SAN DIEGO, Feb. 06, 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"), has executed a Sales Partnership and Commission Agreement with Eyeconic.tv ("Eyeconic.tv"), an award winning and leading retail technology company that operates a cannabis media network, the Eyechronic network, that has already successfully partnered with almost 300 medical and retail dispensaries throughout the U.S.
Through this agreement, MTRAC will effectively incorporate Eyeconic.tv's retail technology products and "in-store media" services to reach customers of the multibillion dollar cannabis industry. This technology has been developed to empower the advertisement and customer engagement opportunities for dispensaries through the Eyechronic network. The network allows dispensaries to display product and promotional information, cross-promotional advertisements, and engaging and education-related information on digital screens installed and maintained by Eyeconic.tv.
With the vast network of dispensaries MTRAC has developed through the success of its PotSaver publication, the Company intends for its initial sales efforts of the Eyechronic network to be focused within the state of California, which currently boasts the fastest growing retail cannabis market in the U.S.
Said MTRAC CEO, Vanessa Luna: "Establishing this sales partnership with Eyeconic.tv is an incredibly effective way to deliver more value to the solutions and services we are providing to cannabis-related businesses. The Eyeconic.tv team are true pioneers in the digital marketing and advertisement space and have established themselves as the premier provider of these services throughout the cannabis industry. I am pleased they recognize the value we can bring to their brand through the network of dispensaries we have created through our PotSaver publication, as well as through the invaluable expertise our team offers in developing and implementing successful sales and marketing strategies. I am extremely confident that this will be a partnership that is mutually beneficial to the objectives of each of our companies."
Said Eyeconic.tv VP of Strategic Growth, Colby McKenzie: "Ms. Luna and the MoneyTrac team have done an impressive job over the past several months in establishing a valuable network of dispensaries in the state of California and other western regions. This agreement not only gives us the opportunity to tap into these relationships for the expansion of the Eyechronic network, but gives us a very unique and powerful opportunity to partner with a company that is quickly becoming one of the most prominent resources for dispensaries and other cannabis-related businesses in this industry."
MTRAC fully intends to leverage the incorporation of the Eyechronic network into its suite of services and solutions towards the further expansion of its PotSaver brand in California and other west coast communities, in addition to increasing the overall value the publication will deliver to dispensaries.
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.
About Eyeconic.tv
Eyeconic.tv is the leader in point of sale media providing the only fully managed digital signage, menu and touch screen kiosk solutions. Its systems are backed with continuous remote support and guaranteed results for your business. Armed with a decade of experience in digital signage, Eyeconic.tv is bringing professional grade retail technology to thousands of venues in numerous industries across five continents.
About Eyechronic
Eyechronic is an ad-based television network broadcasting real-time content on large television screens placed in legal cannabis dispensaries across the U.S. The network content is intended to maximize effectiveness, increase revenue and awareness and keep customers engaged through social media walls, trivia questions, weekly educational segments and recent news relevant to the cannabis community.
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