{"id":381421,"date":"2020-11-16T07:03:19","date_gmt":"2020-11-16T12:03:19","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=381421"},"modified":"2020-11-16T07:03:19","modified_gmt":"2020-11-16T12:03:19","slug":"rego-payment-architectures-inc-rolls-out-beta-phase-of-its-coppa-compliant-digital-wallet-app-mazoola","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rego-payment-architectures-inc-rolls-out-beta-phase-of-its-coppa-compliant-digital-wallet-app-mazoola\/","title":{"rendered":"REGO Payment Architectures, Inc. Rolls Out Beta Phase of its COPPA Compliant Digital Wallet App \u2013 \u201cMazoola\u2122\u201d"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">BLUE BELL, Pa., Nov.  16, 2020  (GLOBE NEWSWIRE) &#8212; Rego Payment Architectures, Inc. (\u201cREGO\u201d) (OTCQB:RPMT) today announced that it will be entering the Beta Phase of its COPPA (\u201cChild Online Privacy Protection Act\u201d) and GDPR (\u201cGeneral Data Protection Regulation\u201d) compliant Digital Wallet App \u2013 \u201cMazoola<sup>TM<\/sup>\u201d and onboarding users. The Alpha Phase, that the Company has completed, provided valuable information regarding the use of the app from the parent and child viewpoints. This knowledge has now been integrated into the app and REGO is ready to progress to the Beta Phase launch.<\/p>\n<p align=\"justify\">Through the Beta test, we will be evaluating the app in a realistic environment. This will focus efforts on previously unidentified design issues. This will enable Rego to commercially launch a product that meets the standards of quality, usability and performance of our customers. Once the Beta Phase is completed, REGO anticipates commercially launching its Mazoola<sup>TM<\/sup> App, on December 15, 2020.<\/p>\n<p align=\"justify\">REGO\u2019s Mazoola<sup>TM<\/sup> app is an unprecedented family-focused financial and COPPA and GDPR compliant solution. It allows children to shop from parent-approved retailers, deliver peer-to-peer payments, teaches financial literacy, all while keeping identities secure and safe. REGO 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.<\/p>\n<p align=\"justify\">Peter S. Pelullo, Chief Executive Officer, REGO said: \u201cOur team and our highly successful group of industry subcontractors have worked together and kept to our timetable initiated three months ago. Delivery of the first all digital COPPA and GDPR compliant payment platform that protects and teaches children financial responsibility has been challenging, but also has been a more than worthwhile endeavor to insure the safety of the 70 million plus 17 and under consumers.\u201d<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>Safe <\/u><br \/>\n        <\/strong><br \/>\n        <strong><br \/>\n          <u>Harbor Statement<\/u><br \/>\n        <\/strong><br \/>\n        <br \/>The information in this press release may contain forward-looking statements on our current expectations and projections about future events. These forward-looking statements are not guarantees and are subject to known and unknown risks, uncertainties, and assumptions about us that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ materially from our expectations include, but are not limited to: our ability to raise additional capital, the absence of any material operating history or revenue, our ability to attract and retain qualified personnel, our ability to develop and introduce a new service and products to the market in a timely manner, market acceptance of our services and products, our limited experience in the industry, the ability to successfully develop licensing programs and generate business, rapid technological change in relevant markets, unexpected network interruptions or security breaches, changes in demand for current and future intellectual property rights, legislative, regulatory and competitive developments, intense competition with larger companies, general economic conditions, and other risks as described by us in Item 1.A \u201cRisk Factors\u201d in our most recent Form 10-K; other risks to which our Company is subject; other factors beyond the Company\u2019s control.<\/p>\n<p align=\"justify\">All subsequent written and oral forward-looking statements attributable to us, or persons acting on our behalf, are expressly qualified in their entirety by the foregoing. The Company has no obligation to and does not undertake to update, revise, or correct any of these forward-looking statements after the date of this report.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>About REGO Payment Architectures, Inc.<\/u><br \/>\n        <\/strong><br \/>\n        <br \/>REGO is a digital solution that enables children to stay safe in today\u2019s tech-first environment. The REGO Digital Wallet platform allows parents and guardians to enable online shopping or digital spending at approved retailers, control what funds are available for which purchases, and reward children or pay allowance via the app. REGO is an innovative financial platform uniquely positioned due to its Children\u2019s Online Privacy Protection Act (COPPA) and General Data Protection Regulation (GDPR) compliance. Visit us at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=PhtnFabiBJOJqs_klQQUcwRo_7Mye6UkwVSiuTEF9cqt9TulbDS6pC0zG1mpommbSSd5dx04WmgmKNX3KSGY1-XJbLkN7QqBV2ZuYKfg3v1G3t19uB9McDGAd4kpjIGp9Agq4SYgJLgBmmpnLYRr-PYHb0k65QNkL2mC6kFa0f_FEezuNOsQyRzYtQ4SnQkp1PE60dSp6Xu624X_zADZU90t3c6Bxx2TGX-2RZI3K5c=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">regopayments.com<\/a><\/p>\n<p align=\"justify\">\n        <strong>Media Contact:<\/strong>\n      <\/p>\n<p align=\"justify\">Scott A. McPherson<\/p>\n<p align=\"justify\">REGO Payment Architectures, Inc.