Global Payout Inc. has invested with promising success in developing and implementing a Consolidated Payment Gateway (CPG) allowing enterprise clients to provide direct bank account, mobile account, and prepaid card account options within compliance, a much needed service in the Cannabis industry.
STOCK SYMBOL: GOHE
Global Payout, Inc.
ABOUT GLOBAL PAYOUT, INC.
Headquartered in San Diego, GOHE is a Public Company providing comprehensive account, car and payment solutions for domestic and international organizations, including private banking account solutions for its recent acquisition of ISBC Holdings Limited. ISBC Holdings Ltd. Is the sole manager for International Sovereign Banking Corporation (“ISBC”); a new, Native American owned Sovereign banking institution (in formation) that has plans to offer new and evolved cloud banking services and product solutions to domestic and international customers. GOHE, through its acquisition of ISBC Holdings, Ltd. will be designing and operating the cloud banking platform interface, including all technical and back office functionality behind the ISBC private banking account and product.
HOW BLOCKCHAINS BENEFIT FINANCIAL SERVICES
GOHE ‘s new launch into the FINTECH industry offers individuals, enterprises and governments the opportunity to allow anyone, anywhere to buy and convert any form of currency or commodity inexpensively compared to the commercial banking industry. GOHE believes that the world’s population is denied access to affordable banking and wants to eliminate expensive currency exchanges and account maintenance fees traditionally charged by banks. GOHE is in the beginning stages of developing a new financial ecosystem that is confident will benefit individuals, companies and governments in all countries of the world.
Recent Developments
· GOHE recently completed a joint venture agreement with Compliance Financial Network Corp. (CFN), an innovative compliance technology and cash logistics company. The Company contends these features will aid in the ability to more effectively manage and mitigate risk as well as comply with all federal, state and county level regulatory requirements. https://finance.yahoo.com/news/global-payouts-majority-owned-subsidiary-104500355.html?soc_src=social-sh&soc_trk=tw
· GOHE announced it has finalized a Customized Licensing Agreement for the use and exclusive white labeling of its Global Reserve Platform with companies Trade & Service LTD (“CTS”), a London based VAT Recovery and FOREX processing service provider. http://finance.yahoo.com/news/global-payout-inc-bolsters-suite-104500677.html?soc_src=hl-viewer&soc_trk=tw
· GOHE announced that its majority owned subsidiary, MoneyTrac Technology, Inc., completed a Letter of Intent and business development relationship with PotSaver™, a Southern California based community periodical providing listings on discounted cannabis-related products for local dispensaries and shops. https://finance.yahoo.com/news/global-payout-announces-majority-owned-104500651.html
· GOHE announced it received an investment of $250,000 in exchange for 15% of MoneyTrac Technology, Inc. (“MTT”), its subsidiary, by Marijuana Company of America (OTC: MCOA)
MCOA made this investment to help establish and market MTT as an alternative banking solution for the cannabis industry. MoneyTrac ™ software has the ability to integrate and streamline electronic payment processing, such as E-Wallet and mobile applications, as well as manage and process prepaid cards, debit cards, and credit card payments. https://finance.yahoo.com/news/marijuana-company-america-completes-250-113000968.html
· Global Payout, Inc. and MoneyTrac Technology Enter the Multi-Billion Dollar CBD Market through their Agreement with H Smart, Inc. for the use of MTRAC's financial technology platform. The technology available in MTRAC's platform, via software developed and provided by Virtu Network Solutions, will be utilized by H Smart for payment of commissions to H Smart's affiliates. GOHE projects that these load payments and bank account transfers will generate substantial revenue to MTRAC that will be realized this fiscal quarter. https://finance.yahoo.com/news/global-payout-inc-moneytrac-technology-123000600.html
Global Payout, Inc.
1835 Sunset Cliffs Blvd
Suite 202
San Diego, CA 92107
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