Moggle is a technology company delivering online solutions for the interaction of children under the age of 18 on the Internet, with a focus on security, parental control and information exchange. Virtual Piggy is the first of our offerings. We have additional complementary offerings planned for release in 2011 and 2012.
Press ReleasesTom Keefer, Licensing and Youth Market Industry Veteran to Lead Global Sales Strategy at Moggle Inc.
June 07, 2011
Nvinium Games Features Moggle's Virtual Piggy Technology for its Social Entertainment Game Network
May 31, 2011
The Camden Riversharks Adopt Moggle Inc.'s Virtual Piggy Technology for their E-Commerce Fan Site
May 26, 2011
Co-Founder of MySpace Parent Company to Lead Moggle's Advisory Board
May 5, 2011
VirtualPiggy achieves Excellent Performance in Load Testing
April 11, 2011
Financial Services Industry Expert Joins Moggle Team
March 22, 2011
Moggle Inc. Receives the TRUSTe Privacy Seal and COPPA Certification
March 2, 2011
Moggle to Demonstrate Virtual Piggy at GDC
February 24, 2011
The Philly Pizza Pub Selects Virtual Piggy from Moggle, Inc. for Online and Mobile Payments
February 14, 2011
Moggle, Inc. Engages Donner & Reuschel as the Company's Designated Sponsor in Germany
February 1, 2011
Moggle, Inc. to Present at Engage Conference in NYC, Feb 15th 2011
January 12, 2011
Moggle Launches Virtual Piggy Technology Designed to Create Secure Solution for Youth on the Internet
January 11, 2011
Moggle, Inc. Appoints Catherine Williams as Vice President of Sales & Marketing
December 6, 2010
Moggle, Inc. Raises $2 Million in Equity Financing
November 26, 2010
Moggle's Virtual Piggy Receives Certification from Chase Paymentech
November 2, 2010
Children today are growing up in a world where they have never not known the Internet. They expect to be able to play games, get information, interact with friends, and buy things online - much in the same way that their parents may have spent pocket money at the corner store or vending machine at the local pizza shop. But the cash-based structure that we adults think of with pocket money does not work in an online world, and our children no longer want to buy items solely from the corner store.
Children under 18 are playing and interacting on the Internet and they often want the capability to make purchases online. In 2009 an estimated $26 Billion was spent online by this age group. This presents an opportunity for a well-organized introduction to money management for children. To date, the tools have not been easily available to educate, control and manage the use of credit cards by children online. Often it has lead to children using their parent's credit cards for purchases that have not been approved by the parent. With access to a parent's credit card, a lot of attractive things to purchase, and little knowledge of financial consequences, children can quickly run up a considerable amount of unauthorized charges. It is estimated that approximately 20% of all online charges made by children are done so without their parent's knowledge or consent.
Virtual Piggy was developed to provide a tool to address these issues and is designed to provide a secure mechanism by which children can make purchases online in a manner that is approved, controlled and monitored by their parents. The parental control mechanism of Virtual Piggy allows merchants who supply merchandise through the Internet to children using Virtual Piggy to do so in a COPPA compliant manner. COPPA is the Children's Online Privacy Protection Act, a US federal law enforced by the Federal Trade Commission (FTC). It is designed to protect the privacy of children under the age of 13 on the Internet by limiting the amount and type of information websites can collect from children under the age of 13 without first obtaining parental consent.
Virtual Piggy also provides merchants with a tool to reduce the likelihood of "friendly fraud" resulting from unauthorized online purchases by children. In the US, this type of fraud costs retailers billions of dollars each year.
We at Moggle have tried to design Virtual Piggy to be easy and fun to use for both parents and children. Please let us know if you have any suggestions for improvements or extensions
Founded in 2008 and headquartered in Philadelphia, Pennsylvania, Moggle, Inc., is a technology company that delivers online security platforms. Moggle's overarching mission is to deliver solutions to meet the exponential growth of the youth market transacting in the global online market.
Moggle addresses these issues with its flagship product, Virtual PiggyTM. This permission-based online payment oversight system is designed specifically for the youth market transacting online. The product development of Virtual Piggy was guided by the principles and rules of COPPA (Children's Online Privacy Protection Act). COPPA is a U.S. Law and applies to online collection of personal information from children under the age of 13. Penalties are costly for website operators who do not comply with the COPPA-stipulated regulations.
The target markets and applications for Virtual Piggy are as wide and diverse as the interests of the children that it serves: online games, social networking sites, online retailers for clothing, jewelry, toys and books as well as food delivery companies.
With the introduction of Virtual Piggy and the development of additional products such as Parent Match, Parent Playback and Age Check, Moggle is well positioned to offer controls and security measures to protect merchants, parents and children.