MoneyTrac Technology, Inc. Secures Revenue Opportunity with Definitive Referral and Consultant Partnership Agreement with Gre...
December 07 2017 - 8:30AM
InvestorsHub NewsWire
MoneyTrac Technology, Inc. Secures Revenue Opportunity with
Definitive Referral and Consultant Partnership Agreement with
GreenR
San Diego, CA -- December 07, 2017 -- InvestorsHub NewsWire --
Global Payout, Inc. (OTCPink:
GOHE) (“Global”) is pleased to announce that its majority owned
subsidiary, MoneyTrac Technology, Inc. (“MTRAC”, the “Company”) has
secured a definitive Referral Partnership Agreement with GreenRush
Group, Inc. (“greenRush”). This agreement will provide MTRAC with a
direct source of revenue from the referral of cannabis-related
businesses who secure a contract with greenRush for the use of
their e-commerce payment platform, and Green Label Platform.
The Agreement further solidifies the ongoing partnership between
MTRAC and greenRush that was established in May of this year. As
MTRAC continues establishing new partnerships with businesses
throughout the cannabis industry who are eager to be introduced to
various e-commerce platforms, such as that offered by greenRush, it
is maximizing consumer exposure and streamlining e-commerce
capabilities. The terms of the Agreement also provide MTRAC with an
opportunity to earn recurring revenue commissions from e-commerce
transaction activity conducted on the greenRush platform involving
businesses referred to greenRush by MTRAC.
MTRAC COO, Vanessa Luna said: “The greenRush e-commerce platform is
truly ahead of anything else in our industry today and is one of
the most valuable resources available to dispensaries and other
companies and brands who need an effective platform to market and
sell their products for both B2C and B2B purposes. This agreement
will give us an opportunity to contribute to the growth of
greenRush through our referrals and will also play a vital role in
the growth and success of our existing and future clients and
partners as we work with them to leverage the resources available
through the greenRush platform.”
MTRAC also believes that this agreement should produce revenue
earnings for the Company as early as the 1st quarter of
2018 from several already executed referral agreements. In
addition, they are currently in the process of directing multiple
referrals and brand labels to greenRush, which should result in a
steady source of revenue throughout 2018.
MTAC continues to streamline their network of relationships in its
pursuit of e-commerce, payment platforms, and the ability to bring
compliant and resourceful payment alternatives to this expanding
industry.
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. is a pioneer in offering a full-service
solution for alternative banking and electronic financial solutions
and provides all aspects of financial technology including E-Wallet
and mobile apps services for businesses and companies in various
"high-risk" industries. MoneyTrac's technology platform allows for
its clients to access their financial information from anywhere in
the world, in addition to providing tracking and compliance to help
them manage and control the flow of all revenue through their
business.
About Green Rush Group
GreenRush is a technology and marketing platform that helps
facilitate the delivery of cannabis products to patients.
From access to new dispensaries, to a simple one-time verification
process, GreenRush’s proprietary technology offers unique solutions
providing a superior patient experience. GreenRush is rapidly
expanding to all states where medicinal cannabis is legal.
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
619.795.5180 Office
Information@GlobalPayout.com
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