To provide quick, secure signup and login to its customers, Virtual Piggy Inc. has integrated its online payment system with PayPal.

Virtual Piggy promotes kid and teen financial management by allowing them to make purchases, using a parent-controlled online account. The company, based in Hermosa Beach, Calif., allows parents to set up monthly allowances and control transactions through parental permissions.

“With over 117 million active accounts, PayPal is the premier global online payment provider," says Jo Webber, Virtual Piggy founder and CEO, in a Nov. 13 press release. “This partnership will allow anyone with a PayPal account to quickly and securely start using the Virtual Piggy service, and provide a safe online wallet for their family."

PayPal is a San Jose, Calif.-based unit of eBay Inc.

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