Global Payout, Inc.

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OTC Disclosure & News Service


Global Payout, Inc. is in the Process of Exploring New Partnerships to Take Advantage of the Fast-Growing Logistics Industry

Nov 07, 2017

OTC Disclosure & News Service


SAN DIEGO, CA, Nov. 07, 2017 (GLOBE NEWSWIRE) -- Global Payout, Inc. (OTC Pink: GOHE) (“Global” or “the Company”) is pleased to announce that in recent weeks it has been focused on ramping-up sales, marketing, and networking efforts to facilitate the acquisition of new clients and strategic partnerships in the fast-growing logistics industry.

The technology available in Global Payout’s Global Reserve Platform (“GRP”) offers many of these companies the ability to break free of traditional banking chains that offer little transparency or security. With its fully compliant “banking-in-a-box” software that can be customized (white labeled), the GRP offers the ability to move money internationally in a more swift and cost-effective manner than traditional banks.   

According to Medici Research Group, global mobile payments reached $780 Billion in 2017, and are expected to surpass $1 Trillion by 2019. Final Mile e-commerce companies are uniquely challenged in their ability to capture proof of delivery, fast and accurate billing information. These challenges create cash flow problems for smaller companies that can sometimes be catastrophic. The GRP provides an effective solution in a market that is moving away from traditional global payment processes.

Jim Hancock, CEO of Global Payout, Inc. says, “The Global Reserve platform is an extremely valuable technology to these companies and we look forward to exploring the many ways we can serve this industry.”

Global Payout, Inc. continues to work diligently to provide long-term value for the Company and its shareholders alike. By increasing revenue and executing the Company’s clearly defined expansion plan GOHE will become poised to be the #1 source for online payments solutions.  GOHE will constantly update the public and its shareholders on all Company progress by way of regular press releases and timely SEC filings.

About Global Payout, Inc. (OTC Pink: GOHE)

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.

Forward-Looking Statements Disclaimer:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.

Public Relations and Media Contact:
Global Payout
619.795.5180 Office

Communications Contact:
NetworkNewsWire (NNW) 
New York, New York 
212.418.1217 Office

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