With the new subscription model, Virtual Piggy supports users who want to pay subscription fees on a regular basis (usually monthly). Parents can even set the monthly payments to come out of their kids’ online allowance.
Fanlala, an online pop culture destination for tweens and teens, will be one of the first companies to implement Virtual Piggy’s subscription model. Users will be able to pay for subscription music and gaming services through Virtual Piggy’s online payment platform.
To learn more about Virutal Piggy, watch its FinovateSpring 2012 demo.