SAN DIEGO, 24 December 2018 (GLOBE NEWSWIRE) – via OTC PR WIRE – Global Payout (OTCPink: GOHE) ("Global" or "the Company") is pleased to announce the execution of a license agreement with GreenBox POS (OTC: GRBX) for its innovative blockchain payment technology for use in a variety of business sectors. The 100% subsidiary of the company, MTrac Tech Corp., has entered into an exclusive licensing agreement with GreenBox POS for certain types of industries and now Global will also be able to use its technology to provide payments to a range of other industries. considered both low and high risk by traditional commercial processors.
"While the last year was dedicated to the development and launch of MTrac, we also planned to expand the reach of the Global Payout for some time," said Global Payout, CEO Vanessa Luna. "The extension of the license for Global Payout provides another revenue stream for the Company and offers us the opportunity to expand into other markets that do not have a consistent and reliable merchant processing. that this report will give the public the opportunity to use Blockchain's accounting technology significantly and show how this technology can be used in many ways to solve many of the problems affecting the financial services industry. Monitoring allow unprecedented security and transparency that are not available through other payment platforms and we are extremely excited to bring this system to the mass market. "GreenBox is an amazing company and working together with their executive management team to making this agreement was a real pleasure, we can not see what time it is there is the new year and we make many fantastic things with the license ".
About Global Payout, Inc. (Rosa OTC: GOHE)
From 2014 to 2017, Global focused on identifying new technologies at the forefront of a variety of industrial sectors and successfully contributing to the launch of MoneyTrac Technology Inc. and other companies within the space FinTech. In 2018, Global completed an inverse triangular merger with MoneyTrac Technology Inc., which led Global to hold the wholly-owned subsidiary, MTrac Tech Corporation. The current goal of Global is to continue to identify new business opportunities while reorganizing its future business endeavors.
About MTrac Tech Corp.
MTrac Tech Corporation. a Nevada Corporation is a wholly owned subsidiary of Global Payout, Inc. MTrac is a software technology company, sales and marketing and business development focused on "high risk" and "high cost" industries. The flagship product of the company is the MTrac payment platform that offers a full-service solution with technology offerings that include the payment platform, Blockchain, Compliance, POS, E-Wallet, mobile applications and digital payment solutions. It is the creative vision of MTRAC through the use of its innovative technological solution to become the main service provider offering the "Key for Cashless"TM"
Information about GreenBox POS, LLC:
GreenBox POS ("GRBX") is an innovative technology company that creates customized payment solutions for a multitude of industries. The company has developed the fastest and most secure way to send and process money using Blockchain technology. The company received 5 provisional patents for its technology. GreenBox POS develops the following main products: POS (point of sale software and hardware solutions); DEL (delivery app, API to POS and PAY); PAY (payment app, providing financial APIs to all other components); KIOSK (deposit, cash and electronic portfolio management). All products, services and custom hardware are now available from GRBX. GRBX is headquartered in California with offices in Seattle, WA; Las Vegas, NV; Vancouver, BC, Canada; and headquarters in San Diego, California.
For more information, visit the company's website at https://www.greenboxpos.com/
Forward Statement Statement of Disclaimer:
This press release contains forward-looking statements pursuant to Section 27A of the Securities Act of 1933, as amended, and of Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements with the following words: "anticipate", "believe", "continue", "could", "estimate", "expect", "understand", "can", "continue", " "plan", "potential", "foresee", "project", "should", "", "", "or the negative of these terms or other comparable terminology, even if 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 to, or from, that such performance or results will be achieved. Forward-looking statements are based on the information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause results, levels of activity, results or results that are substantially different from the information expressed or implied by the forward-looking statements in this press release. This press release must be considered in the light of all documents filed by the Company that are disclosed on the OTC Markets.com website.
Global Payout, Inc.
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MTrac Tech Corp.
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GreenBox POS, LLC