SAN DIEGO, April 12, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Global Payout Inc. (OTCPink:GOHE) ("Global") is
pleased to announce that, MoneyTrac Technology, Inc. ("MTRAC", the "Company"), of which Global is a significant shareholder
(currently 18% ownership) announced today that it has begun accepting applications from qualified merchants operating within a
variety of "alternative" and "high-cost" industries for the use of the MTRAC payment platform that is powered by GreenBox
blockchain technology and which serves as the foundation of the Company's "Key to CashlessTM" service platform.
In preparation for the official launch of the MTRAC payment platform, the Company has positioned a demo kiosk in its corporate
sales office located in Ocean Beach, CA and is currently showcasing the platform to interested merchants and companies by
appointment only. The MoneyTrac sales team is also currently at full force to help facilitate the anticipated successful launch of
MTRAC across multiple markets in California as well as other states where recreational cannabis is legal and where legally
compliant businesses are in dire need of viable solutions that are designed to remove cash from their day-to-day operations.
Additionally, the Company is in talks with several local municipalities to implement the MTRAC payment system as the preferred
method for licensed dispensaries in their jurisdictions as it offers one of the most effective cashless alternatives to these
businesses and in a manner that meets all compliance and regulatory requirements.
Said MTRAC CEO, Vanessa Luna: "This launch represents the culmination of the work our team has been doing over the last year and
a half. We are extremely excited to be getting this payment platform off the ground and we plan to pay special attention to
marketing and recruiting local governments and municipalities to adopt the technology as a means for both regulating legal cannabis
sales and tracking it for tax purposes. The power of this payment system cannot be overstated, it is a one-of-a-kind service
offering that no other company can match, offering cashless transactions, inventory tracking, fully integrated Point of Sale and
one click payroll capabilities and is very much the solution the cannabis industry has been waiting for."
About Global Payout, Inc. (OTC Pink:GOHE)
Since the Company's inception in 2009, Global Payout, Inc. 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.
About MoneyTrac Technology
MoneyTrac Technology, Inc. (MTRAC) is a "New Age Technology Holding Company" offering a full-service solution
for alternative banking and electronic financial marketplace with technology offerings including Payment Platform, Blockchain,
Crypto-Commodity Exchange, Compliance, POS, E-Wallet, Mobile Application and Digital Payment Solutions for businesses and companies
in various "high-costs of banking" industries. MTRAC offers additional suites of services ranging from business development, sales
and marketing, to digital and print advertisement. We are One Network disrupting the status quo. It is MTRAC'S creative vision to
create a "The New Age of Currency" by bringing innovative technology solutions to various industries and providing the "Key to
CashlessTM".
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking
statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing,"
"plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable
terminology, although 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 at, or by, which such performance or
results will be achieved. Forward-looking statements are based on information available at the time the statements are made and
involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or
achievements to be materially different from the information expressed or implied by the forward-looking statements in this press
release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of
the Securities and Exchange Commission at www.sec.gov.
Public Relations and Media Contact:
Global Payout
www.GlobalPayout.com
619.795.5810 Office
Information@GlobalPayout.com
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