CORRECTING and REPLACING Virtual Piggy Partners with ClickandBuy to Increase Customer Signups, Conve

Before you go, we thought you'd like these...
Before you go close icon

CORRECTING and REPLACINGVirtual Piggy Partners with ClickandBuy to Increase Customer Signups, Conversions, and Sales

ClickandBuy partnership allows Virtual Piggy to market their payment system to over 16,000 online registered shops


LOS ANGELES--(BUSINESS WIRE)-- Please replace the release with the following corrected version due to multiple revisions.

The corrected release reads:

VIRTUAL PIGGY PARTNERS WITH CLICKANDBUY TO INCREASE CUSTOMER SIGNUPS, CONVERSIONS, AND SALES

ClickandBuy partnership allows Virtual Piggy to market their payment system to over 16,000 online registered shops

Virtual Piggy, Inc. (OTCBB: VPIG), an innovator in safe youth payments, today announced that it has entered into a Joint Marketing Agreement with ClickandBuy, one of the leading payment systems on the internet.

Virtual Piggy allows parents to set up a monthly allowance for their children and promotes financial management and education while empowering Under 18's to make purchasing, saving and other money management decisions for themselves, within the boundaries setup by parents.

ClickandBuy is one of the leading online payment systems which was originally established in 1999 in Cologne, Germany. As a fully owned subsidiary of Deutsche Telekom AG they represent the online-payment strategy for Europe's largest telecommunications company. ClickandBuy is an approved Electronic Money Institution with their head offices in London, where they are subject to the regulations of the Financial Conduct Authority (FCA).

Over the course of many years, ClickandBuy have consistently expanded their services as an e-Money institution and today they offer over 50 local and international payment methods and billing in over 120 currencies worldwide. Over 14 million customers are already using ClickandBuy to pay at over 16,000 registered online shops including some of the leading worldwide companies.

"Virtual Piggy, in partnership with ClickandBuy, will now enable the parents of so many Under 18's to open the internet to their children to make their own purchases. Therefore, the commercial benefits that this opportunity brings to both parties are very obvious," said Paul Marcantonio, Director at ClickandBuy. "Under 18's will now be able to go online and make purchases themselves within a safe and parent controlled environment using the secure ClickandBuy solution."

"With over 14 million active accounts, ClickandBuy is an important partner for us as we continue to expand internationally," said Joe Peden, General Manager, EMEA at Virtual Piggy. "This partnership will allow anyone with a ClickandBuy account to create a safe online wallet for the entire family by adding Virtual Piggy accounts for their children."

For information about Virtual Piggy visit www.VirtualPiggy.com

About Virtual Piggy, Inc.

Virtual Piggy, Inc. 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 always 100% free to use. The technology company delivers online security platforms designed for the Under 18 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.



UK:
Virtual Piggy, Inc.
Suzanne Noble, +44 7957 371840
snoble@virtualpiggy.com
or
US:
Public Relations
Sarah Hall Productions
Jenna Guarneri, 212-529-1598
Jenna@SHPNY.com
or
Investor Relations
HaydenIR
Peter Seltzberg, 646-415-8972

KEYWORDS:   United Kingdom  United States  Europe  North America  California  Ireland

INDUSTRY KEYWORDS:

The article CORRECTING and REPLACING Virtual Piggy Partners with ClickandBuy to Increase Customer Signups, Conversions, and Sales originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners