Optimal Payments Plc (LSE: OPAY) and Oink (OTCBB: VPIG) said they have partnered to offer merchants using the NETBANX payment gateway an additional payment method for teens and their families to pay and manage their money online, securely and easily.
Oink helps kids and teens manage their money online and on mobile devices, under parental guidance and control. It allows ecommerce merchants to reach consumers under 21, in a secure, legal and effective manner while remaining compliant with FTC and COPPA regulations.
Virtual Piggy is the provider of Oink, the first e-commerce solution that enables kids and teens to manage and spend money within parental controls. Its website is at www.oink.com.
Optimal Payments is a global provider of online payment solutions. Its website is at www.optimalpayments.com.