Debit Card for Teens Lets Parents Hold the Reins
Sun-Journal Lewiston, Me. › June 28, 2006
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Summary
Like many teenagers, Cassandra Bess whips out plastic when she goes to the mall to buy CDs, makeup and clothes. But her card is different - it has special technology that lets her parents monitor and control how she spends her allowance.
In an increasingly cashless and computer-driven society, an Arizona company with Midwestern roots has introduced a debit card with V-chip-like computer controls, letting parents set daily, weekly or monthly spending limits, review statements and even select where it can be used. For example, parents can make sure their children's debit cards work at gas stations but not liquor stores.See the full content of this document
Extract
Debit Card for Teens Lets Parents Hold the Reins
The Bess family of Suamico, near Green Bay, Wis., is one of only about 300 nationwide using the product, called the Allow Card. Fifteen-year-old Cassandra is a believer.
"It is a way to teach me about mo...See the full content of this document
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