Gone are the days – not so long ago – when children put a small coin in their piggy bank to buy sweets.
Now they use their pocket money to pay by card.
Betty and Paul are parents of 3 kids, they know they can’t get away with it especially as they’re fed up of giving their Transcash card away. The red Transcash prepaid Mastercard® for 13-year-olds and over is the ideal way to lead them down the road to freedom…
The Transcash pack includes a black card for adults and a red card for children aged 13 and over, plus 2 additional red cards (at extra cost) for the whole family.
These prepaid cards from the Mastercard network work with a PIN code that Paul and Betty can personalise. The black card can be topped up by card, wire transfer or top-up voucher at points of sale or online and the red one gets loaded by a card to card transfer from the black card.
The red card is interesting for a family use in Essential and Max packages, but what exactly is it? - Asks Paul to his wife.
It's a prepaid card from the Mastercard network valid worldwide from age 13...
That allows online and in-store payments without the risk of overdraft:
we manage children's pocket money!
Honey, did you see that you can get up to two extra red cards in the same Transcash pack?
Yes... Plus they're entitled to the same card limits as us with the black card!
What's more, parental control is included! To manage your settings, go to the customer area or the App.
Betty and Paul can:
– Lock or unlock the Transcash card
– Authorize or disallow cash withdrawals from ATMs
– Block sites or merchants that are prohibited or not recommended for minors (bars, tobacconists, discotheques, sex shops, etc.)
– Authorize or disallow contactless payments
Transferring money from a black card to a red card is easy : from the customer area or the App, Paul and Betty manage the ‘Transfer between cards’ tab.
The balance is immediately adjusted: it’s fast and safer than cash! Money sent to the card enables secure purchases (no more lost bills) thanks to 3D Secure online purchasing.
You can even do it in front of the TV or between two appointments!
- No management fees each month
- Unlimited money transfer betweeen cards of the same pack
- Expense tracking of the kids' cards
Family budget: OK...
Money transfer: OK...
Set parental controls: OK...
(they've obviously understood the same thing)
Betty, are you ready to let our wild animals loose?
(understand here that Paul is talking about his children who are excited about receiving their pocket money)
Paul, they'll be able to buy clothes, video games, shoes, go to the cinema and eat their favourite fast food in peace...
Well, as far as they have money on the card!
And happy children mean peace for us parents!
With their pocket money, if Lucie or Eliott still ask us for our Transcash cards, it's because they think we're pigeons or the Banque de France.
Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. The Transcash card is issued by Paynovate SA under license from Mastercard International Inc. Paynovate SA is an electronic money issuer regulated by the National Bank of Belgium and holds a passport in all European countries (réf 0506.763.929).