Finovate Spring 2013: Virtual Piggy Is A Safe Payments System For Your Kids To Spend Their Allowance [Video Interview]

The money parents give their children in allowances is a huge sum annually, but for kids to use that money to spend it online is a problem because of privacy and lack of payment options.

Virtual Piggy was created by Jo Webber to solve this and provides a solution that is COPPA compliant (Children’s Online Privacy Protection Act) thus a solution for parents, children, and merchants alike.

In this interview Jo explains the services and demo’s the app that kids and teenagers use:

Author: Donald McIntyre

Editor of Naation: Communicating to the world the advantages of financial technology, Bitcoin, Ethereum, sidechains, and blockchain in general. Founder of Etherplan: The global wealth management network. Co-founder and advisor of Global Financial Access: Helping people everywhere access assets issued anywhere in the world. Previously, was founder of McIntyre S.A., Dineronet, and Senior Vice President at Morgan Stanley and Vice President at UBS Securities.