MTrac Signs The Healing Center to MTrac Payment Platform
August 15 2018 - 8:00AM
InvestorsHub NewsWire
MTrac Signs The Healing Center to MTrac Payment
Platform
San Diego, CA --
August 15, 2018 -- InvestorsHub NewsWire -- Global Payout Inc.
(OTCPink:GOHE)
(“Global”) is pleased to
announce that it has successfully signed and begun implementing one
of San Diego’s premier dispensaries, The Healing Center (THC) and
is expected to go live with MTrac by the end of the week. The MTrac
team held its first training session with the THC staff to use the
platform and will be on site to promote MTrac and engage the THC
client base directly. Additionally, the Company has two more
dispensaries officially signed who will be going live in the coming
weeks, and two more in various stages of the application process.
The Company believes this represents the beginning of a large push
in the San Diego cannabis market that will grow significantly over
the coming months, and will include not only dispensaries, but also
the vendors that provide products to
them.
"We are experiencing
a very strong momentum in our local market based on our team’s
incredible effort to get our message out to the industry,” said
Aaron Adler, Global Payout CRO. “We had an amazing presence at the
NCIA Cannabis Business Summit Expo in San Jose last month and have
been riding a wave of energy and interest in our solutions ever
since. Once we show the security and compliance features of the
system, our merchants see the potential of such a flexible and
accessible platform and walk away from demos very excited. The
truth is cash is not very secure compared to digital blockchain
payments, and aside from just the payments, the transactions ledger
and the ability to process all business expenditures out of the
merchant wallet make it an ideal solution for the cannabis
industry.”
MTrac plans to
continue to announce significant milestones in the roll out of the
MTrac Platform. The Company expects significant growth through the
end of the year and will continue to apprise the shareholders of
its progress.
About Global Payout,
Inc. (OTC
Pink:GOHE)
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 owns subsidiary, MTrac Tech Corporation. Global’s
current focus is continuing to identify new business opportunities
while it reorganizes its future business
endeavors.
About MTrac Tech Corp.
MTrac Tech Corporation. a Nevada Corporation is a privately held
wholly owned subsidiary of Global Payout, Inc. MTrac is a software
technology, sales and marketing, and business development company
focused on “high risk” and “high cost” industries. The Company’s
flagship product is the MTRAC payment platform offering a
full-service solution for alternative banking and electronic
financial marketplace with technology offerings including Payment
Platform, Blockchain, Compliance, POS, E-Wallet, Mobile Application
and Digital Payment Solutions. We are one network disrupting the
status quo. It is MTRAC’S creative vision through the use of its
innovative technology solution to become the premier service
provider offering 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,"
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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 disclosed on the OTC
Markets.com website.
Public Relations and Media Contact:
Global Payout
www.GlobalPayout.com
619.930.5522 Office
Information@GlobalPayout.com
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