Eshta Bank introduces a new generation children’s wallet
Summarized and contextualized by DistantNews.
At a glance
- Eskhata Bank launched a new digital "children's wallet" within its "Eskhata Online" mobile application.
- The platform helps children aged 7-16 learn money management with parental oversight, offering features like transfers, payments, and savings goals.
- Parents can monitor transactions, set limits, and receive notifications, with up to 10 wallets connectable to one parent account.
Eskhata Bank is introducing a new digital "children's wallet" designed to foster financial literacy among young people. The product, integrated into the "Eskhata Online" mobile application, aims to provide a secure digital environment for children aged 7 to 16 to learn about managing money. It allows them to receive transfers, pay for services like mobile top-ups and online games, and set personal savings goals. The bank emphasizes that this initiative cultivates conscious consumption, responsibility, and independence from an early age. Parents are given comprehensive control over their child's finances through real-time monitoring. They can set daily spending limits, track all transactions, and receive instant notifications for every purchase. The system allows for up to 10 children's wallets to be linked to a single parent account, making it a practical solution for larger families. The bank highlights the cashless format, instant replenishment, transparent transactions, and the role of limits in fostering financial discipline. Security is a priority, with parents able to instantly block a wallet if a phone is lost. "The launch of the children's wallet reflects the mission of Eskhata Bank as a next-generation digital bank," said Akmaljon Saifiddinov, Chairman of the Board of OJSC Bank Eskhata. "We are creating an ecosystem where technology works for the benefit of the family, making financial management simple, safe, and transparent, and preparing children for independent life in the modern digital world." He described the product as more than just a banking tool, but a digital platform shaping habits and a competent attitude toward money. Eskhata Bank continues to develop technologies aimed at making financial services more convenient for families and promoting financial literacy for the new generation.
The launch of the children's wallet reflects the mission of Eskhata Bank as a next-generation digital bank. We are creating an ecosystem where technology works for the benefit of the family, making financial management simple, safe, and transparent, and preparing children for independent life in the modern digital world. This is not just a banking product, but an entire digital platform that shapes habits, responsibility, and a competent attitude toward money from an early age.
Originally published by Asia-Plus. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.