HNB PLC launched a prepaid visa card, Wally-E, designed specifically for teenagers. Built with the goal of providing an unparalleled level of convenience and peace-of-mind to parents while at the same time teaching children the value of saving and financial responsibility, Wally-E comes with several unique features and functionality that enable simple tracking and regulating of expenses, the bank said in a media release.
Ideal for children between13-18 years of age, Wally-E gives parents the convenience of managing their children’s finances from anywhere, and at any time.
The system generates automatic SMS notifications every time a purchase is made using a Wally-E card, including details as to how much was spent, where it was spent and what types of purchases were made.
Wally-E cards are issued with identification photos of the user in order to provide an additional layer of security. While the card itself can be used with any Point-of-Sales (POS) terminal, purchases can only be from a comprehensive selection of pre-approved merchants. The Wally-E card also allows parents to make simple and safe payments of school fees and other similar payments.
Re-loading Wally-E cards has also been designed to be as straightforward as possible. Parents can re-load their children’s accounts from any ATM cash deposit machine, or through any ATM via debit card in addition to any HNB Customer Centre or through HNB’s pioneering Home Counter Services.