For parents

• Go to the parent app and log in using your phone number. You will receive a verification code to confirm your login.
• Once logged in, you will be directed to the home page. Here, you will see  "My balance” and click on “add money” button to your account.
• Or you can send the money directly to your kid's account by clicking on “$ send” either going to down the middle; or selecting your kid´s profile and “send money”.‍
• "Add a Bank account" Currently we are upgrading this feature.
• On the next page, you will see options as “My balance", "Use a new Credit/Debit card (Fast transfer)”, Google pay or apple pay 
  • If you select “My balance” you will be redirected to pick an amount screen based on your current parent balance. Type the amount, pick to witch kid you are sending the money to, and click on the next button. 
    
    • If you selected "Use a new Credit/Debit card" you will be redirected to pick an amount screen and then directly to Checkout platform to finish the transaction. With this option, you can use debit or credit, apple or google pay cards to fund the parent and or kid account.
    • To set up a direct deposit, simply click on the "Bank details" button in the teen profile. You'll find the necessary details there, which you can use to transfer money directly to the teen's account through your bank’s platform.
    • Tap Confirm and Send to complete the transfer.
    • Select Linked Bank Account from the funding options.
      
      • You’ll be redirected to a Plaid agreement page. Follow the prompts to securely connect your external bank.
      • Once linked, the bank account will be saved in Modak for easier future transfers.
      • To fund your teen’s account tap on the send button, if you want to add funds to your own parent account, tap the Add $ button.
      • Enter the amount you’d like to send, review the details, the Standard transfer is preset (no fees).

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• Go to https://app.modakmakers.com/parents and log in using your phone number. You will receive a verification code to confirm your login.
• Once logged in, you will be directed to the home page. Here, you will see the "Teen's Account" section and a "Add teen" button > click there.
• To complete the registration process, you will need to provide the following information about your teen: full name, email address, phone number, date of birth, and Social Security Number (SSN) (optional).
• Once the information is complete the next screen will allow you to request a virtual card. Click on the "Request virtual Card" button to proceed.
• You will be redirected to the parent's portal to complete the card ordering process.
• Once the process is complete your teen will need to:

• Download the Modak Makers app
• Sign in with the teen’s phone number you registered
• Voila! The teen will be able to see the MoCard on the mobile app.

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To ensure compliance with banking regulations in the United States, individuals under the age of 18 are required to obtain parental permission in order to acquire the MoCard. Consequently, if you have a teenager seeking to obtain a MoCard, it is necessary for you as parent or legal guardian to create an account on your behalf.

The requirement of providing a Social Security Number (SSN) when opening a bank account in the US is necessary to verify that person’s identity and ensure that they are the person they claim to be. It is a crucial step to prevent fraudulent activities and protect both the customer and the bank from potential risks. At Modak, the only required SSN is from the parent as they are they adult owner of the account.

1. As a parent open the Modak app.
   
2. Select one of their teens under the account.
   
3. Tap on Allowance.
   
4. Toggle the Allowance switch ON.
   
5. Set the amount and select the frequency: Daily, Weekly, Bi-weekly or Monthly
6. ‍If applicable, select the specific day for the allowance payment (e.g., every Friday, or the 1st of each month).
7. Tap Save Allowance.
   
   

Once saved, Modak will automatically transfer the chosen amount from the parent’s balance to the teen’s balance according to the selected schedule.

The parent can turn off or edit the allowance at any time.

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Please follow the next steps:

• Select Kid Profile: Click on the profile of the child whose allowance you want to adjust.
• Access Allowance Settings: Click the "Allowance" button.
• Adjust Details: Make any necessary changes to the allowance details.‍
• Save Changes: Press "Save" and go back.

Please follow these steps:

• Select Kid Profile: Click on the profile of the child whose allowance you want to turn off.
• Access Allowance Settings: Click the "Allowance" button.
• Toggle Off: Switch the "On/Off" toggle to "Off."
• Confirm Status: Ensure the screen now appears gray, indicating the allowance is turned off.

Save Changes: Press "Save" and go back.

1. Log in to your account

• Tap on your kid’s profile.
• Select kid’s profile: Click on “Chores” and tap “Add chore” 
• Type ( or select) a chore name 
• Choose a reward and description (optional) and click “Continue”
• Set a frequency (how often you want it assigned) and a start date.
• Make sure you have money in your account to be able to pay the chores

2. Then tell your kid to log into their account 

• Tell them to click on chores
• They’ll see the chores you have set up for them. 
• Then they’ll have to select the chore and “mark completed” once is complete it. 
• They have to select an image as proof that they have completed the chore and “mark complete now”‍
• Finally, from your account, you can pay them for completing the chore.

You can add a maximum of 7 kids per parent