NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Soft Launches MTRAC Banking Solution for the Cannabis Industry

March 15, 2018 09:02:16

Global Payout (OTC: GOHE) this morning announced that its wholly owned subsidiary, MoneyTrac Technology, Inc., has begun the soft launch of MTRAC. MTRAC is a full-service banking solution driven by software technology features that MoneyTrac acquired through its joint venture with GreenBox. The advanced E-Wallet cash loading machine is backed by blockchain technology that MoneyTrac will leverage to bring to market an intuitive system that offers consumers and retailers in the cannabis industry an alternative to cash payment transactions. “MTRAC is the culmination of months of work and collaboration between GreenBox and MoneyTrac, and we are excited to begin the process of bringing this solution to a market that needs it more than any other right now,” MTRAC CEO Vanessa Luna stated in the news release.

To view the full press release, visit http://nnw.fm/rx3H1

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 the company’s website at www.GlobalPayout.com.

More from NetworkNewsBreaks

About NetworkNewsWire

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

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

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]