MobilePay Opens Payment App to Children Aged Seven in Denmark

Parents in Denmark can now set up MobilePay for children aged seven.

The payment app has launched a new restricted version for young users.

This update helps families manage pocket money in Denmark's near-cashless society.

Children can now make digital transfers and payments with their own app.

Parents maintain full control over available features and monitor all daily spending.

Guardians must verify their parental status through Borger.dk to setup accounts.

MobilePay announced these changes for young children in Denmark this week.

The official updates were reported by local media outlet CPH Post.