The Smart Way to Manage Pocket Money at School
How the Royal Student Wallet keeps spending safe, simple, and visible
Cash is messy in schools. It gets lost, “borrowed,” or spent on the wrong things. Parents and sponsors struggle to see where money goes, and bursars spend hours reconciling payments. The Royal Student Wallet fixes this by turning pocket money into purpose-bound funds that work only at approved merchants—like the canteen, bookshop, transport, and printing.
How it works
- Top up via M-Pesa Paybill/Till (and other supported rails).
- Spend at approved points using a tap card, USSD, biometric, or mobile app.
- Track every transaction instantly with SMS/app notifications and downloadable statements.
Why parents & sponsors love it
- Spend controls: Set daily/weekly limits, merchant categories, or time-of-day rules.
- Real-time visibility: See transactions as they happen; export statements for budgeting or reimbursements.
- Peace of mind: Lost card? Freeze instantly. Funds can’t be used at non-approved outlets.
- Share the load: Sponsors and relatives can top up directly, with notes (e.g., “textbooks only”).
Why schools love it
- Cleaner audits: Digital receipts and automatic reconciliation reduce cash leaks.
- Faster lines: Tap-to-pay shortens canteen queues.
- Better oversight: Merchant dashboards show volumes by outlet, time, and product category.
- Safeguarding: Less cash on campus lowers theft and bullying risks.
Why students love it
- Cashless convenience: No need to carry notes or search for change.
- Rewards: Opt-in loyalty and behavior badges (e.g., attendance) keep motivation high.
- ID & safety: Optional student ID on the card/app and gate entry logs improve campus safety.
Security & privacy by design
- PIN/2FA, device binding, and encrypted data end-to-end.
- Role-based access & audit trails for school admins.
- Alignment with national data protection laws and school safeguarding policies.
Perfect for boarding & day schools
Whether it’s weekly top-ups for boarders or daily transport and lunch for day students, the wallet keeps spending on budget and on purpose.
The Royal Student Wallet turns pocket money into purpose-bound funds—safe, trackable, and only usable where it matters most: in school.
Getting started
- Step 1: Book a demo (see the parent & bursar views).
- Step 2: Set up your approved merchant list and spending rules.
- Step 3: Issue cards/USSD access and go live with our starter communications kit.
M-Pesa and Safaricom are trademarks of Safaricom PLC; integrations provided via licensed connectors.
