Oink enters agreement with Smilegate

Monday 11 August 2014 09:06 CET | News

Virtual Piggy, a payments technology company and the provider of youth payment technology Oink, has entered a partnership with Smilegate West, a subsidiary of Smilegate, Korean-based gaming company.

Oink will provide Smilegate players with a payment option when making purchases in its game library.

Smilegate is an online game company that has been around for a decade. They created an online FPS game, called CrossFire, with a number of game development projects of various genres, including FPS, MMORPG, sports and action, still in progress.

Oink is a payment technology designed to allow retailers and game publishers to reach under 21 consumers in a legal manner compliant with the FTC and other international regulations. The technology serves as a digital family wallet that is available online or via mobile and allows parentally controlled transactions.

Virtual Piggy is the provider of Oink, an ecommerce solution that enables children and teenagers to manage and spend money within parental controls. It enables parents to teach financial management through the use of a family wallet. The technology company delivers online security platforms designed for the “Under 21” age group in the global online market, and also enables online businesses to function in a manner consistent with the Children’s Online Privacy Protection Act (COPPA) and similar international childrens privacy laws.

In recent news, Virtual Piggy has partnered with payment solution provider Merchant e-Solutions.

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Keywords: Oink, Smilegate, Virtual Piggy, US, Korea, gaming, online payments
Categories: Payments & Commerce
Countries: World
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Payments & Commerce

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