International Partner to Lead Expansion in Europe
GlobeNewswire - Tue Feb 03, 8:25AM CST
Global Payout, Inc. (OTC Pink: GOHE), an emerging leader in domestic and international payment gateway solutions and mobile payment applications is announcing today that a strategic operator and investor has joint-ventured with Global Payout to head and fund its European unit, Global Funding, Ltd. Effective immediately, European-based Diocles Consult Ltd. (Diocles), Malta, will now lead Global Payout's sponsored Chip and PIN card sales as well as offer Global Payout's Consolidated Payment Gateway (CPG) platform, and other payment technologies throughout Europe and in other select situations. Financial benefit to Global Payout and new customers for Global Funding in Europe will be immediate.
Payment Gateway Platform Expands User Base to Mexico
GlobeNewswire - Tue Jan 27, 10:09AM CST
Global Payout, Inc. (OTC Pink: GOHE), a leading provider of international electronic payment solutions, announced today a new contract award in Mexico from Vizinova S.A. de C.V., a high-tech international e-commerce firm. The contract calls for a variety of payment solutions including the implementation of Global Payout's proprietary Consolidated Payment Gateway platform, International Prepaid MasterCards and U.S. MoneyTrac Prepaid Discover Cards. The initial order of 2,000 cards has been delivered and all 2,000 card activations are nearly complete. Revenue generation has already commenced.
National Wealth Center Contracts For International And Domestic Payment Solutions
GlobeNewswire - Thu Jan 08, 11:19AM CST
Global Payout, Inc. (OTC Pink: GOHE), an emerging leader in international payment solutions, announced today a contract to provide its branded MoneyTrac debit cards domestically, or its Chip and PIN EMV cards internationally, together with its Consolidated Payment Gateway (CPG) solution to the National Wealth Center. The National Wealth Center (NWC) will use Global Payout's CPG to make commission payments electronically to agents around the world whom will be instantly issued a general purpose reloadable debit card depending upon their location. Revenues to Global Payout will be generated from a variety of initial and recurring fees related to the cards and CPG program. The initial order has been received and includes fees for 500 domestic and international debit cards as well as the set-up of Global Payout's proprietary CPG platform. The NWC estimates up to 4,000 cards will be issued and activated with commission payments being made directly to NWC's agents through the CPG portal over the first 12 months of the program.
2015 Tax Season Kicks Off For New Electronic Return Originator Technology
GlobeNewswire - Mon Jan 05, 8:25AM CST
Global Payout, Inc. (OTC Pink: GOHE), an emerging leader in domestic and international payment gateway solutions and mobile payment applications, announces that it has received a new contract with a Certified Public Accounting firm for its rapid refund solution designed specifically for Electronic Return Originators (ERO). As a result, EJ Watson CPA of Florida will utilize Global Payout's Consolidated Payment Gateway (CPG) platform and MoneyTrac Prepaid Debit Cards in combination for a more simplified, expedient and cost-effective method of rapid refund of client tax reimbursements. EJ Watson will be able to access the payment platform portal from any computing device and it will be used in combination with instant issue and reloadable debit cards. EJ Watson CPA has already placed an order for MoneyTrac Prepaid Cards and is being set up for use on the CPG platform.
ImageWare Systems - The Pinocchio Of Small Caps
Small Cap Machine - Seeking Alpha - Tue Nov 25, 6:43AM CST
Over the last ten years, we believe IWSY's (OTCQB: IWSY ) lies and commoditized products have destroyed substantial shareholder value, as highlighted by: Never generating earnings or $1 of free cash flow Increased shares outstanding ~15x given...
Goldman Small Cap Research Issues New Research Report on Global Payout, Inc.
PR Newswire - Thu Nov 20, 7:00AM CST
Goldman Small Cap Research, a stock market research firm focused on the small cap and micro cap sectors, announced today that it has released a new research report on Global Payout, Inc. (OTCPK - GOHE), a leading provider of comprehensive, customized electronic payment solutions for domestic, international and multinational businesses, government agencies, and consumers worldwide. The report carries a rating and a price target. To view the sponsored research report, disclosures and disclaimers, or to download the report in its entirety, please visit www.GoldmanResearch.com.