<br \/>325 Sentry Parkway, Suite 200<br \/>Blue Bell, PA 19422<\/p>\n<p align=\"justify\">pr@regopayments.com<\/p>\n<p align=\"justify\">(o) 267-465-7530<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NjAzMiMzODIyNDEyIzIxOTQzMjE=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/7fe6ba8a-bd3f-4e6c-adf4-085bae6ee490\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BLUE BELL, Pa., Nov. 16, 2020 (GLOBE NEWSWIRE) &#8212; Rego Payment Architectures, Inc. (\u201cREGO\u201d) (OTCQB:RPMT) today announced that it will be entering the Beta Phase of its COPPA (\u201cChild Online Privacy Protection Act\u201d) and GDPR (\u201cGeneral Data Protection Regulation\u201d) compliant Digital Wallet App \u2013 \u201cMazoolaTM\u201d and onboarding users. The Alpha Phase, that the Company has completed, provided valuable information regarding the use of the app from the parent and child viewpoints. This knowledge has now been integrated into the app and REGO is ready to progress to the Beta Phase launch. Through the Beta test, we will be evaluating the app in a realistic environment. This will focus efforts on previously unidentified design issues. This will enable Rego to commercially &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rego-payment-architectures-inc-rolls-out-beta-phase-of-its-coppa-compliant-digital-wallet-app-mazoola\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;REGO Payment Architectures, Inc. Rolls Out Beta Phase of its COPPA Compliant Digital Wallet App \u2013 \u201cMazoola\u2122\u201d&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-381421","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>REGO Payment Architectures, Inc. Rolls Out Beta Phase of its COPPA Compliant Digital Wallet App \u2013 \u201cMazoola\u2122\u201d - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rego-payment-architectures-inc-rolls-out-beta-phase-of-its-coppa-compliant-digital-wallet-app-mazoola\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"REGO Payment Architectures, Inc. Rolls Out Beta Phase of its COPPA Compliant Digital Wallet App \u2013 \u201cMazoola\u2122\u201d - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BLUE BELL, Pa., Nov. 16, 2020 (GLOBE NEWSWIRE) &#8212; Rego Payment Architectures, Inc. (\u201cREGO\u201d) (OTCQB:RPMT) today announced that it will be entering the Beta Phase of its COPPA (\u201cChild Online Privacy Protection Act\u201d) and GDPR (\u201cGeneral Data Protection Regulation\u201d) compliant Digital Wallet App \u2013 \u201cMazoolaTM\u201d and onboarding users. The Alpha Phase, that the Company has completed, provided valuable information regarding the use of the app from the parent and child viewpoints. This knowledge has now been integrated into the app and REGO is ready to progress to the Beta Phase launch. Through the Beta test, we will be evaluating the app in a realistic environment. This will focus efforts on previously unidentified design issues. This will enable Rego to commercially &hellip; Continue reading &quot;REGO Payment Architectures, Inc. Rolls Out Beta Phase of its COPPA Compliant Digital Wallet App \u2013 \u201cMazoola\u2122\u201d&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/rego-payment-architectures-inc-rolls-out-beta-phase-of-its-coppa-compliant-digital-wallet-app-mazoola\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-16T12:03:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NjAzMiMzODIyNDEyIzIxOTQzMjE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rego-payment-architectures-inc-rolls-out-beta-phase-of-its-coppa-compliant-digital-wallet-app-mazoola\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rego-payment-architectures-inc-rolls-out-beta-phase-of-its-coppa-compliant-digital-wallet-app-mazoola\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"REGO Payment Architectures, Inc. Rolls Out Beta Phase of its COPPA Compliant Digital Wallet App \u2013 \u201cMazoola\u2122\u201d\",\"datePublished\":\"2020-11-16T12:03:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rego-payment-architectures-inc-rolls-out-beta-phase-of-its-coppa-compliant-digital-wallet-app-mazoola\\\/\"},\"wordCount\":681,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rego-payment-architectures-inc-rolls-out-beta-phase-of-its-coppa-compliant-digital-wallet-app-mazoola\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA4NjAzMiMzODIyNDEyIzIxOTQzMjE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rego-payment-architectures-inc-rolls-out-beta-phase-of-its-coppa-compliant-digital-wallet-app-mazoola\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rego-payment-architectures-inc-rolls-out-beta-phase-of-its-coppa-compliant-digital-wallet-app-mazoola\\\/\",\"name\":\"REGO Payment Architectures, Inc. 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(\u201cREGO\u201d) (OTCQB:RPMT) today announced that it will be entering the Beta Phase of its COPPA (\u201cChild Online Privacy Protection Act\u201d) and GDPR (\u201cGeneral Data Protection Regulation\u201d) compliant Digital Wallet App \u2013 \u201cMazoolaTM\u201d and onboarding users. The Alpha Phase, that the Company has completed, provided valuable information regarding the use of the app from the parent and child viewpoints. This knowledge has now been integrated into the app and REGO is ready to progress to the Beta Phase launch. Through the Beta test, we will be evaluating the app in a realistic environment. This will focus efforts on previously unidentified design issues. This will enable Rego to commercially &hellip; Continue reading \"REGO Payment Architectures, Inc. Rolls Out Beta Phase of its COPPA Compliant Digital Wallet App \u2013 \u201cMazoola\u2122\u201d\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/rego-payment-architectures-inc-rolls-out-beta-phase-of-its-coppa-compliant-digital-wallet-app-mazoola\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-16T12:03:19+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NjAzMiMzODIyNDEyIzIxOTQzMjE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rego-payment-architectures-inc-rolls-out-beta-phase-of-its-coppa-compliant-digital-wallet-app-mazoola\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rego-payment-architectures-inc-rolls-out-beta-phase-of-its-coppa-compliant-digital-wallet-app-mazoola\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"REGO Payment Architectures, Inc. 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