Global Payout Secures First Of Many New Contracts For 2014 And Predicts Breakout Year Younique GmbH Executes Agreement To Implement Global Payout's Proprietary MoneyTrac™ Consolidated Payment Gateway
SAN DIEGO, Jan. 14, 2014 /PRNewswire/ -- Global Payout, Inc. (OTC: GOHE) announced today that it has received its first contract for 2014, an international client, Younique GmbH of Switzerland. The company is also forecasting that this will be the first of many new contracts and many new international clients expected for both the first quarter of 2014, and throughout the rest of the year. Global Payout also announced that they are expecting 2014 to become their breakout year in number of new clients, the number of services sold, the number of payment cards issued, and in the amount of revenues earned.
The contract with Younique GmbH is for use of Global Payout's proprietary MoneyTrac™ Consolidated Payment Gateway which enables Younique GmbH's members to access and manage their earnings. Younique GmbH is headquartered in Kantons St. Gallen. The company offers programs for buying, selling, and storing Swiss certified precious metals and coaching programs. More specifically, Younique GmbH is a service provider of educational programs and Swiss London Bullion Market certified gold and silver religious collectibles and small ingot bars. Younique GmbH sells precious metals under the trade name of Swiss Gold Global ("SGG"). Global Payout will provide each SGG affiliate with an electronic wallet to receive commission payouts and sales proceeds on a daily, weekly or monthly basis. SGG expects to have up to three thousand regular members within 1 year, with current membership targeted geographically for Europe and the Caribbean. The Consolidated Payment Gateway ("CPG") will enable SGG affiliates to access cash without the expense and time lag of receiving and depositing checks, mail or wire transfer. SGG members will now be able to access their payouts through their bank account or at any ATM on the same day of commission payments. In addition, the CPG offers an option for each member to request an International or Domestic Prepaid Card which is linked to their electronic wallet account. The account can also be used to purchase SGG products directly.
"We are fortunate to provide all of Younique GmbH payout requirements, and anticipate adding additional international regions based upon their growth for 2015 and 2016," says James L. Hancock, CEO, Global Payout, Inc. "And we are also looking forward to an incredibly busy year. The company is currently negotiating with several international and domestic companies for our wide array of payment solutions. And we are optimistic that we offer one of the most complete, economical and easy to use solutions in the industry."
"Our members will be extremely pleased to know that they can access their commissions on the Gateway platform," says William Rowell, Founder and CEO of Younique GmbH. "This payment solution will greatly assist our members in receiving timely and secure payments."
About Global Payout, Inc.
Global Payout, Inc., www.globalpayout.com, headquartered in San Diego, California, is a management consultant services company and program manager offering companies electronic payment and prepaid card solutions. Global Payout has a product line of prepaid products that can be utilized off the shelf or the company can customize payment solutions for qualified businesses. Through Global Payout's processors and solution providers, the company offers both international and domestic payment solutions. The company provides for U.S. and international prepaid cards allowing account holders without bank accounts to access funds worldwide. As program manager, reseller and consultant, Global Payout is a provider of prepaid cards in the U.S. for payroll and general spend programs. Additionally, Global Payout offers an electronic payment platform that will allow transfer of money to bank accounts, credit and debit cards, prepaid cards and remittance locations, worldwide.
About Younique GmbH
Younique GmbH, DBA Swiss Gold Global, www.swissgoldglobal.com, headquartered in Kantons St. Gallen, Switzerland, and has membership primarily in Central Europe. The company offers wealth consulting educational services and gold and silver precious metals program through a London Bullion Market Association certified Swiss refiner.
Forward-Looking Statements Disclosure:
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward 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.