REGO is an innovative and unique family-focused mobile banking platform that provides a way for children to shop digitally while being 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). REGO renewed its COPPA compliance certification in
“The partnership with Cornerstone Payment Systems exemplifies the flexibility of the REGO platform to plug-and-play with world-class financial institutions,” said
REGO engaged
The REGO platform allows parents to keep their children safe online and teach financial literacy. It delivers parent-controlled spending, education on saving, and payment or allowance based on goals such as educational milestones or completing household chores, among other features. The platform also enables the 65 million Gen-Z (ages 4-19) shoppers to transact and socialize in a secure online environment guided by parental permission, oversight, and control.
“We are proud to partner with REGO to launch a secure payment system for children,” said
REGO Digital Wallet is available for partnering institutions. The consumer version of REGO Digital Wallet has an anticipated release in 2020. Learn more at regopayments.com.
About
REGO is a digital solution that enables children to stay safe in today’s 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 the only financial platform that is Children’s Online Privacy Protection Act (COPPA), California Consumer Privacy Act (CCPA), and General Data Protection Regulation (GDPR) compliant. Visit us at regopayments.com.
About
Founded in 2001, Cornerstone is one of the nation's leading Christian owned and operated independent sales organizations in the merchant processing industry. Cornerstone offers a full complement of merchant processing services. The Company possesses the expertise to authorize and settle transactions for all major credit cards. Learn more at cornerstonepaymentsystems.com.
About
Media Contact:Kristin Graybill One Kiln Marketing talktous@1kiln.com (o) 302.536.2180
Source:
2020 GlobeNewswire, Inc., source