"Banking the
UnbankableTM":
MoneyTrac Soft Launches MTRAC, a
Full Service Banking Solution for
Cannabis
San
Diego, CA -- March 15, 2018
-- InvestorsHub
NewsWire
-- Global Payout Inc.
(OTCPink:
GOHE) ("Global") is pleased to announce that its
subsidiary MoneyTrac
Technology, Inc.
("MTRAC", the "Company") has begun the soft
launch of MTRAC, a full-service banking solution powered by
software technology features that the Company has acquired through
its Joint Venture with GreenBox
("GBOX").
MTRAC is an innovative E-Wallet cash loading machine/kiosk that is
supported by blockchain technology and will be leveraged by MTRAC
to bring to market an intuitive system that will offer cannabis
consumers and retailers an effective alternative to cash payment
transactions.
This
last year alone has brought incredible opportunity for those in the
cannabis industry, but the market still lacks reasonable access to
traditional banking platforms which tends to create a myriad of
challenges for both consumers and retailers. With MTRAC the Company
believes it can tackle a significant portion of this challenge by
offering dispensaries a cash loading kiosk that combines the
benefits of both E-Wallet and blockchain technology and presents a
safe and viable alternative to cash.
"The
integration of the incredible technology GreenBox
has
developed into our platform of solutions that we are aiming to make
available to businesses in cannabis really represents our continued
commitment of Banking the Unbankable,"
said MTRAC CEO, Vanessa Luna. "The 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."
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.
About MoneyTrac
Technology
MoneyTrac Technology, Inc. (MTRAC) is a
"New Age Technology Holding Company" offering a full-service
solution for alternative banking and electronic financial
marketplace with technology offerings including Payment Platform,
Blockchain, Crypto-Commodity Exchange, Compliance, POS, E-Wallet,
Mobile Application and Digital Payment Solutions for businesses and
companies in various "high-costs of banking" industries. MTRAC offers
additional suites of services ranging from business development,
sales and marketing, to digital and print advertisement. We are One
Network disrupting the status quo. It is MTRAC'S creative vision to
create a "The New Age of Currency" by bringing innovative
technology solutions to various industries and providing the means
for "Banking the Unbankable"
About GreenBox POS,
LLC.
GreenBox POS, LLC ("GBOX") brings innovative and unique
solutions to the market. GBOX is diligently working on
making the Cashless Society vision a reality. The technology
company core focus is building customized software and hardware
suite of disruptive payment solutions benefiting most industries.
GBOX develops all software both inhouse and with international
subsidiaries, and the required electronics modifications in
partnership with equipment manufacturers. The results are best in
class solutions for new and existing merchant scenarios. All GBOX
products are fully integrated and utilize Blockchain technology for
secure, safe, and reliable record keeping and general operations.
Among GBOX products: POS (Point of Sale software and hardware
solutions); DEL (delivery app, APIs to POS and PAY); PAY (payment
app, providing financial APIs to all other components); and
Blockchain KIOSK (deposit, cash and E-wallet management). All
products (software and hardware) are now available. The capitalized
names (POS, DEL, PAY, and KIOSK) are internal product codes. All V1
products (software and hardware) are appropriately
branded.
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
www.GlobalPayout.com
619.795.5810
Office
Information@GlobalPayout.com
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