Global Payout, Inc. (OTC: GOHE) this morning announced that it has signed a joint venture (“JV”) agreement with representatives of Management and Government Resources 2, LLC. (“MGR2”) to advocate for the implementation of the MTrac solution across City, County and State jurisdictions on the east coast. The MGR2 representatives intend to utilize their available resources to engage local governments. Representatives include Barry E. Lefkowitz, founder and president of MGR 2; David Spector, former Councilman in the Borough of Bellmawr; Sam Spector, a strategic partner offering insights into business development; and Carol Gabel, who has over twenty years of executive management with two State Chambers of Commerce. The MTrac team intends to work closely with the representatives to expand the MTrac payment platform across the east coast. “The expertise and experience this group can bring to MTrac cannot be overstated,” Global Payout CEO Vanessa Luna stated in the news release. “The MTrac platform provides a comprehensive end to end solution for consumers and merchants alike. Additionally, it offers superior security and compliance features with the ability, through a seamless interface, to allow for multi-use payment options. As long as we have the technology and resources to service the cannabis and any other ‘high-cost of banking’ industries, we will continue to be a part of the evolution by changing the way we pay in the world we know today. This agreement with MGR, Inc. gives us a strong foothold to a wide range of business opportunities and I am excited to work with this team.”
To view the full press release, visit http://nnw.fm/Lt9mY
About Global Payout, Inc.
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. Global’s current focus is continuing to identify new business opportunities while it reorganizes its future business endeavors. For more information, visit the company’s website at 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