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Children as young as 10 can now use mobile payments at youth bank BUUT

Children as young as 10 can now use mobile payments at youth bank BUUT

ABN AMRO's youth bank, BUUT, has launched a service allowing children as young as 10 years old to make mobile payments using their smartphones. Starting Tuesday, BUUT claims to be the first bank in the Netherlands to offer this capability to customers under the age of 16.

Based on reporting by ad. Translated and condensed by LocalHeadlines.

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