Virtual Piggy, which offers a payment system for teens, is integrating with Payelp Global's e-commerce platform to offer its services to Payelp's network of online merchants.
Companies such as video game developers, Riot Games and Valve; PayPal; and Apple's iTunes use Payelp Global.
"In my opinion, Virtual Piggy is the most effective way to monetize online games within the teen and tween market and generate increased engagement within that age group," says Albert Donahue, CEO of Payelp Global, in a Nov. 14 press release. "More importantly, Virtual Piggy allows younger gamers to play and transact online in a safe and secure manner while keeping the parents in control."
Payelp Global's payment service is available in 74 countries on 300 payment gateways. It processes more than 446,000 transactions per minute, the company says.
"Payelp Global is an excellent partner that will drastically increase the global reach of our technology," says Jo Webber, founder and CEO of Virtual Piggy, in the release. "As we continue our international expansion, we're very excited about the ease of integration we'll be able to offer within the 74 countries Payelp serves and continue keeping the younger gaming market safe as they play and transact online."
In May, Virtual Piggy added merchants in the U.K., including Toy Galaxy and Toadstool companies.