Since your child’s privacy matters
The Children’s Online Privateness Safety Act (“COPPA”) and the General Information Protection Regulation (“GDPR”) compliance push entire world-class privacy and consent policy capabilities
BLUE BELL, Pa., Aug. 02, 2021 (World NEWSWIRE) — REGO Payment Architectures, Inc. (“REGO”) (OTCQB:RPMT) these days introduced its MazoolaSM tremendous app will be highlighted on the award successful tv clearly show, NewsWatch, airing on AMC Network on Friday, August 27, 2021. The system will emphasize MazoolaSM version 3. completion and overview the distinguishing functions that allow small children to totally participate in the digital financial state in a secure and shielded way. On the upcoming phase, NewsWatch will also focus on the digital-wallet provider’s special offering proposition to Gen Z Little ones and Teens, numerous of whom have started to immerse themselves in commerce without the need of realizing the decline of privateness and damaging effects of electronic advertising.
Rego’s technological know-how is safeguarded by a few patents: (Technique and Strategy for Digital Piggy Lender, Process and Approach for Verifying the Age of an World-wide-web User, and Virtual Piggybank Getting Rapid Connect). This permits MazoolaSM to provide its COPPA and GDPR compliant service.
With MazoolaSM, small children acquire merchandise on-line and in-shop, as properly as perform peer-to-peer transfers. Little ones keep a electronic wallet with income, financial savings and accounts to create economical literacy in an ever more contactless economy. On August 9th, a new and significantly improved model of MazoolaSM will be readily available. “Aside from acquiring a major facelift, we are introducing many new functions these types of as improved parental controls for choosing how and where by your young ones can expend their revenue,” reported Steven Kravit, Head of Products. “We are also introducing an uncomplicated way to present accessibility to their debit card for searching on the net and a streamlined system for kids to include their digital debit card to ApplePay and GooglePay wallets.” Additional options incorporate the capacity to donate to church buildings, congregations & charities and an increased reward program and expanded parental and guardian controls for one & divorced parents.
Dan Aptor, Head of Approach explained: “Our price proposition is second to none our system is Driven by Privateness. As the only licensed COPPA and GDPR compliant tremendous application, we give all the capabilities of a cellular wallet and cash application young ones want, without compromising on the safety and protection mother and father are entitled to.” As cell commerce carries on to improve and the 70M+ Gen Z teens and tweens continue on to enter the electronic overall economy, privacy will inevitably consider heart phase. Rego is pleased to reveal the capabilities of MazoolaSM on NewsWatch and AMC Networks to proceed to teach moms and dads and guardians and create awareness all over the subject.
Risk-free Harbor Statement
The information in this press launch may well include ahead-on the lookout statements on our present-day expectations and projections about long term situations. These forward-seeking statements are not assures and are subject to regarded and unfamiliar pitfalls, uncertainties, and assumptions about us that may bring about our actual final results, ranges of action, efficiency, or achievements to be materially distinct from any long run success, concentrations of action, functionality, or achievements expressed or implied by these kinds of forward-seeking statements. Critical elements that could lead to genuine effects to differ materially from our expectations involve, but are not constrained to: our means to increase more cash, the absence of any material working record or earnings, our ability to draw in and retain experienced staff, our ability to develop and introduce a new company and products to the industry in a timely fashion, industry acceptance of our products and services and solutions, our restricted encounter in the market, the skill to correctly develop licensing packages and crank out enterprise, immediate technological change in appropriate marketplaces, unexpected network interruptions or protection breaches, improvements in need for existing and future intellectual residence rights, legislative, regulatory and competitive developments, rigorous competition with more substantial providers, general financial conditions, and other threats as described by us in Product 1.A “Risk Factors” in our most latest Type 10-K other risks to which our Corporation is matter other factors over and above the Company’s regulate.
All subsequent composed and oral ahead-looking statements attributable to us, or persons acting on our behalf, are expressly capable in their entirety by the foregoing. The Firm has no obligation to and does not undertake to update, revise, or correct any of these forward-searching statements just after the day of this report.
About REGO Payment Architectures, Inc.
REGO is a digital resolution that permits small children to keep risk-free in today’s tech-initial natural environment. The REGO Electronic Wallet system, MazoolaSM, permits mothers and fathers and guardians to enable on the internet shopping or digital spending at accepted shops, manage what funds are offered for which purchases, and reward young children or fork out allowance by means of the application. REGO is an progressive economical platform uniquely positioned due to its Children’s On-line Privacy Defense Act (COPPA) and Normal Facts Safety Regulation (GDPR) compliance. Pay a visit to us at regopayments.com.
Media Speak to:
REGO Payment Architectures, Inc.
325 Sentry Parkway, Suite 200
Blue Bell, PA 19422