Global Payout Adds Financial Education To MoneyTrac Prepaid Debit Card

SAN DIEGO, June 27, 2012 /PRNewswire/ -- Global Payout, Inc. (PINKSHEETS: GOHE), a leading provider of electronic payment and prepaid debit card solutions, has agreed with William K. Busch, CFP, author of The Money Ride, to begin offering financial literacy education to cardholders of the MoneyTrac Prepaid Debit Cards.  Global Payout endeavors to support financial literacy for all un-banked and under-banked individuals by offering free financial education to all MoneyTrac cardholders.  All cardholders will receive financial tips and tools on handling their everyday finances as well as exclusive interactive webinars on a variety of personal finance topics. Cardholders will receive a compelling explanation of how, throughout life, by using the principles and techniques from The Money Ride, one can make smart money decisions.  The author, William K. Busch, CFP is customizing a financial education curriculum built around his unique "Opportunity Vest" concept, designed to help cardholders with two important jobs: Organizing Your Money and Using Your Money.  Global Payout anticipates launching its new MoneyTrac Prepaid Debit Cards on July 10, 2012.

"The ability to launch a prepaid debit card tied to financial literacy is a significant advantage for our under-banked cardholders," stated Jim Hancock, Global Payout Chief Executive Officer.  "The Money Ride is also a fantastic financial resource for both young adults and individuals who are rebuilding their financial credentials because of economic hardship."

William K. Busch, CFP says, "The prepaid debit card is an excellent tool for achieving and maintaining financial self reliance. The Money Ride/MoneyTrac partnership will enable people to combine their money I.Q. with hands-on cash flow access to develop successful money behaviors for financial success."

About Global Payout, Inc.:

Global Payout, Inc., www.globalpayout.com, headquartered in San Diego, California, is a management consultant services company 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 international bank accounts and prepaid debit cards. In addition, the company provides for U.S. and international debit cards, allowing accountholders without bank accounts to access funds worldwide. As program manager and reseller, Global, is a provider of prepaid debit cards in the U.S. for payroll and general spend programs.

About William K. Busch, Author of The Money Ride

William K. Busch, CFP is a financial advisor, educator, author and speaker.  Bill has been a financial advisor for 28 years, helping people make smart money decisions in dealing with a variety of personal, business & estate planning issues and concerns.  He also has a background in education as a high school and community college business teacher.  Bill presents his Money Ride www.moneyride.com financial literacy approach at schools and community groups to share his message of financial self-reliance. Bill lives in San Diego, California.

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.

CONTACT:
Joe Sebo, Chief Financial Officer
[email protected]
Global Payout, Inc.
T.760.433.3399
F.215.294.4626
www.globalpayout.com

For further investor information please contact:
Stephen D. Axelrod, CFA
[email protected]
Adam Lowensteiner
[email protected]
Wolfe Axelrod Weinberger Associates LLC.
T. 212.370.4500

SOURCE Global Payout, Inc.