A new update aims to teach kids the importance of money
Google is rolling out an update to its kid-friendly Fitbit Ace LTE smartwatch with the goal to “foster independence and motivate movement” in young users. Chief among them is the implementation of Tap to Pay.
Children will be able to use the feature to pay for things wherever “Google Pay is accepted. In fact, it operates just like it does on the Pixel Watch 2, but with a distinct difference.
Tap to Pay on the Fitbit Ace LTE doesn’t work with just any debit or credit card. The device must be connected to a debit card from either Greenlight or GoHenry, two financial tech companies that strive to teach children about money.
Through this integration, the wearable can also send transaction alerts, implement spending limits, and give out an allowance whenever chores are done. It’s designed to help children develop autonomy while giving parents a way to monitor their finances so they don’t overspend.
