Business
MTRAC Goes Live: Mobile App is Now Available in Apple and Android Markets
MTRAC Goes Live: Mobile App is Now Available in Apple and Android Markets.
About this update from Psyc Corporation
[{"type":"text","content":"\nSAN DIEGO, June 28, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE--Global Payout Inc. (OTCPink:GOHE) (“Global”) is pleased to announce that their wholly owned subsidiary MTrac Tech Corp. (“MTrac”) has officially launched the MTrac App, powered by GreenBox POS (OTCQB:GRBX) technology, and it is now available for download in both the Apple and Android marketplaces. The app serves as an integral component to the innovative MTrac payment platform and ecosystem that aims to become “The Key to Cashless™” for merchants operating throughout a variety of emerging “high-cost” and otherwise perceived as “alternative” market sectors.  \n With the MTrac app, consumers can load funds to an eWallet with cash, credit, or debit card using an in-store kiosk licensed from GreenBox POS (“GRBX”) at participating merchant locations, or conveniently load funds with their credit or debit card directly to the app. For future versions of the app the intent is to include an option to load funds directly from a bank account, as well as provide consumers with more options to exit the ecosystem. Customer wallets are protected by two-factor authentication for added security, and offer the ability to check one’s balance, transaction history, and seamlessly make purchases at merchant locations. From a merchant perspective, the app serves as an additional, and highly-convenient tool for them to securely track all sales in real-time through a ledger that cannot be modified, and pay employees, vendors and local government taxes all within the intuitive, and cashless MTrac ecosystem. It also significantly reduces the amount of cash on-hand within their retail location which has become a serious safety, security, and logistics concern for the hundreds of thousand merchants operating in various market sectors that are limited with payment processing options outside of cash. “Cash and high fees or cost of business remains at the core of challenges that so many merchants operating in a variety of different high-risk retail sectors face on a daily basis,” said Global Payout CEO, Vanessa Luna. “The launch of the MTrac app represents another important milestone with the steady progress we continue to make bringing MTrac into the mainstream. I am absolutely excited ...