posb smart buddy - moe...buddy watch app features tap on reader price $1.50 canteen bookshop smart...

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POSB Smart Buddy It’s here to create a Smart Nation with the next generation.

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Page 1: POSB Smart Buddy - MOE...Buddy watch App features TAP ON READER PRICE $1.50 Canteen Bookshop Smart Buddy mobile app helps manage your child’s finances Date/Time Display Name Contactless

POSB Smart Buddy It’s here to create a Smart Nation

with the next generation.

Page 2: POSB Smart Buddy - MOE...Buddy watch App features TAP ON READER PRICE $1.50 Canteen Bookshop Smart Buddy mobile app helps manage your child’s finances Date/Time Display Name Contactless

Introducing The Smart Buddy Ecosystem

Parents set daily allowance to child’s watch via Smart Buddy app

In School

Where can the Smart Buddy watch be used?

Out of school• Delifrance• Four Leaves• Kiddy Palace• National Library Board• POPULAR Book Co• Sakae Sushi• Smiggle

And many more

Track stamps digitally

Track transactions

Track savings

Track fitness

Create savings goal

Child make purchases using Smart Buddy watch

App features

TAP ON READER

PRICE $1.50

Canteen

Bookshop

Smart Buddy mobile app

helps manage your child’s

finances

Page 3: POSB Smart Buddy - MOE...Buddy watch App features TAP ON READER PRICE $1.50 Canteen Bookshop Smart Buddy mobile app helps manage your child’s finances Date/Time Display Name Contactless

Date/Time

Display Name

Contactless Payments

Steps taken

Calories burnt

Distance travelled

Water-resistant

Watch Features

How does it work?

Girl, it costs S$1.00, please tap your watch

TAP ON READER

PRICE $1.00

BALANCE

S$0.50

Once price is shown, student taps to pay.

Balance will be shown too.

12.00

12.00

Thank you, auntie! Auntie, I want to buy a small noodle set

Page 4: POSB Smart Buddy - MOE...Buddy watch App features TAP ON READER PRICE $1.50 Canteen Bookshop Smart Buddy mobile app helps manage your child’s finances Date/Time Display Name Contactless

Convenience Security

Easy set up of allowance:

• One time set up of daily allowance (up to S$100)

• Able to change allowance limit instantly if additional allowance is required

Auto savings :

• Leftover allowance automatically transferred from parents’ account into POSBkids Account on a monthly basis

• Disable account function in case of theft/loss of watch

• Grant child access* to the mobile app, allowing them to monitor their own savings and spending behavior

*unable to change allowance settings

• Able to personalise watch via mobile appZECH

Zech Lim

S$9.00 S$1.00

S$10.00

17 Jul 2017 - 23 Jul 2017

Feb

$0 $0 $0

$20.10

$85.20

$42.87

Mar Apr May Jun Jul

S$1.50 S$0.50

Page 5: POSB Smart Buddy - MOE...Buddy watch App features TAP ON READER PRICE $1.50 Canteen Bookshop Smart Buddy mobile app helps manage your child’s finances Date/Time Display Name Contactless

Monitor Financial literacy

Tracking of expenses:

• Able to know what child is eating or buying in/out of school

Health tracker:

• Watch works as a steps counter to track calories burnt and distance covered

• Digital tracking of POSB Smiley Stamps as part of National School Savings Campaign

• Fuss free, does not require sending of physical stamp card to the bank.

• Auto crediting of stamps savings to POSBkids account

• Goal setting function to encourage kids to save up for what they want