{"id":407258,"date":"2021-01-04T07:03:30","date_gmt":"2021-01-04T12:03:30","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=407258"},"modified":"2021-01-04T07:03:30","modified_gmt":"2021-01-04T12:03:30","slug":"rego-payment-architectures-inc-acquires-chore-check-llc-and-gains-23000-user-base-prior-to-commercial-launch-this-month","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rego-payment-architectures-inc-acquires-chore-check-llc-and-gains-23000-user-base-prior-to-commercial-launch-this-month\/","title":{"rendered":"REGO Payment Architectures, Inc. Acquires Chore Check, LLC and gains 23,000+ User Base Prior to Commercial Launch This Month"},"content":{"rendered":"<div class=\"mw_release\">\n<p>BLUE BELL, Pa., Jan.  04, 2021  (GLOBE NEWSWIRE) &#8212; REGO\u00a0Payment Architectures, Inc. (\u201cREGO\u201d) (OTCQB:RPMT) today announced that it acquired Chore Check, LLC (\u201cChore Check\u201d), on January 1<sup>st<\/sup>, 2021.\u00a0<\/p>\n<p align=\"justify\">Chore Check offers a chore-setting iOS app for families with 6-18 year olds, and Chore Check Pay membership provides linked accounts plus a prepaid debit Mastercard\u00ae for children. The Chore Check service has over 23,000 users, who will be migrated to REGO\u2019s Digital Wallet Platform, Mazoola<sup>SM<\/sup>.\u00a0<\/p>\n<p align=\"justify\">Ada Vaughan, Chief Executive Officer, Chore Check said: \u201cWe\u2019re so happy to bring Chore Check families to Mazoola<sup>SM<\/sup> so they can benefit from expanded features and the highest level of privacy for children\u2019s information.\u201d\u00a0<\/p>\n<p align=\"justify\">Peter S. Pelullo, Chief Executive Officer, REGO said: \u201cThis acquisition is an important add-on to our financial literacy agenda within Mazoola<sup>SM<\/sup>. It also enables us to bring users to the platform utilizing minimal marketing resources. We are very excited to begin the New Year with this acquisition and look forward to our commercial launch later this month.\u201d\u00a0<\/p>\n<p>\n        <strong><br \/>\n          <u>Safe 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>\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, Mazoola<sup>SM<\/sup>, 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=KCpcZnsWvJ0xejieiXR6-kxIfn_AARZ6xZ6yhBxXSkm3-WbuqbHxEsso4VPDT0gNcE6ohgDzgu7uidooJxoqZce1CcPdCw_nYMBQxQ-PrEkGSSOl_N-DxoQggiy-gATfUlYuWHXyj0-f-BcKNoeplM5ebaCzCuJormSXYOmNTtJA2INM70ERQMgZUv1ORcVbj-Qznm-ZqslKtyjsFLZUGxB1EGJK9rh3MgqMgHgixq8=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">regopayments.com<\/a><\/p>\n<p>\n        <strong>Media Contact:<\/strong>\n      <\/p>\n<p>Scott A. McPherson<\/p>\n<p>REGO Payment Architectures, Inc.<br \/>325 Sentry Parkway, Suite 200<br \/>Blue Bell, PA 19422<\/p>\n<p>pr@regopayments.com<\/p>\n<p>(o) 267-465-7530<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExOTM3NCMzOTAxMTc3IzIxOTQzMjE=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/b8d5d9cb-4b53-4d46-9663-b2d8ceee180f\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BLUE BELL, Pa., Jan. 04, 2021 (GLOBE NEWSWIRE) &#8212; REGO\u00a0Payment Architectures, Inc. (\u201cREGO\u201d) (OTCQB:RPMT) today announced that it acquired Chore Check, LLC (\u201cChore Check\u201d), on January 1st, 2021.\u00a0 Chore Check offers a chore-setting iOS app for families with 6-18 year olds, and Chore Check Pay membership provides linked accounts plus a prepaid debit Mastercard\u00ae for children. The Chore Check service has over 23,000 users, who will be migrated to REGO\u2019s Digital Wallet Platform, MazoolaSM.\u00a0 Ada Vaughan, Chief Executive Officer, Chore Check said: \u201cWe\u2019re so happy to bring Chore Check families to MazoolaSM so they can benefit from expanded features and the highest level of privacy for children\u2019s information.\u201d\u00a0 Peter S. Pelullo, Chief Executive Officer, REGO said: \u201cThis acquisition is an &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rego-payment-architectures-inc-acquires-chore-check-llc-and-gains-23000-user-base-prior-to-commercial-launch-this-month\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;REGO Payment Architectures, Inc. Acquires Chore Check, LLC and gains 23,000+ User Base Prior to Commercial Launch This Month&#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-407258","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>REGO Payment Architectures, Inc. Acquires Chore Check, LLC and gains 23,000+ User Base Prior to Commercial Launch This Month - 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-acquires-chore-check-llc-and-gains-23000-user-base-prior-to-commercial-launch-this-month\/\" \/>\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. Acquires Chore Check, LLC and gains 23,000+ User Base Prior to Commercial Launch This Month - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BLUE BELL, Pa., Jan. 04, 2021 (GLOBE NEWSWIRE) &#8212; REGO\u00a0Payment Architectures, Inc. (\u201cREGO\u201d) (OTCQB:RPMT) today announced that it acquired Chore Check, LLC (\u201cChore Check\u201d), on January 1st, 2021.\u00a0 Chore Check offers a chore-setting iOS app for families with 6-18 year olds, and Chore Check Pay membership provides linked accounts plus a prepaid debit Mastercard\u00ae for children. The Chore Check service has over 23,000 users, who will be migrated to REGO\u2019s Digital Wallet Platform, MazoolaSM.\u00a0 Ada Vaughan, Chief Executive Officer, Chore Check said: \u201cWe\u2019re so happy to bring Chore Check families to MazoolaSM so they can benefit from expanded features and the highest level of privacy for children\u2019s information.\u201d\u00a0 Peter S. Pelullo, Chief Executive Officer, REGO said: \u201cThis acquisition is an &hellip; Continue reading &quot;REGO Payment Architectures, Inc. 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(\u201cREGO\u201d) (OTCQB:RPMT) today announced that it acquired Chore Check, LLC (\u201cChore Check\u201d), on January 1st, 2021.\u00a0 Chore Check offers a chore-setting iOS app for families with 6-18 year olds, and Chore Check Pay membership provides linked accounts plus a prepaid debit Mastercard\u00ae for children. The Chore Check service has over 23,000 users, who will be migrated to REGO\u2019s Digital Wallet Platform, MazoolaSM.\u00a0 Ada Vaughan, Chief Executive Officer, Chore Check said: \u201cWe\u2019re so happy to bring Chore Check families to MazoolaSM so they can benefit from expanded features and the highest level of privacy for children\u2019s information.\u201d\u00a0 Peter S. Pelullo, Chief Executive Officer, REGO said: \u201cThis acquisition is an &hellip; Continue reading \"REGO Payment Architectures, Inc. 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