The best part about fampay is that it is super easy to get started, unlike other payment apps fampay don’t ask you bank account details or any fancy informations. You just need your name, phone number and your parent’s PAN number. This allows you to make payments with UPI by scanning QR code or by typing UPI id. Another way of making payments is to pay directly to someone who is already on fampay.
You can also order goods from e-commerce websites like Amazon, flipkart using fampay
You even can order your own personalized fam card which allows you to swip it on any payment machine ( just like adults do ?? )
Yes, there are some issues like something UPI service is temporary down and thr major flaw is you cannot withdraw cash once you have the amount in your wallet.
If you are thinking of making a fampay account for your child I would say go on!
This will help your child to learn skills like money management while allowing him/her to make payments for his/her needs/wants