PushCoin Inc. aims to give parents a better handle on their kids' spending habits with a payment system rooted in the use of an assortment of items including mobile phones, wristbands and Near Field Communication stickers.

The Geneva, Ill.-based startup created the PushCoin mobile prepaid system to provide parents with "a powerful tool for allocating money into accounts and monitoring the spending" for children 12 and older, says Anna Lisznianski, PushCoin's chief executive officer and co-founder.

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