Google announced on August 6, 2026, that Google Wallet will now allow parents to set up a secure balance for children under 18, giving families a way to manage kids’ spending directly within the app.
Parents can set daily spending limits, review their child’s transaction history, and opt in to receive notifications whenever a purchase is made. They can also lock or unlock the account if a device is lost, or activate a temporary “spending timeout” to pause all spending at any time.
Kids can use an Android device or Wear OS device to tap and pay wherever Google Pay is accepted. Google says the feature is intended to let children manage their own money without needing a traditional bank account.
The rollout is currently limited to the United States. Google has not announced whether or when the feature will expand to other regions.
The update builds on a feature Google introduced last year, which allowed parents and guardians in select countries to let their children use digital payments on Android devices under parental supervision. Under that earlier system, a payment card could only be added with parental consent, and parents received an email for every transaction. That update also gave kids the ability to store supported passes in Google Wallet, such as event tickets, library cards, and gift cards.
The new feature puts Google Wallet in more direct competition with Apple Cash Family, which similarly allows parents to send money to children while monitoring transactions and managing spending controls. Google is also positioning the tool against startups like FamZoo and Greenlight, which offer financial literacy features for kids through prepaid debit card systems.
Source: TechCrunch