Global Payout, Inc. Bolsters Its Suite of Software Technology Services with Release of the Global Reserve Platform
SAN DIEGO, CA--(Marketwired - May 11, 2017) - Global Payout, Inc. (OTC PINK: GOHE) (the "Company") is pleased to announce the
release of the Global Reserve Platform ("GRP").
Designed to be a fully configurable, "banking-in-a-box" web-based platform, the GRP provides the capability to fulfill the
front-to-back office processing requirements of domestic, foreign exchange and international payment service providers. The GRP
also offers solutions that provide the potential for enterprises to improve work flow, operational efficiencies, and global
financial management.
As Fintech continues to play a more prominent role in maximizing productivity and efficiency for enterprises across a
multitude of business sectors, the Company contends that the technology software available through the GRP can be a powerful
solution for many of its clients within its core market segments of logistics, banking, small and medium enterprises ("SME") and
global travel.
"It's hard to not take notice of the vast improvements Fintech is driving in today's global economic market," said Global
Payout, Inc. CEO, James Hancock. "The technology we have put into the GRP is designed to improve and enhance the way
enterprises within our core market segments perform business on a day-to-day basis. For example, the single-payment platform we
developed for logistics and shipping enterprises addresses each stage of the logistics supply chain and can completely streamline
the payment process throughout each of these stages while also providing an opportunity for suppliers and drivers to receive
payment faster than ever before," Mr. Hancock further remarked.
The Company remains active in its efforts to identify potential clients within its core market segments and where it believes
the GRP can be leveraged most effectively.
"We believe our team here at Global Payout is at the forefront of the Fintech revolution with the technologies and solutions
we are developing," said Company President, William Rochfort. "Much of the past several months have been spent studying and
dissecting the many different challenges enterprises in our core market segments are faced with and then asking ourselves how the
GRP can be configured to manage and overcome them more efficiently," Mr. Rochfort commented further. "This is truly an exciting
time for our company as we are now ready to implement the GRP into real market arenas where we believe it has the potential to
become a valuable tool for many different enterprises."
About Global Payout, Inc.
Since the Company's inception in 2009, Global Payout, Inc., www.globalpayout.com,
has been a leading provider of comprehensive and customized prepaid payment solutions for domestic and international
organizations distributing money worldwide. In 2014, Global introduced its first online payment platform called the Consolidated
Payment Gateway (CPG), which allowed its enterprise clients to transfer money to international bank accounts, mobile accounts,
and prepaid card accounts. The development of the CPG became the foundation for the introduction of its new, state of the art
FINTECH payment system in 2017, for both online and mobile applications to allow account holders to maximize an expanded suite of
financial services and minimize operational costs. Global will continue to offer their FINTECH payment system to many vertical
markets for support of foreign currency exchange and digital currency, including ongoing support of the banking industry and
international governments.
Forward-Looking Statements: Except for historical matters contained herein, statements made in this press release are
forward-looking statements. Without limiting the generality of the foregoing, words such as "may", "will", "to", "plan",
"expect", "believe", "anticipate", "intend", "could", "would", "estimate", or "continue", or the negative other variations
thereof or comparable terminology are intended to identify forward-looking statements. Forward-looking statements involve known
and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be
materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.
Also, forward-looking statements represent our management's beliefs and assumptions only as of the date hereof. Except as
required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual
results could differ materially from those anticipated in these forward-looking statements, even if new information becomes
available in the future.