Oink Safe Youth Payments Partners with KUBOO
Online virtual world for kids to feature award-winning youth payment technology
Oink December 18, 2013 8:00 AM
LOS ANGELES–(BUSINESS WIRE)–
Virtual Piggy, Inc. (VPIG), provider of safe youth payments technology, Oink, today announced that it has partnered with KUBOO Inc, DBA Safe Communications, Inc., (SGTB), a provider of safe kid’s online products. The parties have agreed to joint marketing efforts that will reach millions of kids and teens.
Oink is 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. Oink’s award-winning technology also enables kids and teens to manage – within parental controls – their allowances online, shop safely, and track budgets, thereby providing a “real world” experience to enhance their financial management skills. Oink is available online or via mobile, and is 100% free to use.
KUBOO has recently launched its kid safe virtual world utilizing advanced 3D technology and is the first to incorporate all three of the transmedia pillars – play, chat and watch. Parents manage their kids accounts and approve all contacts. All content is carefully filtered for inappropriate language.
“We are delighted to partner with Virtual Piggy,” said John Venners, CEO of KUBOO, Inc. “Our mutual leadership role, and services, in the kid’s market complement each other. Joining hands greatly expands our reach and offers parents the opportunity for a one stop shop.”
“Online gaming is a very popular space for our Oink payment option, and we’re really excited to team with KUBOO and its new unique virtual world,” said Dr. Jo Webber, CEO and Founder of Oink. “Their online world for kids is extremely compatible with our safe youth payments technology.”
Visit www.oink.com for more information.
About Virtual Piggy, Inc.
Oink is the first e-commerce solution that enables kids to manage and spend money within parental controls. It enables parents to teach financial management through the use of a secure family wallet that is available online or via mobile and is 100% free to use. The technology company delivers online security platforms designed for the Under 21 age group in the global online market, and also enables online businesses the ability to function in a manner consistent with the Children’s Online Privacy Protection Act (“COPPA”) and similar international children’s privacy laws. The company is based in Hermosa Beach, CA and on the Web at: www.virtualpiggy.com
Safe Harbor Statement
All statements herein other than statements of historical facts are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Such statements are not guarantees of future performance and are subject to known and unknown risks and uncertainties that could cause our actual results to differ materially from those expressed or implied in such forward-looking statements. Such factors include, but are not limited to, our ability to raise additional capital, our limited operating history and revenue, our ability to attract and retain qualified personnel, our dependence on third party developers, our ability to develop new services, market acceptance of our services, legislative, regulatory and competitive developments, enforcement of our intellectual property, general economic conditions, as well as other factors set forth under the caption “Risk Factors” in our Forms 10-K filed with the SEC, and other filings with the SEC.
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