ASB bank in New Zealand has announced a new way to manage finance. The bankers of the country’s largest financial institution ASB Bank have created the device, which will replace the piggy bank in digital world, PaySpaysmagazine reports.
The moneybox is represented as a yellow elephant with a digital screen that shows the balance. Specifically, it helps children to control their pocket expenses.
The virtual moneybox is connected with mobile purse of ASB bank via Bluetooth. Meanwhile, using smartphone, parents can transfer virtual money to digital money box. The amount, the aim of receipt of funds and account balance will be displayed on the mini-screen.
The bank underlined that the virtual money box helps parents and their children to check balance on the account and track their expenses
