Children can then manage the money themselves. They can shop in a wide range of child-friendly partner shops or invest their money using an OKIKO saving plan. That way the account can never be overdrawn. OKIKO records the purchases made and informs parents about the shopping cart. They can then easily take a look at the contents of the shopping cart, either on a mobile device or PC, and decide to approve or reject the order.
They also have complete access to the bank details at all times. Furthermore, the automatic and intelligent OKIKO child filter immediately blocks any shopping carts that contain inappropriate products.
The child's age and the filters set by the parents are adhered to at all times, for instance to block the purchase of media with age restrictions.