BBVA adapts its app to children between 14 and 17 years old to make Bizum

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BBVA anticipates the needs of young people and adapts its ‘app’ to children between 14 and 17 years old. To do this, it is launching a special account in Spain for them together with the BBVA Aqua Débito card without administration, issue and maintenance fees. This new account allows minors to make balance inquiries, recharge their mobiles, withdraw cash at ATMs with their passwords without a card and make Bizum. Young people will be able to access this new offer once their parents or legal representatives, BBVA customers, hire it on behalf of the minor through the bank’s ‘app’.

In this way, the bank becomes the first financial institution in Spain to adapt its ‘app’ for minors under parental control and supervision. On the other hand, minors aged up to 13 years, registration as a new customer must be done exclusively in person at the bank offices and always through their parents or legal representative.

From 14 years old they can make payments with Bizum

Another point to keep in mind is that from the age of 14, will be able to make and receive payments through Bizum once their parents or legal representatives have registered them in this service from the representatives’ own ‘app’. Nevertheless, it will be possible to activate and deactivate Bizum at any time, parents or representatives may configure the maximum amount per Bizum shipment operation that minors will have, which is between 500 euros (standard option) or 50 euros (junior option). Likewise, minors also pThey can make payments in online stores with Bizum, as long as the representatives activate the functionality through their private area of ​​the application.

You can check the balance

this new product It also allows you to check your account balance.ay access your card movements to have better control of income and expenses and learn to manage your personal finances. With the BBVA Aqua Débito card, which does not have the card number (PAN) or expiration date printed on it and with a dynamic CVV that reinforces security in all operations, minors can also withdraw cash from ATMs or make purchases with a maximum limit of 200 euros pre-established by their parents or legal representatives.

Source: lainformacion.com

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