Mazoola is a free iPhone app developed by REGO Payment Architectures Inc. that aims to provide parents with the tools they need to help their children learn essential money management skills. As the only COPPA certified mobile family wallet, Mazoola ensures a safe and secure environment for children to earn, learn, and spend money. With Mazoola, parents can create virtual debit cards for their children, set automatic allowances, assign and track chores, approve retailers and spending limits, and monitor purchases from a parental dashboard. They can also develop a lesson plan to teach children about setting goals, budgeting, and savings.

For children, Mazoola offers the ability to earn and spend money with favorite retailers, set and track savings goals, track chores and rewards, send money to friends, and securely shop online or in-store. They can also add their debit card to Apple Pay or Google Pay Wallets and track their spending with real-time transaction history. Mazoola prioritizes child online privacy and security, with bank-grade encryption and authentication, strict data privacy policies, and FDIC insurance through their partner Evolve Bank & Trust.

Mazoola was founded in 2008 by parents who were concerned about unregulated marketing and the privacy of their children's personal information. The app is designed to give kids the power of a mobile wallet while ensuring their privacy and safety. With Mazoola, parents can empower their children to develop essential money management skills in a secure and protected environment.