SAN DIEGO, Jan. 31, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Global Payout, Inc. (OTCPink:GOHE) (“Global”) is pleased to announce that its majority owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”, the “Company”) is in final discussions for a Partnership with cutting-edge POS Company that is currently providing an end-to-end suite of technology services to enterprises operating across multiple industries.
To date, MTRAC has recognized and partnered with a number of pioneers in the Banking and Fintech space through its efforts to build and co-build a full suite of service offerings. MTRAC CEO Vanessa Luna, describes this potential partnership as “The final piece to a very robust puzzle offering a full suite of financial services to multiple high-risk credit industries.”
The MTRAC Management Team has had several meetings over the course of the past month and is confident they will work successfully through the terms of the partnership. The identified Company is also putting in good faith efforts to solidify the terms of an agreement, that both companies believe will be lucrative and highly beneficial to the overall objectives of providing disruptive service solutions paving the way for businesses in dire need of this type of innovative technology.
MTRAC anticipates announcing additional details of this opportunity in the near future.
About Global Payout, Inc. (OTC Pink:GOHE)
Since the Company's inception in 2009, Global Payout, Inc. has been a leading provider of comprehensive and customized prepaid payment solutions for domestic and international organizations distributing money worldwide. In 2014, Global introduced its first online payment platform called the Consolidated Payment Gateway (CPG), which allowed its enterprise clients to transfer money to international bank accounts, mobile accounts, and prepaid card accounts. The development of the CPG became the foundation for the introduction of its new, state of the art FINTECH payment system in 2017, for both online and mobile applications to allow account holders to maximize an expanded suite of financial services and minimize operational costs. Global will continue to offer their FINTECH payment system to many vertical markets for support of foreign currency exchange and digital currency, including ongoing support of the banking industry and international governments.
About MoneyTrac Technology
MoneyTrac Technology, Inc. is a pioneer in offering a full-service solution for alternative banking and electronic financial solutions and provides all aspects of financial technology including E-Wallet and mobile apps services for businesses and companies in various "high-risk" industries. MoneyTrac's technology platform allows for its clients to access their financial information from anywhere in the world, in addition to providing tracking and compliance to help them manage and control the flow of all revenue through their business.
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