LAS VEGAS, LOS ANGELES and SAN DIEGO, Dec. 17, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Global Payout Inc. (OTCPink:GOHE), and its wholly owned subsidiary MTrac Tech Corp., and Baker Technologies, are pleased to announce that they have executed an affiliate agreement to offer a unique, first-of-its kind, turn-key cannabis payment platform for dispensaries nationwide, combining the MTrac technology with Baker’s CRM Platform and marketed by DEWL, LLC an affiliate of SUPERBAD BRAND.
This strategic alliance was formed to solve growing issues with payment processing in industries considered “high-risk” including the Cannabis industry. This new payment solution collaboration between Baker, MTrac and SUPERBAD BRAND, is based on a secure blockchain-based payment system brought to market by MTrac, with Baker providing the CRM solution, and SUPERBAD BRAND and DEWL managing all sales and marketing efforts through this collaboration, for dispensaries nationwide.
The new payment platform will offer dispensaries a turnkey solution for payment processing and will initially be targeted for implementation in more than (1,000) one thousand dispensaries currently using the Baker CRM Platform.
“For a Company like MTrac, you really can’t have too many strategic partners. This is exactly the kind of relationship you want to build, one where the skills and resources of each company complement one another. I am very excited about this agreement and we expect implementation in these locations to begin in the next two weeks,” said Vanessa Luna, MTrac’s CEO.
About Global Payout, Inc. (OTC Pink:GOHE)
From 2014 to 2017 Global focused on identifying new state of the art technologies in a variety of industry sectors and successfully helped launch MoneyTrac Technology Inc. and other companies within the FinTech space. In 2018, Global completed a reverse triangular merger with MoneyTrac Technology Inc. resulting in Global retaining the wholly owned subsidiary, MTrac Tech Corporation. Global’s current focus is continuing to identify new business opportunities while it reorganizes its future business endeavors.
About MTrac Tech Corp.
MTrac Tech Corporation. a Nevada Corporation is a privately held wholly owned subsidiary of Global Payout, Inc. MTrac is a software technology, sales and marketing, and business development company focused on “high risk” and “high cost” industries. The Company’s flagship product is the MTrac payment platform offering a full-service solution with technology offerings including Payment Platform, Blockchain, Compliance, POS, E-Wallet, Mobile Application and Digital Payment Solutions. We are one network disrupting the status quo. It is MTRAC’S creative vision through the use of its innovative technology solution to become the premier service provider offering the “Key to CashlessTM”
About Baker Technologies
Baker is the leading CRM provider for the cannabis industry, helping dispensaries generate more revenue and build relationships with their customers in one easy to use platform.
About SUPERBAD BRAND
SUPERBAD BRAND is a premier BRAND lifestyle company. SUPERBAD Brand offers the ultimate salubrious cannabis cultural experience, as well as a line of unmatched, proprietary blend of recreational and medicinal cannabis products. For more information on the company’s products and services, please visit www.superbadbrand.com.
About DEWL, LLC
DEWL is a sales and marketing company focusing on payment processing and CRM services for the cannabis industry. DEWL seeks to address the needs of industry groups through an integrated offering of fintech and CRM services to seamlessly manage the customer experience through all stages of the retail relationship, including point-of-sale, loyalty programs and future transactions.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are disclosed on the OTC Markets.com website.
Media Contacts:
MTrac Tech Corp.
www.Mtractech.com
(702) 790-2511 Ext. 101
Info@moneytractechnology.com
For SUPERBAD BRAND and DEWL:
Christine Bock-McCullough
714 206 9800
christine@greenfirebrands.com