Virtual Piggy, a payments provider for teens, has added another partner to its playpen.
The Hermosa Beach company said it will integrate its Oink payment platform into Playerize’s gaming network. Playerize, which has offices in Vancouver and San Francisco, offers services to 49,000 publishers and studios that help get users signed up and engaged for their social and mobile games.
Oink is a credit card-free payment service for teens. It manages parent-approved online purchases made at partnered sites and companies. Virtual Piggy pockets a fee off each transaction.
"This partnership with Playerize is an excellent opportunity to offer Oink as a payment method to millions of gamers online everyday," said Jo Webber, Oink’s founder and chief executive, in a statement. "Their global reach will allow Oink to rapidly scale both our domestic and international gaming presence.
Virtual Piggy stock rose 4 cents, or four-tenths a percent, to close at 52 cents a share at the end of trading Monday on the OTC Bulletin Board.