Oink is a popular app that allows parents to manage allowances for their kids, as well as payments for all family members. Basically the system is a super-simple bank for children that can only get funds from parents, and it includes tracking options to see what the tykes spend that dough on. Parents can also freeze and unfreeze the account instantly using the new app.
Oink features multiple profiles for families with more than one child, and tools allow you to freeze accounts (for when they’re grounded, I suppose?) or unfreeze them at any time.
Virtual Piggy, is the provider of Oink, a secure online and in-store youth wallet. Oink enables kids and teens to manage and spend money within parental controls while gaining valuable financial management skills. In addition to the Oink Card, named Best in Category in the Head of the Class category of the 2015 Paybefore Awards, the technology company also delivers payment platforms designed for the under 21 age group in the global market and enables online businesses the ability to function in a manner consistent with the Children’s Online Privacy Protection Act (COPPA) and similar international children’s privacy laws. The company, based in Hermosa Beach, CA, is on the Web at: www.virtualpiggy.com and holds three technology
patents, US Patent No. 8,762,230, 8,650,621 and 8,812,395.
Oink app is a free app, can be download on Google play store.
User reviews: If you have tried this app, go ahead and share your reviews on Google play.