Virtual Hotel accommodates virtual wallet

LOS ANGELES: Virtual Piggy, Inc. a player in safe youth payments, announced that it has successfully integrated into Sulake's Habbo Hotel. Habbo Hotel is a social game and online community for teenagers, with over 290 million registered characters to date in 150 countries. It is shared that 90 per cent of Habbo users are between 13-18 years old.

As explained further: It is a richly colorful, multi-dimensional virtual community and social game to which users join by creating a fully customized online character called a Habbo. Habbo Hotel has over 10 million unique visitors per month making it one of the largest online teen communities in the world.

Virtual Piggy says it promotes financial management while empowering youth under 18 to make purchasing, saving and other money management decisions for themselves, within the boundaries setup by parents. Virtual Piggy is a family wallet, available online or via mobile, and is always 100 per cent free to use, as claimed.

"Given Habbo Hotel's massive membership of teens, Virtual Piggy is a perfect compliment to our rich set of payment methods," said Giorgo Paizanis, VP Monetisation at Sulake . "With this frictionless payment option in place, our younger teenage members will be able to safely transact while staying within limits set by their parents."

"When we started Virtual Piggy we knew that a major friction point for payments was in the online gaming space," said Dr. Jo Webber, CEO and Founder of Virtual Piggy. "We are very excited that the world's largest online game for teenagers has deployed the Virtual Piggy service. Virtual Piggy provides Habbo Hotel with a parent-approved transaction mechanism for their users and will help age gate the community to ensure players are over 13."