Students always have a list of wishes. Be it a new course enrollment or trendy clothes, teenagers have their preferences. Often, parents of today find it very difficult to open bank accounts for their teenage children due to difficult processes.
Parents of millennials are increasingly facing difficulty in funding and managing their teens' expenses, given the looming tech advancements and exposure they get.
A banking platform called Walrus was built, especially for teenagers. They can send and receive money from their family member and closed ones instantly. A dedicated app or a virtual card like a legacy bank account seemed very safe to parents.
Walrus provided benefits for both parents and teenagers. It gave parents control and visibility over their kids spending patterns and teenagers had their financial independence.
Explore YAP's prepaid card journey right from start to finish.
API Response
{
"mti": "0200",
"pan": "5088XXXXXXXX0005",
"processingCode": "311000",
"transactionAmount": "0000000000000",
"settlementAmount": null,
"cardHolderBillingAmount": null,
"dateTimeTransaction": "0412183004",
"settlementConversionRate": null,
"cardholderBillingConversionRate": null,
"stan": "247972",
"rrn": "242772502272",
"timeLocalTransaction": null,
"dateLocalTransaction": "183008",
"expiryDate": null,
"settlementDate": null,
"conversionDate": null,
"mcc": "6011",
"channel": null,
"acquiringCountryCode": "356",
"posEntryMode": "901",
"cardSeqNumber": null,
"pointOfServiceConditionCode": "00",
"feesAmount": null,
"acquiringInstitutionCode": "720397",
"forwardingInstitutionCode": null,
"track2Data": "5088XXXXXXXX0005=2100XXXXXX000000000",
"authorizationIdResponse": null,
"responseCode": null,
"serviceConditionCode": "520",
"cardAcceptorTerminalId": "TEST1234",
"cardAcceptorId": "TEST12345678901",
"cardAcceptorNameLocation": "M2PKARTHICK TNIN",
"additionalResponseData": null,
"track1Data": null,
"additionalData48": "051005POS010520032940560023105800500999061030000000000000000012000000000000071042103.014.161.0050000000000000000000000003560770401000000000000000000000000000000000105200",
"transactionCurrencyCode": "356",
"settlementCurrencyCode": null,
"cardholderBillingCurrencyCode": null,
"pinData": "419E0B8AAD1D2B2F0000000000000000",
"additionalAmount": "9090356D000000001000",
"chipData": null,
"adviceReasonCode": null,
"posDataCode": "5116615GA000000400051AddressAddressAddres",
"privateData1BiometricData": null,
"privateData2EncryptedBiometricData": null,
"networkManagementCode": null,
"originalDataElement": null,
"fileUpdateCode": null,
"replacementAmount": null,
"fileName101": null,
"accountIdentification1": null,
"accountIdentification2": null,
"reservedForPrivateUse": null
}
Omnichannel Gift platform for creating Your own brand of Corporate and Retail gifting products. Choose from a variety of Virtual, Physical, Tokenized cards, Brand vouchers and coupons
Send and Accept Payments interoprably using BHIM UPI and BharatQR. Over Half-a-Million Merchants and counting
Control transactions, authorize payments and have full control of money flow by funding the accounts Just-In-Time!
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Capture all inbound and outbound spends using our Digital Travel Money and Remittance platforms