Hull-based GuardianCard has been launched to protect vulnerable people in society.
In Brief:
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It aims to protect the older generations against financial abuse.
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Users can create a virtual card for a relative or carer to shop on their behalf.
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The virtual card is a “safe and secure” solution for relatives who care for older family members.
What does this mean?
GuardianCard aims to enable people to shop on someone’s behalf without taking away their independence – the account holder can still see transactions in real time, in case of any non-approved activity.