Payvision Partners with Virtual Piggy

Offering Secure Family-Friendly Solutions to Safeguard Kids’ e-Commerce Spending

AMSTERDAM, NETHERLANDS–(Marketwire/AsiaNet Pakistan/ – August 15, 2012) – Payvision, independent Payment Solutions Provider specialized in Global Card Processing for the e-Commerce market, is glad to announce its partnership with Virtual Piggy, a highly innovative, California-based technology company which provides parents with Payment Services to safeguard and manage their kids’ online spending.

Rudolf Booker, CEO of Payvision: “As e-commerce booms, children increasingly shop online on websites which offer Gaming, Toys, Action Sports, Consumer Electronics and Youth Entertainment. As a Global Card Processor, we are enthused to provide Virtual Piggy with an international Acquiring Network which enables Virtual Piggy to expand its global footprint, offering parents worldwide their innovative family-friendly e-commerce solution; a solution which enables kids to manage and spend money within a parent-controlled secure environment in full compliance with the Child Online Privacy Protection Act (COPPA).”

“As Virtual Piggy expands internationally, and as the mobile payment market continues to grow it is important for us to work with secure, integrated payment solutions that have the ability to handle the mobile market and have a global reach,” says Dr. Jo Webber, CEO and Founder of Virtual Piggy. “For us Payvision meets both criteria with their innovative technology and extensive worldwide payment network.”

About Payvision

Payvision, an independent payment solutions provider, specialized in global card processing for the e-commerce market, offers Acquiring Banks, PSP/ISO and their Merchants a secure PCI-DSS Compliant, PSD Licensed international payment processing platform, enhanced with innovative technology. Payvision provides its customers 24/7 Support, 150+ transaction currencies and regional card settlement currencies, a high-end reporting interface and a solid risk management solution.

Founded in 2002 Payvision is headquartered in Amsterdam and has expanded its global services in over 40 countries with offices in New York, Utah, Madrid, Paris, Singapore, Hong Kong and Macau. Please visit www.payvision.com for more information.

About Virtual Piggy, Inc.

Virtual Piggy, Inc. is the first e-commerce solution that enables kids to manage and spend money within a parent-controlled environment. 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. Virtual Piggy enables the Under 18 audience to play, transact and socialize in a secure online environment guided by parental permission, oversight and control. The company is based in Philadelphia, PA and on the Web at: www.virtualpiggy.com.

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