Cash App Expands Youth Financial Services for Children Aged 6-12
Cash App, owned by Block, is expanding its youth financial services to children aged 6-12, allowing parents to create accounts for them. The service includes debit cards, P2P payments, and interest-earning features, aiming to teach financial responsibility. Children can transition to full Cash App accounts at age 13 with parental approval.
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Topics: Cash App children's financial services financial education fintech product expansion