MTrac Team Attends MJ BizCon, Showcases New Payment Platform for 2020
December 11 2019 - 8:00AM
InvestorsHub NewsWire
MTrac Team Attends MJ BizCon, Showcases New
Payment Platform for 2020
SAN
DIEGO, CA -- December 11, 2019 -- InvestorsHub NewsWire
-- Global Payout Inc. (OTCPink:GOHE)
(“Global” or the “Company”) is pleased to announce that for the
second consecutive year MTrac will be in attendance at the
Marijuana Business Conference (“MJBizCon”) held at the Las Vegas
Convention Center in Las Vegas, NV. The conference is recognized as
the world’s largest cannabis industry B2B event and brings together
thousands of attendees from all sectors of the emerging cannabis
industry.
At
this year’s event MTrac will showcase a sneak peek at the MTrac
2020 payment processing platform that is intended for release to
both new and existing merchants in early Q1 of 2020. Attendees will
be able to view live demos of the new, and vastly improved, MTrac
system that is being developed to meet all current compliance and
regulatory requirements within the highly regulated and challenging
sector of payment processing in cannabis. In addition to offering
intuitive front and backend features not currently available
through other solutions, the system maintains a truly cashless
environment for both consumers and
merchants.
“In
the time that has passed since we attended this event last year we
have grown tremendously as a company and have withstood our fair
share of challenges along the way,” said MTrac Executive VP David
Flores. “Nevertheless, we have taken these challenges in stride,
have learned from them, and have leveraged our experiences, both
good and bad, to help develop the MTrac 2020 system that we are
excited to feature at this year’s MJBizCon. We are also proud to
demonstrate to the industry that we remain more committed than ever
to delivering a solution that is robust in features, fully
compliant, and promotes safety by being 100% cashless, upholding
our longstanding objective of being the “Key to Cashless®” in the
high-risk market sector.”
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
Cashless®.”
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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