VirtualPiggy To Provide Parent-Controlled And Approved On-line Access For Youth By means of In-Game Payment Answers Specialist, Xsolla
Los Angeles, CA (PRWEB) November 03, 2011
Virtual Piggy, Inc. (OTCBB: VPIG) these days announced that they have entered into an agreement to supply the VirtualPiggy service to the gaming community by way of Xsolla, which supplies in-game payment options throughout the world. This will supply the capability for any online or Pc-download game organizations partnered with Xsolla to transact with the international youth industry in a secure COPPA-compliant manner.
VirtualPiggy gives parents the engineering to enable their youngsters to safely make on the web purchases – without revealing their name or age. Mother and father can keep track of or approve purchases so they remain in manage even though assisting their youngster to discover about money the service is free of charge for mothers and fathers, they just produce a VirtualPiggy account.
Albert Donahue, Vice President and Co-Founder of Xsolla stated:
The gaming industry continues to target youth for their love of interactive entertainment- operating with VirtualPiggy will support mother and father hunting to educate their young children fiscal responsibility and will help our gaming partners to have the opportunity to assist mother and father retain control and make sure that their children enjoy their games safely.
We realize that mother and father decide how funds will be spent with regard to games by having parents’ trust, it will boost payment conversion prices and decrease chargebacks. It really is a win-win situation for every person concerned in the method.
VirtualPiggy will be integrated into the Xsolla in-game monetization framework and will be obtainable to all of Xsolla’s partners serving the international youth marketplace.
Xsolla operates with above 300 game publishers- a lot of of these publishers provide high good quality online video games for the U18 (under 18) audience, and we are delighted that Xsolla has selected VirtualPiggy to offer a parent-controlled e commerce remedy for their youth industry, stated Dr. Jo Webber, Chairman of VirtualPiggy.
About Xsolla:
Xsolla specializes in on the web video games, offering localized in-game payment answers for worldwide attain. Xsolla has been providing payment remedies with effortless integration and large payment conversion rates for above six years. Xsolla’s headquarters are in Los Angeles, California, with offices in Russia, Ukraine, Belarus and Kazakhstan. Xsolla partners with more than 200 payment service providers providing credit and prepaid cards, mobile payments, e-wallets, money and e-cash, payment kiosks and gives- all within one particular platform- with no installation, currency exchange or chargeback costs. Xsolla partners with far more than 300 game publishers throughout the world, like a lot of of the leading casual and social game firms this kind of as Valve Corporation (Steam), Aeria Games, S2 Games, Gameforge, Bigpoint, Wargaming, InnoGames, Travian Video games and far more. For far more info or a totally free proposal, please go to Xsolla online at http://www.xsolla.com.
Social Media:
Stick to Xsolla On Twitter: @xsolla http://www.twitter.com/xsolla
Facebook: http://www.facebook.com/pages/Xsolla/145288672229356?sk=wall
Linked In: http://www.linkedin.com/company/2pay-inc
Newsroom & Blog: http://www.newsroom.xsolla.com
About Virtual Piggy:
Virtual Piggy, Inc. delivers a engineering platform intended for the management of the Below 18 age group in the global on the internet market. The Virtual Piggy technological innovation allows online companies to function in a manner constant with the Childrens On-line Privacy Protection Act (COPPA) and comparable international childrens privacy laws. Virtual Piggy technologies permits the Beneath 18 audience to play, transact and socialize in a safe on the internet surroundings guided by parental permission, oversight and management. For a lot more data about Virtual Piggy, please pay a visit to the Companys site at: http://www.virtualpiggy.com.
Protected Harbor Statement
All statements in this news release other than statements of historical details are forward-seeking statements within the meaning of the secure harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on our present expectations and speak only as of the date hereof. Despite the fact that we believe that the expectations reflected in our forward-seeking statements are realistic, we can give no assurance that this kind of expectations will prove to be proper. This kind of statements are not guarantees of long term overall performance or occasions and are topic to known and unknown risks and uncertainties that could lead to our actual benefits, events or fiscal position to differ materially and adversely from these expressed in this kind of forward-hunting statements. Such variables incorporate, but are not restricted to, our potential to raise added capital, the absence of any operating history or revenue, our potential to attract and retain qualified personnel, our dependence on third party developers who we can not management, our capacity to develop and introduce a new service to the market, marketplace acceptance of our solutions, legislative, regulatory and competitive developments addressing licensing and enforcement of patents and/or intellectual home, general financial ailments, and other elements disclosed in our annual report on Type ten-K for the year ended December 31, 2010 and other filings with the SEC. We undertake no obligation to revise or update any forward-hunting statements for any explanation.
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