'Jassby' is a newly launched mobile payment system that's been specifically developed for kids, teens and the needs of the modern family living in the digital age. As today's youth are born digital natives, Jassby provides a solution for secure, convenient and transparent money management, all without cash, checks or plastic cards.
With Jassby, parents are easily able to send kids money for completing chores, babysitting, a birthday, an allowance or any other reason. Parents are also able to pre-approve stores that kids can shop from in-app, as well as set incentives to help kids reach certain goals.
To give parents extra peace of mind, Jassby notes that the app is compliant according to the Children’s Online Privacy Protection Act, as well as ultra-secure due to the use of encryption and biometric authentication technology.
Why This Trend Is Growing
- Youth-friendly Mobile Payment Systems
- Opportunity for developing mobile payment systems specifically designed for kids and teens.
- Secure and Convenient Money Management
- Opportunity to create innovative solutions for secure and convenient money management for families in the digital age.
- Encouraging Financial Responsibility in Youth
- Opportunity to develop tools that promote financial responsibility and goal-setting in young individuals.
Industries Being Reshaped
- Fintech
- Disruptive innovation opportunities in the financial technology sector to cater to the unique needs of young users.
- Education Technology
- Opportunity to integrate financial literacy education into technology platforms for kids and teens.
- Retail
- Opportunity for retailers to collaborate with mobile payment systems to create exclusive offerings and benefits for young consumers.
