SYSTEM AND METHOD FOR NEW EXECUTION AND MANAGEMENT OF FINANCIAL AND DATA TRANSACTIONS

摘要

A system and method for establishment of rules governing child accounts may include associating, in a database, a first transaction card through which access to monetary funds is extended with a second transaction card through which access to said monetary funds is extended. Also, in said database, said second transaction card is associated with one or more rules governing access to said monetary funds by said second transaction card. Finally, an individual owning said first transaction card is permitted to specify said rules governing access to said monetary funds by said second transaction card.