SAN DIEGO, April 16, 2013 /PRNewswire/ -- Global Payout, Inc. (OTC Pink: GOHE) is launching its newly designed MoneyTrac™ Consolidated Payment Gateway on April 16, 2013. Through its licensing agreement with Intradata Solutions, Global Payout will begin implementing and managing a payout platform that allows companies to load online accounts with payroll, commissions or rebates for U.S. and international accountholders. The core platform was initially developed as a banking platform for several Fortune 500 corporations. Global Payout has integrated more functionality for the end-user to access and manage their funds on a real time basis while also enhancing the payout capability for multi-national companies.
Accountholders of the MoneyTrac™ Consolidated Payment Gateway will be able to easily access their online account and choose how to access their funds through three transfer options. First, transfers can be made to their bank account. Second, accountholders can transfer funds to any credit or debit card, worldwide. And finally, accountholders can choose to gain immediate access to funds by loading to their domestic or international prepaid card that can be ordered directly from their online account.
To view an instructional video of the MoneyTrac™ Consolidated Payment Gateway go to:
Monthly gross revenue from all transactions on the MoneyTrac Consolidated Payment Gateway will commence in the second quarter 2013.
"With the continued development and licensing support of Intradata Solutions, we have worked diligently over the last 10 months to develop the most efficient payout gateway in our industry," says Jim Hancock, CEO of Global Payout, Inc. "We are anticipating a significant increase in revenue from the payment gateway in the third and fourth quarters of 2013."
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 and remittance locations, worldwide.
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.
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SOURCE Global Payout, Inc.