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OCBC Bank to Offer Digital Bank Accounts for Children Aged 7-15 from October

Fintech News

SEPTEMBER 3, 2024

Parents must open the account via their own OCBC Digital app, and children will receive an OCBC MyOwn Debit Card with customisable designs. The account allows children to make digital payments, such as scanning QR codes or using PayNow, and make contactless payments with their debit cards.

Accounts

Accounts Financial Literacy Freeze Account Debit Card

What is a Payment Service Provider (PSP) and How Do They Work?

Stax

AUGUST 29, 2024

The dominance of cashless commerce means only businesses that ensure the seamless processing of in-store and online credit and debit card payments will remain competitive. For example, the charges for a credit card payment online will be different from the charges for an in-person credit card payment.

Payment Service Provider (PSP)

Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking

Payments Space

OCBC Bank to Offer Digital Bank Accounts for Children Aged 7-15 from October

What is a Payment Service Provider (PSP) and How Do They Work?

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