LOS ANGELES--(BUSINESS WIRE)--Virtual Piggy, Inc. (OTCBB: VPIG), an innovator in safe youth payments, today announced that it will provide its youth-friendly payment system to Marvelous USA, Inc.
Marvelous USA, Inc. is the US-based publishing operation of MarvelousAQL Inc. (7844:JP). Its two divisions, XSEED Games and Marvelous Online, release games that are available on the Xbox 360® games and entertainment system from Microsoft, PlayStation®3 computer entertainment system, PlayStation®Vita, Nintendo 3DS™ hand-held system, Wii™ and mobile platforms among others. Marvelous USA’s titles include Ninja Warrior, Cross Horizon, Shin Megami Tensei Imagine and Pandora Saga.
Virtual Piggy promotes financial management while empowering youth under 18 to make purchasing, saving and other money management decisions for themselves, within the boundaries setup by parents. The technology serves as a family wallet that is available online or via mobile, and is always 100% free to use.
“This partnership with Virtual Piggy will allow us to directly access the youth market in a safe manner,” said Shinichi Suzuki, President & CEO at Marvelous USA, Inc. “This opens up many opportunities, ranging from console and PC game purchases to in-app mobile and social micro-transactions. Best of all, Virtual Piggy will keep our purchases COPPA compliant.”
“Our payment solution is especially helpful for video game companies who encounter the issue of younger customers who want to make purchases or micro-transactions,” said Dr. Jo Webber, Founder and CEO at Virtual Piggy. “We’re very excited to provide this option to Marvelous USA, and their wide range of games across many different platforms.”
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
About Marvelous USA, Inc.
Marvelous USA Inc. is the US-based publishing operation of MarvelousAQL Inc., overseeing its two North American divisions. XSEED Games, its brand and division for unique and innovative console, PC, and handheld games, has been in operation since 2004. Marvelous Online, the company’s brand dedicated to mobile and social games, is an expansion of XSEED’s mobile team thanks to acquisitions by Marvelous USA. Marvelous USA is a 100% wholly-owned subsidiary of Tokyo-based MarvelousAQL Inc., a publicly-traded company listed on the Tokyo Stock Exchange. More information on Marvelous USA can be found at www.marvelous-usa.com, and XSEED Games can be found at www.xseedgames.com.
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