SAN DIEGO, April 10, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE-- Global Payout Inc. (OTCPink:GOHE) ("Global") is pleased to announce that, MoneyTrac Technology, Inc. ("MTRAC", the "Company"), of which Global is a significant shareholder (currently 18% ownership) announced today that the Company has joined the National Cannabis Industry Association (NCIA) as a sustaining member, their highest membership level. The NCIA is a membership association dedicated to both connecting organizations and building networks as well as serving as a critical advocate for responsible business practices and corporate accountability within the cannabis industry.
In the 17 years since the NCIA's inception, they have built a large national network of organizations and industry professionals, and in 2017 experienced a 40% increase in membership enrollments placing them at over 1500 members nationwide. Their policy advocacy team has produced four white papers on cannabis legalization and have become a prominent and important voice in Congress for legitimate businesses operating throughout the industry. The membership provides MTRAC with an opportunity to network with other industry professionals, as well as support cannabis policy advocacy at all levels.
Said MTRAC CEO, Vanessa Luna: "NCIA truly represents one of the most important and valuable associations in our industry. Their hard work and advocacy over the past 17 years has played a pivotal role in helping to pave the way for the growth and continued legitimacy of this industry as well as in being a crucial resource to the thousands of businesses, such as MoneyTrac, who are committed to conducting business the right way, in an industry that remains highly scrutinized. As a sustaining member, I look forward to an opportunity to not only expand our network amongst other legitimate businesses, but for us to play an active role in advocating for the rights of all responsible businesses throughout our emerging industry."
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. (MTRAC) is a "New Age Technology Holding Company" offering a full-service solution for alternative banking and electronic financial marketplace with technology offerings including Payment Platform, Blockchain, Crypto-Commodity Exchange, Compliance, POS, E-Wallet, Mobile Application and Digital Payment Solutions for businesses and companies in various "high-costs of banking" industries. MTRAC offers additional suites of services ranging from business development, sales and marketing, to digital and print advertisement. We are One Network disrupting the status quo. It is MTRAC'S creative vision to create a "The New Age of Currency" by bringing innovative technology solutions to various industries and providing the "Key to CashlessTM".
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