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Lead DevelopmentFACT · 4/5•6 Aug '26•Via techcrunch

Google Wallet adds supervised balances for kids

Google announced that Google Wallet now lets parents set up a secure, supervised balance for children under 18 in the United States. The feature lets parents set daily spending limits, review transaction history, receive purchase notifications, lock or unlock accounts if a device is lost, and apply a temporary "spending timeout" to pause spending. Kids can tap-to-pay using Android or Wear OS devices where Google Pay is accepted, without needing a bank account. The update aligns Google Wallet with tools like Apple Cash Family and competes with startups such as FamZoo and Greenlight. The rollout is currently U.S.-only and builds on Google’s 2025 supervised digital payments update for children in select countries.

•Google Wallet now allows parents to set up a secure supervised balance for children under 18.
•Parents can set daily spending limits, review their child’s transaction history, receive purchase notifications, lock/unlock accounts, and apply a temporary "spending timeout."
•Kids can use Android devices or Wear OS devices to tap and pay where Google Pay is accepted, without a bank account.

Entities:Google Apple

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