Youth payment company Virtual Piggy is bolstering its international expansion plans via a joint marketing agreement with ClickandBuy, a global provider of online payment systems.
ClickandBuy provides more than 50 local and international payment methods and billing on more than 120 currencies. More than 14 million consumers use ClickandBuy to make payments at about 16,000 online stores, including the Apple iTunes, T-Online, and King.com.
"ClickandBuy is an important partner for us as we continue to expand internationally," said Joe Peden, general manager for the EMEA region at Virtual Piggy, in a release. "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."
Virtual Piggy offers free Web and mobile applications that allow teens to manage budgets and make payments within controls set by their parents. The company also recently partnered with educational gaming company JumpStart.
"Our partnership will enable the under 18's to be able to go online and to make purchases themselves using the safe and secure ClickandBuy solution and also in a parent controlled manner," said Paul Marcantonio, sales director at ClickandBuy, in a release.