Has the Tooth Fairy gone cashless? | FT #shorts

The tooth fairy has been hit by rising inflation. The going rate for a child's tooth is now nearly £5 according to a pocket money survey by Rooster Money. But rather than leave cash under the pillowcase, parents are making digital transfers to their children's prepaid contactless debit cards.In a largely cashless society, it's getting harder to teach children about money. But more British banks are offering apps linked to payment cards with parental controls for children as young as six. This is shaking up ...