On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Finalizes JV Agreement with GreenBox POS, LLC

Company: Global Payout, Inc. (GOHE)
Category: News

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it has finalized a JV agreement with equity and exclusivity in sales and marketing with GreenBox POS, LLC (“GBOX”), a company leveraging blockchain technology to develop customized payment solutions for various industries. Per the terms of the agreement, MTRAC will serve as a strategic sales and marketing resource to GBOX in exchange for marketing rights to GBOX services in the U.S., Canada and Mexico. MTRAC intends to launch GBOX services in April, and the company believes that these marketing rights could provide for significant revenue in year one. “The details, intricacies, and overall effectiveness of the technology that GreenBox POS has developed is unrivaled by anything else we have seen thus far and is something we believe will disrupt the financial technology side of it,” Vanessa Luna, CEO of MTRAC, stated in the news release. “Not only are their technology solutions impressive, but they fall right in-line with MoneyTrac’s core objective and mission of ‘Banking the unbankable’. In becoming a lead sales and marketing partner for GreenBox, we are giving MoneyTrac another extremely effective resource, leveraged to deliver the solutions our customers and partners desperately need to help run their businesses with optimum efficiency.”

To view the full press release, visit http://cnw.fm/Df7yl

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

More from CannabisNewsBreaks

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

For more information please visit https://www.cannabisnewswire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

CannabisNewsWire (CNW)
Denver, Colorado
www.cannabisnewswire.com
303.498.7722 Office
Editor@CannabisNewsWire.com

Official NewsWire Relationships

Alternative Products Expo Benzinga Cannabis Capital Conference Cannabis Business Summit & Expo 2019 Cannabis Drinks Expo Cannabis World Congress & Business Exposition Cannexpo Marigold PR MjMicro Conference New England Cannabis Network O'Cannabiz Conference & Expo Tether BudTender Tether BudTender Appreciation Week

CannabisNewsWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Doge Coin

Dogecoin

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 303.498.7722