How to add money on ps4 wallet

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You’ve finally gotten your child the PS4 they’ve been asking for, but now you need to add funds to their account? Don’t worry.

In this article, we will be going into detail about the PlayStation system and explaining everything you need to know about how to add funds to PS4 wallet so your child can get to playing with their friends in no time!

Table of Contents

• 1 Understanding the PlayStation Wallet
• 2 How to Add Funds to the PlayStation Wallet
  • 2.1 On Console
  • 2.2 On Web Browser
  • 2.3 With PlayStation Store Cards
• 3 What’s The Difference Between A Child And A Parental Account?
• 4 How Do I Set Spending Limits On My Child’s PS4?
• 5 Other Options
• 6 FAQs
  • 6.1 Why is there no wallet in my PlayStation settings?
  • 6.2 How do I transfer money to another account on PS4?
  • 6.3 How do I sync my PS4 account?
• 7 The Final Thought

Understanding the PlayStation Wallet

The PlayStation Wallet can only be accessed via a parental account on the device, not through your child’s for obvious security reasons.

Through this parental account, you can set spending limits, set up payment methods to your bank account, and make sure your child is keeping safe whilst playing online.

Before you start to try adding funds to the account, make sure you are doing so via your parental account and not the child’s account as this will not be possible.

How to Add Funds to the PlayStation Wallet

You can do this through several methods, here are some easy steps for you to follow:

On Console

• Go into your console settings
• Select account management
• Choose the options account information
• Select wallet
• Select payment methods

Then you will be able to link the device to any of your chosen payment methods such as credit or debit card as well as PayPal account. From here you are free to “top up” your wallet as much as you wish! 

On Web Browser

• Sign in to the PlayStation store via PlayStation.com website
• Select Online ID
• Select Payment Management
• Add funds

Then you can select a payment type & top up your wallet. You can also set spending limits and further parental controls in these settings, it is important to always ensure your child is safe online.

With PlayStation Store Cards

• Click on the store
• Then select “Redeem Codes”
• Enter your 12 digit code displayed on your store card
• Click redeem

Then the funds from the card will automatically be transferred to your wallet and you can dispose of the card. You may wish to keep hold of it until the balance is used to be safe.

What’s The Difference Between A Child And A Parental Account?

One of the many features of the console is the ability to set parental controls for anyone under the age of 18 with an account on your registered console.

You can limit or totally prevent your child’s account from communicating with other players via several means such as chat messages, videos, and images.

You can tailor any content they may see by entering their date of birth, this means based on their age & maturity they will only see appropriate experiences catered to them.

You can also set the all-important spending limits via your parental account to make sure they don’t spend more than you say each month.

As well as disabling the ability to create a new user and add the option to require a password whenever a purchase is being made to avoid any unexpected bills!

How Do I Set Spending Limits On My Child’s PS4?

It’s easy to set up spending limits or blocks from your parental account. This will then affect your child’s accounts in your PSN family.  Here’s how to do so:

• Go into Settings
• Select Parental Controls/ Family Management

From here you will be able to select the individual child account you want to make the changes to and customize all features and restrictions you wish to remove or put in place.

This is really handy as you can alter it at any time which comes in handy for Birthdays or Christmas.

Other Options

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If you didn’t want to add payment options, there are other methods to add funds to a child’s account on the PlayStation 4.

You can buy prepaid PlayStation cards, these are available in most superstores and gas stations and are a really simple method if you only wanted to add occasional funds and not a regular spending amount.

You simply enter the code on the back of the card and the funds will appear in their account. This stops any worry of your card details being linked to their console.

You can also purchase gift cards for PlayStation Now and PlayStation Plus. Playstation Now gives you hundreds of options for movies & games on demand that you can access across any PlayStation device and PC.

PlayStation Plus gives you exclusive members-only discounts and 100GB of extra cloud storage to use, as well as plenty of new free games to download every month. 

FAQs

Why is there no wallet in my PlayStation settings?

If there is no option of a wallet on your device, it is likely because your child has not put their correct age on their account.

This means the system recognizes them as an adult & doesn’t provide any security/ fund control options. This is also known as having a “master” account. 

How do I transfer money to another account on PS4?

Unfortunately, you cannot transfer money from one device to another, however, there is a way around it. If you create a “joint” account, then any purchases you make on one device will automatically be transferred to the other device too.

How do I sync my PS4 account?

Go onto your new PS4 system and go into settings. From there it’s as follows:

• System
• Transfer Data from Another PS4

Then, your device will begin to transfer your data to your new console. However it is important to note, any existing data on your new console will be deleted and written over by the new data being transferred across. 

If you are using your new PS4 system for the first time, the transfer data screen will appear automatically once you sign into the PlayStation Network. 

The Final Thought

We have covered several options here so you should be able to find a method to add funds to your PS4 wallet that works for you. It’s important to make sure you add spending limits to your child’s account as well as security measures to ensure their safety, and your bank balance!

Hi, I'm Emma and I'm a mother to 5 beautiful children aged from 1 to 21 years old- life is hectic! I have learned so much along the way, not only from my own children but also through my professional life. In my positions as a Childminder and Teaching Assistant, I have studied Child Development and The Early Years Developing Practice. I wish to share all of this knowledge and help you with your own parenting journey!