REGO announces entering into an MOU with Source Digital for a strategic partnership and licensing agreement.

REGO Payment Architectures, Inc. (OTCQB: RPMT) announced today a strategic partnership with Source Digital, Inc. (SOURCETM). This partnership opens a powerful gateway to real-time, interactive “watch and shop” capabilities on any screen, in any environment, designed to completely protect the family e-commerce lifestyle through a secure and seamless buying experience. REGO, an early innovator in the online payments sector, has partnered with SOURCETM, a consumer experience platform designed for the video content creator to monetize their audience through real-time engagement. The two companies are working together to create a fully autonomous, integrated, family payment solution for this new frictionless economy.

 

“REGO has amassed a distinct set of intellectual property that positions it as the foremost innovator of the emerging COPPA (Child Online Privacy and Protections Act) compliant payments sector.  We are uniquely positioned to capture the expanding e-commerce payment space in these exciting new verticals that drive family behavior,” says David Knight, CEO of REGO.  

 

Source Digital has been experiencing growing market traction in connecting buyers within and around video content in verticals ranging from Reality TV, Sports, Experiential Retail, and Movies. “Since video has become one of the primary influencers of today’s consumer family trends, it is only natural that Source would look to REGO to fortify its security and ability to adhere to COPPA compliance guidelines,” says Hank Frecon, CEO of Source Digital.

 

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