Verity App 1.7.1

Verity The App is MENA’s family banking and financial literacy app with a prepaid card for kids and teens, a tool that encourages financial responsibility.

Children aged 8 to 18 are guided on budgeting and managing their finances, instilling the value of money:

• EARN: Kids can make money through assigned chores or allowances. Verity also offers a referral program, allowing them to earn rewards for successful referrals.
• SAVING: Children develop saving habits by setting goals for things they wish to purchase. Boost their savings with matching contributions!
• GIVING: Teaching the importance of giving back early on, children can set Giving Goals to contribute to causes they care about.
• SPENDING: Children manage spending using their prepaid VISA debit card, allocating sums toward Saving and Giving Goals.

Parents are equipped with comprehensive controls, notifications, and features to ensure a secure environment for their kids' real-world financial activities.

The app aligns regional values with global citizenship and is currently accessible in English, with Arabic language support on the horizon. Presently operating in the UAE, expansion to other MENA regions is imminent.

Prioritizing safety and security, Verity adheres to regulations stipulated by the Central Bank of the United Arab Emirates. Employing VISA, PCI, and 3DS certified technology guarantees secure transactions. Users' funds are held in partnership with Mashreq Bank under UAE Central Bank guidelines.

Enhanced parental controls include real-time notifications, spending limits customization, and card management functions. Kids' debit cards feature fortified security measures like app-controlled details access, chip and PIN protection, secure PIN recovery options, and bank-level encryption.

The Verity App is free to use. Transparent operation underscores our philosophy embodied in our name "Verity."

Through experiential learning practices, children gain financial comprehension by engaging in real-world financial scenarios using their own funds. A gamified educational section provides additional learning resources soon.

© Verity The App Ltd operates within the Dubai International Financial Centre (“DIFC”). The Verity App card is issued through partnerships with VISA, Nym Card, and Mashreq Bank.

Join the multitude of parents and teens in the UAE embracing financial independence alongside Verity!