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TEACH THEM HOW TO MANAGE MONEY
TOKEN app grows your children’s financial literacy via interaction and engagement with the family.
Parent
A financial sandbox in which they can learn through experience



A financial sandbox in which they can learn through experience



token-best-features
Advise them in their journey of learning
FAQ
Our
FAQ
Q. What age is Token designed for?
Token account/program is designed for kids' age 6 to young adults of 18 years old.
Q. Can a Child create His / Her account?
Token account must be created by the parents through the Riyad Bank App.
Q. Do I have to have an account in Riyad Bank?
Yes, additionally you should have an active username / password to access Riyad Bank App.
Q. What will my child receive from Token?
Upon opening the Token account, a Welcome Pack will be mailed in your child’s name. The Welcome Pack will contain the following;
- Brief introduction about the account
- Token Prepaid Card (mada / MasterCard)
- NFC Payment Tag / Chip
- Token Bracelet
Q. Should my child be given everything in the Welcome Pack?
Learning is an individual experience, as parents the judgement to provide them with the right payment means. We hope this would be part of the teaching / learning experience in explaining money management.
Q. How do they learn from Token?
A select set of videos is created for our new little clients to watch with their parents. These videos are simple Do It Yourself (DIY) to start a money management experience;
- Learn how to create a secure password
- Understand importance of OTP
- Creating username / password
- Using Token Prepaid Card
- Using Bracelet / NFC Tag
Q. And?
That is just the tip of the iceberg. Token App has many features that would offer parents & little ones topics of discussion. In a few years the little ones should be updating parents and advising us on all the new updates in a digital financial world.