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Verizon introduces financial literacy program for kids, offering parents peace of mindWhat you need to know:
BASKING RIDGE, N.J., June 15, 2021 (GLOBE NEWSWIRE) -- Today, Verizon introduced a new tool for parents to help their kids as they take charge of their financial future. Starting today, Verizon and non-Verizon customers can try Verizon Family Money for 30 days on us1— a new, easy-to-use app and prepaid debit card that allows kids to save, spend, earn, and become money-savvy. Parents can step back and watch their kids become financially responsible as they help manage from the sidelines. Verizon partnered with Galileo, the API standard for card issuing and digital banking, to create the fintech platform Family Money is built on. The Family Money Prepaid Visa Card is issued by Metropolitan Commercial Bank2. With Family Money you can:
What you get Kids get an app designed with them in mind, including a spending account with a prepaid debit card to make purchases online and at retail stores and a savings Vault to save for future goals. Parents are always in control and can have peace of mind with tools like blocked spending categories. Parents can also:
Start the 30-day trial now, on us1 Not a Verizon customer? Not a problem, Verizon and non-Verizon customers can download the Verizon Family Money app from the Google Play and Apple App Store. Then, create a Verizon Family Money account and link a verified bank account. Peace of mind at every stage In addition to Family Money, Verizon has the products, solutions and plans you need to help your family stay connected in safer and more responsible ways at every stage of your digital journey. To learn more about products and solutions for families at Verizon, visit https://www.verizon.com/family-tech/. 1 No commitment. Plan automatically renews until cancelled. Cancel at any time. Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $128.3 billion in 2020. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control. Galileo, the API standard for card issuing, virtual card solutions and digital banking, is a global payments processing platform that powers world-leading fintechs, challenger banks, neobanks, financial services and investment firms by removing the complexity from payments. Galileo makes it fast and easy for many types and sizes of businesses to innovate and deliver amazing financial services user experiences to their customers. Headquartered in Salt Lake City, Galileo has offices in Mexico City, New York City, San Francisco and Seattle. VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/. Media contact: |