REGO Payment Architectures, Inc. Announces Launch Customer to Deliver its COPPA Compliant Digital Wallet
January 21, 2020 at 11:30 am
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REGO Payment Architectures, Inc. announced it will be working with Blue Diamond Media to provide its anchor product, REGO Digital Wallet, to Blue Diamond Media’s network of customers. REGO Digital Wallet is a secure mobile banking solution for the whole family. It allows children to shop from parent-approved retailers online or in-store, as well as deliver peer-to-peer payments while keeping their identities safe. REGO is compliant with the Children’s Online Privacy Protection Act (COPPA), the California Consumer Privacy Act (CCPA), and the EU’s General Data Protection Regulation (GDPR). The REGO platform is a singular offering due to its certified compliance and focus on the whole family’s digital safety. It also has patented attribution and identity management methods, patented real-time access and data control, and independent verification, validation, and auditing techniques, among other core capabilities.
REGO Payment Architectures, Inc. is a provider of consumer software that delivers a mobile payment platform, Mazoola, which is a family focused mobile banking solution. The Company offers an all-digital financial payments platform to enable minors, particularly under 13 years old, to transact, complete chores and learn in a secure online environment guided by parental permission, oversight, and control. Its platform can be easily duplicated/commoditized, such as the app skin, Application programming interface (APIs) to retailers, APIs to financial infrastructure, and cloud storage. The Mazoola app and associated digital wallet technology is designed to enable partners to engage families with Gen Z and Gen Alpha youths through a money management, transactional and financial literacy platform that enables young people to make smart decisions. It is also analyzing specific components of technology for individual monetization as well as exploring opportunities in the B2B realm.