Revolut Banking App Enables Teenagers in UK and Europe to Use Apple Pay | Banking
One of the fastest growing banking apps allows its teenage customers to make contactless payments using their iPhone or Apple Watch.
Revolut, which has nearly 4 million users in Britain and more than 16 million worldwide, said this week that its Junior account holders in the UK and Europe can now use Apple Pay.
The company offers a bank-type account with a debit card, as well as a range of other financial services. Revolut Junior is designed for children aged 6 to 17 and is an extension of the parents’ Revolut account.
The move will allow the company’s young customers to use Apple Pay instead of their physical payment card anywhere contactless payments are accepted, with the exception of stores classified as “adult retailers,” such as retail stores. off license and betting shops.
Apple Pay requires you to have an Apple ID; in the UK, adolescents aged 13 and over can register.
The company says the move was a response to feedback received over the past few months from parents and their children. He adds that bringing Apple Pay to teens “simplifies payments … and adds an extra layer of security.”
In the UK, Revolut Junior has over 200,000 users. The company says Apple Pay will soon also be available to junior users in the United States, Australia and Singapore.