Clanq kids banking – introduction to handling money
Clanq kids banking lite with coins and notes
Clanq kids banking lite with coins and notes
Kids banking lite helps children take their first steps in handling money. The Clanq app visualises the processes of earning and saving money for specific goals. This helps children understand what money means step by step.
The kids banking lite feature combines physical money with digital support in the app, creating a basic understanding of income, expenditure and savings goals. Later on, the transition to a digital wallet is easy because they already understand how it works.
Parents can also enter small tasks for their children in the Clanq app. Once a task has been completed, it is ticked off in the app, and the children receive their reward in cash. This teaches them that hard work and responsibility pay off.
Financial education with Clarry
Financial education with Clarry
In short stories featuring Clarry, the St. Bernard puppy, children learn playfully why saving is important and how to handle money responsibly. Entertaining and realistic.
St. Bernards are often seen with a small barrel around their necks – and in Clanq kids banking, this is the «savings barrel». Together with their parents, children can set savings goals and see how their barrel fills up step by step.
In the lite version, children first collect their money physically; instructions for making their own barrel are included. This helps children understand at an early age how much their wishes cost and how they can fulfil them by saving.
Coming soon: Digital wallet for children
Clarry the St. Bernard will soon be available to touch. And not only that: Kids can also use it to pay! As a digital wallet made of biocompatible silicone with an integrated chip, Clarry works like a prepaid card linked to the Clanq app. Children can use it to make small cashless purchases in shops.
Kidsbanking at a glance
All in one app: Parents control kids banking lite and later kids banking directly in their Clanq app – with full transparency and easy operation.
Full control: Pocket money is transferred regularly and directly to Clarry. Parents can set limits, view payments or pause or block Clarry if necessary.
Understanding finances: Children learn how to handle money through various stories, chores and savings pots.
The most important questions and answers about Clanq Kidsbanking
Kids banking lite is the first step: children and parents define savings goals and chores together. Once the child has completed the chore, they receive the agreed-upon amount of money in cash. The Clanq app documents this cash flow. This helps children understand early on that money has value.
Kids banking goes one step further: With Clarry, your child gets their own digital wallet (similar to a prepaid card). In addition, completed chores are paid directly into Clarry and the «savings barrel» is filled with money like an account.
No. Everything runs through a parent’s existing Clanq account.
Yes. Clarry is not a standalone payment method, but only works in conjunction with the parents’ Clanq app. Parents use the app to manage credit, set limits, view all transactions and maintain full control at all times.
No, your child does not need a smartphone for this. However, they can view all relevant information in a child-friendly format via the «child mode» in the app on their parents’ smartphone.
Kids banking lite is suitable for children of pre-school age. At this stage, children begin to discover the value of coins and notes playfully and understand simple concepts. With kids banking lite, parents can accompany them on these first steps and explain how to handle money in a child-friendly way.
Pro tip: Kids banking lite includes our short children’s books about Clarry’s adventures, perfect for children aged 4 and above.
Clarry, the digital wallet, is suitable for children who can do arithmetic and have already had their first experiences with physical money.
Yes, you can add a separate digital wallet for each child and manage it individually.
Parents retain full control over Clarry at all times. Security is guaranteed, as parents set the limits, receive payment notifications and can pause or block Clarry if necessary.
All banking services in the Clanq Switzerland app are provided by our partner bank, Cornèr Bank SA, which has branches in Chiasso, Lugano, Geneva and Zurich and offers a full range of banking services.