Users of Google’s new kid-focused smartwatch can connect a Greenlight Financial Technology debit card for contactless payments.
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Atlanta-based fintech unicorn Greenlight has 6.5 million users for its combined “smart” debit card and app that helps kids improve their financial literacy while giving parents control over their spending.
By connecting Greenlight to the Google Fitbit Ace LTE, kids can pay without a phone or physical card. Meanwhile, parents can instantly send money, automate allowance payments, manage tasks, set flexible spending controls and receive real-time notifications through the app.
“We are excited to work with Greenlight to integrate Tap-to-Pay functionality into the Fitbit Ace LTE, giving parents a valuable tool to instill responsible spending habits and help children gain confidence while learning important money management skills,” said Ben Greenwood, Fitbit Ace LTE product lead.