Business
MTrac Emerging as the FinTech Provider of Choice is Poised for Exponential Revenue Growth in 2019
MTrac Emerging as the FinTech Provider of Choice is Poised for Exponential Revenue Growth in 2019.
About this update from Psyc Corporation
[{"type":"text","content":"\nSAN DIEGO, March 19, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Global Payout Inc. (OTCPINK: GOHE) (“Global”) and its wholly-owned subsidiary MTrac Tech Corporation (“MTrac”) are pleased to announce that transactional data and revenue into Q1 of 2019 highlights the continued growth, adaptation, and overall benefit to the one-of-kind MTrac Payment Solution. \n\n \n \n \n \n \n \n \n \n \n \n \n GOHE PR March 19\n \n \n \n \n \n \n \n \n\n As has been the trend since the current iteration of the MTrac system was deployed back in October, totals associated with daily and monthly sales and transactional volume along with the average ticket cost processed within the system continue to climb each month at what the Company perceives to be a very steady and encouraging pace, and the first quarter is seeing a continuation of this very positive trend. The transaction volume increase is in the Company’s opinion a sign of the significant adoption and industry desire for a compliant service offering. MTrac is on track and projected to see over a 100% increase in revenue from Q4 of 2018 to this 1st quarter in 2019. “This has been the objective from day one and we are in my opinion not only past the point of execution but at a trajectory of exponential growth,” said MTrac CEO, Vanessa Luna. “The industry is yearning for a solution of MTrac’s caliber, we have in very little time showcased our ability to service the market and grow within it. We currently service some of the largest and most prestigious cannabis-related businesses in the nation and will continue to take the market and expand our foothold in the industry. These revenue and transactional numbers not only have a direct impact on our own bottom line as a company, in consideration, we are for the first time in GOHE history providing a clear path toward revenue and anticipated future profitability, this also positively impacts the bottom line of the businesses we serve. Our intent and daily objective continues to be in capturing as much of the market of this multi-billion-dollar industry as possible, and with the success and triumphs we continue to achieve on a month-to-month basis, and in recognizing the continued adoption of our system I remain firm in my belief that MTrac is on the path towards becoming the most trusted ...