Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that its majority owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”), has successfully sold the front cover of PotSaver’s premier Los Angeles edition, which is slated for release and mass distribution on January 1, 2018. “We are thrilled to have completed the sale of PotSaver’s premiere Los Angeles edition,” Vanessa Luna, COO of MTRAC, stated in the news release. “With the new recreational law going into effect at the turn of the new year, we are truly in the most exciting, but also crucial time in this industry’s young history. By securing their spot on our front cover, HGMG will be placing themselves and their products in front of the eyes of thousands of potentially new customers who will be as motivated and eager as ever to explore everything this market has to offer as soon as it becomes legal on a recreational basis in the new year.” Per the update, Global Payout expects this expansion into the Californian market to generate “considerable revenue” in 2018.
To view the full press release, visit http://cnw.fm/0RdS7
About Global Payout, Inc.
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. For more information, visit www.GlobalPayout.com
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