Headquartered in California, Global Payout provides customized and conventional mass payment solutions to organizations, businesses, corporations, and government agencies worldwide. Global Payout offers a comprehensive range of payment solutions for its user base, including a proprietary Consolidated Payment Gateway, prepaid debit card solutions (which include MasterCard, Visa, and Discover), and other customizable payment solutions.
These payment solutions enable issuers to distribute funds and consumers with or without bank accounts to access and use funds on a global basis for payroll purposes, vendor payments, rebate collections, and general spending. Global Payout also enables its user base to transfer funds to bank accounts, credit cards, and debit cards worldwide. For increasing user accessibility to these payment solutions, Global Payout utilizes an extensive global network of banks and processing partners. With these relationships in hand, the company can tailor payment solutions to fit any client need, from deploying a specific payment solution for a client’s unique needs to solving a single payment issue or overcoming the challenges of meeting an entire global requirement.
To date, the World Bank estimates there are 2.5 billion underbanked or unbanked adults worldwide, or adults who do not own a bank account or utilize less-traditional financial services for their needs. As the world grows more interconnected, demand for efficient international e-commerce channels increases along with it. On top of its payment solutions, Global Payout is well-positioned for meeting this growing demand with an experienced, forward-thinking leadership team at its helm.
At the head of Global Payout is Jim Hancock, company CEO and Director. Before Global Payout, Mr. Hancock held many senior management, sales development, and investment banking positions since his business career commenced some 36 years ago. Mr. Hancock holds many achievements in his broad professional career, including:
• As CEO of Partner Management Company, an investment management company, helping PMC raise and manage over $25 million of invested funds with an average rate of return of 12%
• While President of American Comtel Corporation, a telecommunications company, procuring and maintaining a nationwide government contract of $28 million
• Serving in leadership positions or key professional roles with various payment solution companies, including Global Links Corp., Electronic Exchange Systems, and Continuum Payment Solutions, Inc.
• Launching 32 custom-designed prepaid debit card programs while at Global Links
Mr. Hancock holds a Bachelor of Business Administration degree from Southern Methodist University and a Juris Doctorate degree from the California School of Law.
The other members of Global Payout’s leadership team leverage decades of professional experience in areas including: executive leadership role-building, executive leadership, technical support and sales organization development, global sales development, international banking, debit card issuing and processing, eWallet systems, cross border remittance, mobile payment applications, investment advisement and involvement in a range of financial markets and industries, banking automation, new banking technologies, new banking technologies and markets innovation, marketing, technology innovation, operational finessing, logistics coordination, client retention, and more.
For more information about Global Payout, please visit: www.globalpayout.com
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