Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning said that its majority-owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”), is exploring potential strategic partnership opportunities in the cannabis banking sector. In an effort to exploit a severely underserved market, MTRAC is in the process of evaluating various entities that engage in helping banking organizations become compliant with state cannabis regulations, and is highly interested in securing partnerships with established compliance financial organizations.
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About Global Payout, Inc.
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. For more information, visit www.GlobalPayout.com.
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