“Mom, give 100 hryvnias”: Monobank launched a new feature for kids

In the child-friendly Monobank app, a new feature has appeared that allows children to independently ask parents for pocket money. The news was announced by the bank's co-founder Oleg Gorokhovsky, writes Glavcom.

The app added a button “Ask for money from parents.” The child can specify the needed amount and add a comment explaining what the money is for. After that, parents receive a push notification with the request. They can decide themselves whether to transfer the money to the child or to reject the request.

The developers provided restrictions so that children cannot send an unlimited number of requests to parents. Each request is allotted 24 hours for consideration, and during the day the child can send no more than five requests.

Feature “Ask for money from parents” in the app

photo: Monobank

The new feature is available within the child card of Monobank, which is designed for users up to 14 years old. Parents, meanwhile, can control the child's spending, set limits on individual categories of purchases and cash withdrawals.

Now instead of a personal request saying “mom, give 100 hryvnias,” the child can simply send a request to parents through the app, and the decision to transfer funds remains with the adults.

It is worth noting that another mobile app, Reserve+, experienced a major outage. Users report that they cannot log into the app and use its features.