Global Payout, Inc.

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Global Payout’s MoneyTrac Technology, Inc. Co-Hosts Finance and Technology Networking Event for the Cannabis Industry

Oct 31, 2017

OTC Disclosure & News Service


SAN DIEGO, CA / ACCESSWIRE, Oct. 31, 2017 (GLOBE NEWSWIRE) -- Global Payout, Inc. (OTCPink: GOHE) (“Global”) is pleased to announce that its majority owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”, the “Company”) successfully hosted a joint networking event last week in Las Vegas, NV with fellow companies in the cannabis financial market sector; Fusion Bank, Integrated Compliance Solutions, LLC (“ICS”), and NICCE Exchange.

The event brought together key individuals and entities from different areas across the west coast who are involved with the fast-growing cannabis industry. This event provided them with a solid platform to engage, network, and obtain a wealth of knowledge and information about the service offerings of the companies hosting the event, each of whom is making strides in their efforts to deliver the most effective financial technology and banking solutions to the cannabis industry.

Representing the MTRAC brand at the event were Company CEO, James Hancock and COO, Vanessa Luna. Each had the opportunity to hold several in-depth conversations with a variety of important industry-related executives and technology developers who may play a critical role in furthering its objective of becoming one of the most prominent financial technology providers in the cannabis industry.

“The power of networking and identifying synergistic business opportunities should never be underestimated,” said Mr. Hancock. “From banking solutions to cryptocurrency, this event placed MoneyTrac in a prime position to gain access to a number of valuable tools and resources that we will be working hard to analyze carefully over the next several days to determine how we can make the most  of them as we push forward with our goal of becoming a financially technology powerhouse in this industry.”

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. For more information, visit www.GlobalPayout.com

About MoneyTrac Technology

MoneyTrac Technology, Inc. is a pioneer in offering a full-service solution for alternative banking and electronic financial solutions and provides all aspects of financial technology including E-Wallet and mobile apps services for businesses and companies in various "high-risk" industries. MoneyTrac's technology platform allows for its clients to access their financial information from anywhere in the world, in addition to providing tracking and compliance to help them manage and control the flow of all revenue through their business. MoneyTrac Technology also provides Business Development services to clients in high risk industries for the further facilitation of all business expansion, regulatory compliance, and facilitation of business opportunities. For more information, visit www.MoneyTracTechnology.com

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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