WestStein Children's Virtual Card: easy to get, safe to use
Modern children are very inquisitive, have a great understanding of gadgets from a very young age and love to shop. In order for a person to enter into adulthood financially literate, acquaintance with and training in planning and financial management must begin in childhood.
The concept of a children's debit card and its purpose
The WestStein children's virtual card is not only an indispensable financial tool, but also an educational tool for children. Many parents underestimate the importance of their child having his own card. They are afraid that he will lose it or that it will be stolen from him. Therefore, many have not yet switched from pocket cash to a children's debit card.
Having cash in hand, a child is very tempted to spend it. He knows that tomorrow he will receive the same amount from his parents and there is no point in keeping them. This is ordinary psychology and there is no point in arguing with it.
With a map the situation is different. Parents can give their child a little more money than he needs for pocket expenses, while agreeing that some will remain on the card. And after a while, when the amount has accumulated quite a decent amount, it can be spent on the thing or toy desired by the child.
In this way, a child can be taught to handle money sparingly and Over time, you will receive something that you cannot buy right away.
Advantages of a debit card for children
The financial instrument that is a children's debit card can be used by both teenagers and children, starting from primary school age. Its advantage is that even after spending all the money from the card, it is impossible to get into credit funds or create debt.
Introduction to financial literacy
A child, having a card and an appendix to it, monitors his spending, controls his budget, and learns to save. At the same time, financial transactions made by the child are visible to the parents.
Security of making payments
A child may forget his cash at home, drop it on the way to school, or have it stolen from him. A virtual children's card is an electronic analogue of a plastic card, which can be used with an application on your phone. Thanks to her, finances are in order and securely protected.
Parents can set limits and certain restrictions on the card. In addition, they have the opportunity to completely control all financial transactions made by the child.
Completing online payments
Children with a WestStein virtual debit card can freely make purchases in various online and offline stores and pay in school canteens. At this time, parents will be calm that the child is financially secure. he will not be hungry and, if necessary, he will go shopping.
Contactless payments
In our world, teeming with viruses and bacteria, it is very important to minimize children’s contact with cash. Contactless payment method allows you to avoid this. And children will easily learn NFC technology as one of the fastest and most convenient.
Card replenishment
Parents have the opportunity, even if they are not nearby, to provide support and top up their children’s card at any time for any amount.
The WestStein virtual debit card for children will help the younger generation become familiar with finances and learn to control them. This is a necessary experience that will definitely come in handy in the future.
How to order a virtual Mastercard
The process of ordering a children's card is very convenient and simple, and also does not require much time.
- To obtain a card, you must go to the official website of the WestStein company.
- Next you need to register or log into your personal account. When registering, you will need to fill out a standard form.
- Next you need to select the type of card, that is, a children's debit card.
- Fill out the registration form for your child very carefully. You may need to verify your identity and that you are the child's parent.
- Then you need to take care of security. To do this, you need to set spending limits and set up receiving notifications about your account status and completed transactions.
- Next you will need confirmation of the order and to activate the card, top up the card with a certain amount.
- WestStein will deliver the card to the specified address as quickly as possible.
- Activate the card according to the instructions that will be included with the card.
Now you don’t have to worry about your child’s financial literacy. He will quickly master the system of managing his finances.
A virtual children's card is a child's path to financial literacy and self-confidence in the future. He quickly learns not only to pay for his purchases, but also to replenish it and transfer money from account to account. He will definitely need this knowledge in the future.