Virtual Piggy Partners with Payvision

Virtual Piggy, Inc. (OTCBB: VPIG), an innovator in safe-online youth purchasing, today announced that it has entered into a Strategic Partnership with Payvision to expand the Virtual Piggy e-commerce service to the global marketplace.

Virtual Piggy since its inception has been designed to support transactions in over 100 different currencies. Virtual Piggy is currently integrated with leading payment gateways such as Authorize.net (with more than 300,000 merchants worldwide) and Chase Paymentech who process almost 50% of all online payment transactions worldwide. This agreement adds Payvision to that group and gives Virtual Piggy greater ability to expand in the international marketplace.

Rudolf Booker, CEO of Payvision: "As e-commerce booms, children increasingly shop online on websites which offer Gaming, Toys, Action Sports, Consumer Electronics and Youth Entertainment. As a Global Card Processor, we are enthused to provide Virtual Piggy with an international Acquiring Network which enables Virtual Piggy to expand its global footprint, offering parents worldwide their innovative family-friendly e-commerce solution; a solution which enables kids to manage and spend money within a parent-controlled secure environment in full compliance with the Child Online Privacy Protection Act (COPPA)."

Payvision’s experience in different international regions, has resulted in a global network of global acquiring banks, connecting over 300 trusted business partners with more than 5000 web merchants worldwide, for which they process over 100 million transactions a year.

"As Virtual Piggy expands internationally, and as the mobile payment market continues to grow it is important for us to work with secure, integrated payment solutions that have the ability to handle the mobile market and have a global reach," says Dr. Jo Webber, CEO and Founder of Virtual Piggy. "For us Payvision meets both criteria with their innovative technology and extensive worldwide payment network."

About Virtual Piggy, Inc.

Virtual Piggy, Inc. is the first e-commerce solution that enables kids to manage and spend money within a parent-controlled environment. The technology company delivers online security platforms designed for the Under 21 age group in the global online market, and also enables online businesses the ability to function in a manner consistent with the Children’s Online Privacy Protection Act (“COPPA”) and similar international children’s privacy laws. Virtual Piggy enables the Under 21 audience to play, transact and socialize in a secure online environment guided by parental permission, oversight and control. The company is based in Hermosa Beach, CA and on the Web at: www.virtualpiggy.com

About Payvision

Payvision, an independent payment solutions provider, specialized in global card processing for the e-commerce market, offers Acquiring Banks, PSP/ISO and their Merchants a secure PCI-DSS Compliant, PSD Licensed international payment processing platform, enhanced with innovative technology. Payvision provides its customers 24/7 Support, 150+ transaction currencies and regional card settlement currencies, a high-end reporting interface and a solid risk management solution.

Founded in 2002 Payvision is headquartered in Amsterdam and has expanded its global services in over 40 countries with offices in New York, Utah, Madrid, Paris, Singapore, Hong Kong and Macau. Please visit www.payvision.com for more information.

Safe Harbor Statement

All statements in this news release other than statements of historical facts are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Although we believe that the expectations reflected in our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Such statements are not guarantees of future performance or events and are subject to known and unknown risks and uncertainties that could cause our actual results, events or financial position to differ materially and adversely from those expressed in such forward-looking statements. Such factors include, but are not limited to, our ability to raise additional capital, the absence of any operating history or revenue, our ability to attract and retain qualified personnel, our dependence on third party developers who we can not control, our ability to develop and introduce a new service to the market, market acceptance of our services, legislative, regulatory and competitive developments addressing licensing and enforcement of patents and/or intellectual property, general economic conditions, as well as other factors set forth under the caption "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2011 filed with the Securities and Exchange Commission, and other filings with the Securities and Exchange commission and other public documents and press releases.