Payment solutions company Global Payout, Inc. (OTC: GOHE), through its subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that its partners, Integrated Compliance Solutions, LLC (“ICS”) and Crypto Value Management Systems (“CVMS”) have formed a strategic partnership to deliver compliance and blockchain financial services to the cannabis industry. The partnership is anticipated to enhance Integrated Compliance’s banking solutions suite by conducting strong compliance and security around the monitoring of incoming and outgoing payments using the compliance blockchain In-State Crypto Commodity Exchange developed by Crypto Value Management Systems. MTRAC has previously entered agreements with both of the companies and expects the newly-formed partnership to create new resources for all three parties. “The agreement between ICS and CVMS really solidifies our network of service offerings and allows MTRAC to work in full collaboration with two companies that have very unique service offerings,” MTRAC CEO Vanessa Luna stated in the news release.
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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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