Virtual Piggy, a provider of payment technology Oink, has announced the Neon release of its iOS app with added money transfer functionality using P2P technology.
Oink is a COPPA-compliant payment technology that allows children to make purchases online or in-store while keeping parents in control of all aspects of spending.
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The company claims that the Neon release will provide parents enhanced visibility as to who their children have invited to fund their accounts, they can manage individual funders, and will be able put a hold on child spending at any time.
The new notifications engine will delivers important information to the consumer on all Apple devices, including the Apple Watch.
Virtual Piggy CEO and founder Jo Webber: "The Neon release of our app presents a number of exciting new features including Touch ID authentication and an enhanced notifications engine.
"By adhering to U.S. COPPA laws we are delivering the appropriate controls and safeguards to allow Oink money transfers to be used by all members of the family."
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