Business
Global Payout Explores New Relationships with Banks and Processors at Money 2020 in Effort to Diversify Portfolio
Global Payout Explores New Relationships with Banks and Processors at Money 2020 in Effort to Diversify Portfolio.
About this update from Psyc Corporation
[{"type":"text","content":"\n SAN DIEGO, Oct. 31, 2019 (GLOBE NEWSWIRE) -- Global Payout Inc. (OTCPink:GOHE) (“Global” or the “Company”) is pleased to announce that their executive team attended the recent Money 2020 convention in Las Vegas, NV, and had the opportunity to discuss potential partnerships with a variety of disruptive payment technology providers to bring their various solutions to market. “Money is changing, and the cannabis sector is not the only sector in need of innovative financial services,” Said Global Payout CEO, Vanessa Luna. “While we have spent the last year focused on expanding into the cannabis sector, we have also realized a huge amount of value from this team in their ability to successfully bring a piece of technology to market. Marketing has long been one of our core strengths and we are exploring ways to use that strength to help payment processors in other sectors of the market. The long-term goal is to continue to diversify Global Payout’s sales and marketing division to offer a full range of financial service products by connecting disruptive technology developers with their target consumers.” 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. From 2014 to 2017 Global focused on identifying new state of the art technologies in a variety of industry sectors and successfully helped launch MoneyTrac Technology Inc. and other companies within the FinTech space. In 2018, Global completed a reverse triangular merger with MoneyTrac Technology Inc. resulting in Global retaining the wholly owned subsidiary, MTrac Tech Corporation. Global’s current focus is continuing to identify new business opportunities while it reorganizes its future business endeavors.  About MTrac Tech Corp. MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Global Payout, Inc. MTrac is a software technology, sales and marketing, and business development company focused on “high risk” and “high cost” industries. The Company’s flagship product is the MTrac payment platform offering a full-service solution with technology offerings including Payment Platform, Blockchain, Compliance, POS...