Virtual Piggy, the provider of safe youth payments technology Oink, has teamed up with WorldPay US to increase its strategic 2014 merchant acquisition plans within the teen market.
The WorldPay payment processing platform is used for in-person credit and debit transactions, online and mobile payments. According to Oink, its relationship with WorldPay will bring the safe youth payments technology to the WorldPay merchant network and facilitate integrations into teen-focused retail websites and shops.
Oink touts itself as the only COPPA-compliant payment technology designed to allow retailers and game publishers to reach under 21 consumers in a safe, legal and effective manner. The technology serves as a family wallet that is available online or via mobile, and is 100% free to use.
“Integrating Oink into our payment processing offerings is a great addition to the current services that WorldPay offers,” said Tony Catalfano, president and CEO, WorldPay US. “We’re excited to work with Oink, bringing their COPPA-compliant solution to our clients worldwide and expanding their revenue opportunities within the teen market.”
“WorldPay is an excellent partner for Oink,” said Dr. Jo Webber, CEO and founder of Oink. “Their expertise with in-person, online and mobile payments fits our strategy perfectly, and we’re excited to reach their merchant base with our safe youth transactions solution.”