The Mountain View company Google has added a new feature on its very popular Google Pay application and the new feature is called Pocket Money. The newly added feature will be enabling parents to control kids UPI spending. So let’s get into the article to check out the new feature in detail.
The newly added Pocket Money feature is built on top of the existing UPI Circle, and the feature will allow a primary UPI user, who is the account holder, to give trusted individuals, such as family members or friends.
This particular permission will be offering limited access to make payments from the account. Parents will be beneficial with the newly added Pocket Money feature as it will allow kids to use digital payments in a controlled and secured manner.
There are two options including either setting a monthly spending limit of up to Rs 15000 or selecting the approval for every transaction.
So what are your thoughts about the new feature? Share your thoughts in the comments section below and stick with us for more updates from the world of technology.
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