Yes, that is what one credit card company is planning to offer. They will be offering The Tune Card which is a debit card for children to use. It is only offered for children aged 12 to 18 years old. The company announced that the Tune Card is a debit card that gives instant online approval with no credit check and allows for cash withdrawals at ATMs worldwide. Now that is something that most adults would hope to have too if the money is not theirs.
I believe with the introduction of this card, many merchants would have to Setup Credit Card Processing system in their business. Of course many would opt for Visa & Mastercard Payment Solutions as these two are the major card companies. The time will come when even small and medium size businesses would have the facility to Process Visa Cards as society moves towards a cashless society.