Cash is king but peer-to-peer (P2P) payment became popular during the pandemic (Twint in Switzerland).
Digital banking developed for Gen Z & Alpha
For financial service providers who do not want to leave the future to chance.
Safe space and contextual support in acquiring financial skills
Privacy for teens
Same experience as paying with cash, but with a debit card
Supervision & safety net
Adjustable levels of safety and supervision depending on maturity and sense of responsibility of teens
Shared parent money pot
For everyday expenses that are not covered by pocket money