And they can control where a child can shop and how much they can spend at one time. Kids also can fill out a wish list so that registered friends and relatives can see what they'd like to receive for birthdays and holidays. Gillette also liked all the options, including the teen finance advisers. Rodriguez didn't see much value to the wish list. It helps with spending money.
Parents also can use their credit card to fund an online allowance.
The site lets parents restrict the merchants and the hours when shopping is permitted. In June, the Web site will introduce a number of changes, including an online currency exchange, which will let consumers aggregate various types of cyber currencies, such as beenz, Cybergold and InfoPost. That will give RocketCash customers new ways to fund an account. It encourages kids to take responsibility for their money. Chan liked the fact that parents can fund an allowance online.