Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that MoneyTrac Technology, Inc. (“MTRAC”), a company in which GOHE currently holds an 18 percent ownership stake, has begun accepting applications from qualified merchants operating within a variety of alternative and high-cost industries for the use of its MTRAC payment platform. This payment system, powered by GreenBox blockchain technology, serves as the foundation of MTRAC’s ‘Key to Cashless™’ service platform. “This launch represents the culmination of the work our team has been doing over the last year and a half,” Vanessa Luna, CEO of MTRAC, stated in the news release. “We are extremely excited to be getting this payment platform off the ground and we plan to pay special attention to marketing and recruiting local governments and municipalities to adopt the technology as a means for both regulating legal cannabis sales and tracking it for tax purposes.”
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About Global Payout, Inc.
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. For more information, visit www.GlobalPayout.com
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