MTrac Begins Point of Sale Integrations to Facilitate Mass Market Adoption
January 10 2019 - 8:30AM
InvestorsHub NewsWire
MTrac Begins Point of Sale Integrations to
Facilitate Mass Market Adoption
San
Diego, CA -- January 10, 2018 -- InvestorsHub NewsWire -- Global
Payout Inc. (OTCPink:GOHE)
(“Global” or the “Company”) and its wholly owned subsidiary MTrac
Tech Corporation (“MTrac”) are pleased to announce the release of
its system’s API for the purpose of integration with some of the
leading POS companies in the cannabis industry.
The
MTrac team has engaged with several POS companies over the last few
months to discuss integration initiatives. These companies,
responsible for daily uploads of seed to sale tracking data into
each state’s regulatory portal, will now be able to add card
processing to their systems which would merge inventory management
and payment processing into one solution. MTrac’s ability to
integrate with industry leading POS companies will deliver further
compliance and seamless transactions to dispensaries, improving all
stakeholders’ comprehensive value positions.
“Since our initial launch in October, we knew
early on the value of getting our API ready for POS integrations,
and we are thrilled to be taking the next steps toward making these
integration initiatives a reality.” Said Jason LeBlanc, COO of
MTrac Tech “The value of integrations cannot be overstated. This is
the moment when the paradigm shifts and together, with our future
integration partners, we have an opportunity to bring legitimacy to
the cannabis industry by offering solutions as a regulatory tool
through enhanced transparency, security, and compliance.”
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. 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.
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 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,"
"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 disclosed on the OTC
Markets.com website.
Media
Contacts:
Global Payout,
Inc.
www.globalpayout.com
(702) 790-2511 Ext. 101
Ir@globalpayout.com
MTrac Tech Corp.
www.Mtractech.com
(702) 790-2511 Ext. 101
ir@mtractechcorp.com
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