NETBANX ecommerce merchants can now offer Oink as an alternative method of payment
LONDON, MONTREAL and NEW YORK (July 10, 2014) -- Optimal Payments Plc (LSE AIM: OPAY), a leading global online payment solutions provider, and Oink
(OTCQB: VPIG), the award-winning payment technology for families and
teens, 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 is the only payment technology that 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.
“Partnering with Oink and integrating its services into our NETBANX
payment gateway is an exciting addition to the diverse set of
alternative payment services we offer our clients,” said Danny
Chazonoff, chief operating officer, Optimal Payments. “We are pleased to
offer merchants across the globe, the ability to safely access new
customer channels and increase revenue opportunities within the under 21
market, while also helping Oink to expand its reach internationally.”
“With over two decades of ecommerce experience, cutting-edge
technology, acquirer relationships with Visa and MasterCard in Europe,
and global technology partners Optimal Payments is truly a leading
online payment solutions provider,” said Dr. Jo Webber, CEO &
founder, Oink. “We are excited to be partnering with the online payments
expert in order to offer our award-winning payment technology for
families and teens to merchants around the world.”
About Virtual Piggy Inc.
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. It enables parents to teach financial management through the
use of a secure family wallet. The technology company delivers online
security platforms designed for the Under 21 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. The company is based in Hermosa Beach, CA and on the Web at: www.virtualpiggy.com. For information about Oink visit www.oink.com.
About Optimal Payments Plc
Optimal Payments is a global provider of online payment solutions,
trusted by businesses and consumers in over 200 countries and
territories to move and manage billions of dollars each year. Merchants
use the NETBANX® platform and services to simplify how they accept
credit and debit card, direct-from-bank, and alternative and local
payments; and the NETELLER® service to increase revenues and capture new
customers. Consumers use the multilingual and multicurrency NETELLER
and Net+® Card stored-value offering to make secure and convenient
payments. Optimal Payments Plc is quoted on the London Stock Exchange’s
AIM, with a ticker symbol of OPAY. Subsidiary company Optimal Payments
Ltd is authorised and regulated as an e-money issuer by the UK’s
Financial Conduct Authority (FRN: 900015).
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