Global Payout (OTC: GOHE) recently announced the execution of a license agreement with GreenBox POS (OTC: GRBX) to utilize its innovative blockchain payment technology in providing payments to various industries that have been classified as low and high-risk by traditional merchant processors. MTrac Tech Corp., a wholly-owned subsidiary of GOHE, holds an exclusive licensing agreement with GreenBox for specific industries. “While the last year has been dedicated to the development and launch of MTrac, we have also been planning to expand the reach of Global Payout for some time,” MTrac CEO Vanessa Luna stated in the news release. “The extension of the license for Global Payout provides another revenue stream to the company and offers us the opportunity to expand into other markets that lack consistent and reliable merchant processing. Further, I believe this relationship will offer the general public the ability to use the ledger technology of Blockchain in a salient way and can showcase how this technology can be use in a multitude of ways to solve many of the issues plaguing the financial services industry. The immutable ledger and tracking features allow unparalleled security and transparency that just isn’t available through other payment platforms, and we are extremely excited to bring this system to the mass market.”
To view the full press release, visit http://ccw.fm/dKH3y
About Global Payout, Inc.
From 2014 to 2017 Global focused on identifying new state of the art technologies in a variety of industry sectors and successfully helped launch MoneyTrac Technology Inc. and other companies within the FinTech space. In 2018, Global completed a reverse triangular merger with MoneyTrac Technology Inc. resulting in Global retaining the wholly owned subsidiary, MTrac Tech Corporation. Global’s current focus is continuing to identify new business opportunities while it reorganizes its future business endeavors. For more information, visit the company’s website at www.GlobalPayout.com.
More from CryptoNewsBreaks
About CryptoCurrency Wire (“CCW”)
CryptoCurrency Wire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.
To receive instant SMS alerts, text CRYPTO to 888-902-4192 (U.S. Mobile Phones Only)
CryptoCurrency News Wire is where News, content and information converge via Crypto.
For more information, please visit https://www.cryptocurrencywire.com
Please see full terms of use and disclaimers on the CryptoCurrency Wire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer
CryptoCurrency Wire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com
