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Global Payout Launches Military Payroll Debit Card from Tyburn Group


News provided by

Global Payout, Inc.

Jul 12, 2011, 08:25 ET

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SAN DIEGO, July 12, 2011 /PRNewswire/ -- Global Payout, Inc. (Pink Sheets: GOHE) is introducing a payroll debit card specifically developed for active military personnel and their families.  In addition, anyone with a valid U.S. address and proper identification is eligible for the card.  As a reseller for the Tyburn Group, Global Payout will be marketing the military card through various direct marketing channels.  The "TrustCard" is a payroll card designed to support the daily needs of armed services families.  The TrustCard is backed by a leading national bank, with deposits guaranteed by the FDIC.  Chris Haigh, Chief Executive Officer of the Tyburn Group, remarked, "Global Payout brings an integrated marketing approach and various opportunities to this program which will help us introduce the TrustCard to market."  

Cardholders can have their pay direct deposited to the TrustCard, so he/she and family members can buy groceries, go shopping, pay utilities, withdraw cash, or set up automatic bill pay.  The Trust payroll card will eliminate the debt associated with credit cards and the penalty charges for insufficient funds. Service men and women can access their account online or via cell phone to pay bills, transfer money and review account activity and card balance.  Bill Rochfort, Executive Vice President of Sales & Marketing at Global Payout, added, "This is the first U.S.-based prepaid card that is specifically geared to the brave men and women serving our country.  We're excited to be a part of it."

The TrustCard has separate card designs for each branch of service and military personnel can add a family TrustCard to share and manage money within their family.  To learn more about the TrustCard payroll card, please visit www.patriottrustcard.com.

About Tyburn Group, Inc.:

The Tyburn Group, www.tyburngroup.com, located in San Francisco, California, has been creating and delivering prepaid card programs using the latest technology for their global customers since 2007.  Tyburn has banking relationships and processing services, as well as the understanding of all regulations and requirements to get prepaid debit card programs to market.

About Global Payout, Inc.:

Global Payout, Inc., www.globalpayout.com, headquartered in San Diego, California, is an international independent sales organization offering multi-national companies electronic payment and prepaid debit card solutions. Through Global Payout's processors and solution providers, the company offers an international payment platform allowing accountholders to move money to personal bank accounts in over 200 countries. In addition, the company provides for U.S. and international debit cards, allowing accountholders without bank accounts to access funds worldwide. As a program manager and reseller, Global Payout is a provider of prepaid debit cards in the U.S. for payroll and general spend programs.

Forward-Looking Statements Disclosure:

This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, award looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will" and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risk, and uncertainties, and by reference to the underlying assumptions.

SOURCE Global Payout, Inc.

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