Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that the technology team from MoneyTrac Technology, Inc., a company in which GOHE currently holds an 18 percent ownership stake, recently participated in a tech panel at the Cannabiz Expo in Los Angeles. Per the update, MoneyTrac observed an immense amount of interest regarding its cashless payment solution powered by GreenBox blockchain technology, MTRAC. “We at MoneyTrac are committed to solving the issues of safety, fiscal compliance, and efficiency for the Cannabis Industry with our unique offering. The technology we are bringing to market will benefit the entire upstream cashflow of the industry by providing customers with an easy way to transact, and a seamless solution for cannabis related companies to transfer value to each other. Our goal is to provide a workflow that removes cash from the equation and allows these organizations to work within the current economic climate in a legal and efficient manner,” MoneyTrac Director of Information Technology Patrick Kilcoyne stated in the news release.
To view the full press release, visit http://nnw.fm/AVj1l
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 NetworkNewsBreaks
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW 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. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information, please visit https://www.NetworkNewsWire.com
New York, New York