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Full coverage· Economy· Updated

Bank Hapoalim Launches Digital Money Management Platform for Children Aged 8 and Up

Bank Hapoalim has launched Poalim Junior, a digital platform enabling children aged 8 and above to manage money with parental oversight. The service includes a prepaid card, savings options, and educational content for both children and parents, aiming to foster early financial literacy.

3 newsrooms · 1 language · since

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Bank Hapoalim Launches Digital Money Management Platform for Children Aged 8 and Up
Illustration by baba

What happened

  1. 01Bank Hapoalim launches Poalim Junior, a digital money management platform for children 8+.
  2. 02Parents can control accounts, load prepaid cards, and receive purchase alerts via the bank app.
  3. 03Children can manage money independently, make payments, and track budgets digitally.
  4. 04Parents can open fixed-interest savings accounts for children with 4% annual returns.
  5. 05The platform includes educational content hubs for parents and children developed with financial experts.
  6. 06Poalim Junior offers entertainment benefits through Poalim Wonder to enhance user experience.
Translated and summarized by baba from Channel 13, the latest report. Read Channel 13’s original

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