International Foreign Currency Exchange Company Signs Contract To Utilize Consolidated Payment Gateway
GlobeNewswire - Thu Nov 06, 8:46AM CST
Global Payout, Inc. (OTC Pink: GOHE), an emerging leader in international payment solutions, announced today a new contract for the ongoing use of its Consolidated Payment Gateway (CPG) platform to make monetary payouts and receive pay-ins in multiple currencies. The new customer, State Prime Limited, is a leading global provider of online financial products and services and will use the CPG to pay and receive payments to and from their customers in countries around the world. Global Payout will receive revenue from the platform set-up, load fees, transaction fees, currency conversion fees, and ongoing monthly fees.
Global Payout Subsidiary Maxie Mobile, Inc. Launches Low Cost, Fixed Fee Remittance Capabilities Targeting an Estimated $581 Billion Global Market
GlobeNewswire - Wed Oct 15, 8:35AM CDT
Global Payout, Inc. (OTC Pink: GOHE), an emerging leader in payment solutions, announced today that its wholly owned subsidiary, Maxie Mobile, Inc., a mobile financial services technology ("FinTech"
Global Payout Announces Planned Buy-Back of Common Stock
GlobeNewswire - Fri Oct 10, 9:02AM CDT
Global Payout, Inc. (OTC Pink: GOHE), an emerging leader in payment solutions, announced today that from time to time the Company intends to purchase up to 1 million (1,000,000) shares of its common stock in this round in the open market. The buyback is being initiated due to management's belief that the stock is currently undervalued.
Global Payout Announces Plans to Integrate Maxie Mobile's Financial Services Technology for Domestic and International Markets
GlobeNewswire - Tue Oct 07, 8:15AM CDT
Global Payout, Inc. (OTC Pink: GOHE), an emerging leader in payment solutions, announced today its strategy to capitalize on the existing business and expansion potential of Maxie Mobile, Inc., a mobile financial services technology provider focused on underserved markets in the United States and globally, which was recently acquired by the Company in a stock-for-stock transaction.
Global Payout Completes Acquisition of Mobile Payment App Provider Maxie Mobile
GlobeNewswire - Tue Sep 09, 8:19AM CDT
Global Payout, Inc. (OTC Pink: GOHE), a leading provider of international electronic payment solutions, announced today the close of its acquisition of 100% of Maxie Mobile, Inc., a mobile payments provider focused on underserved markets in the United States and globally, in a stock-for-stock transaction.
Global Payout Signs Letter of Intent to Acquire Maxie Mobile
GlobeNewswire - Tue Aug 19, 8:39AM CDT
Global Payout, Inc. (OTC Pink: GOHE), the leading provider of international electronic payment solutions, announced today its intention to acquire 100% of Maxie Mobile, LLC., a revolutionary mobile payments provider focused on the "under-served" in markets in the US and globally. The move will solidify Global Payout's position as a key provider of financial services to the 2.5 billion un-banked and under-banked adults in the world and will complement and extend Global Payout's existing MoneyTracTM Consolidated Payment Gateway and international EMV debit card programs. EMV stands for Europay, MasterCard and Visa, a global standard for inter-operation of integrated circuit cards (IC cards or "chip cards"
STATE AGENCY CONTRACTS FOR 50,000 PER YEAR AS PART OF INMATE RE-ENTRY PROGRAMMING UTILIZING MoneyTrac(tm) PREPAID DISCOVER(r) CARDS
GlobeNewswire - Tue Aug 12, 8:15AM CDT
Global Payout, Inc. (OTC Pink: GOHE), the leading new multi-national Program Manager of B2B prepaid card programs, announced today that it has completed the development of a custom, prepaid open loop card aimed at supporting state and federal correctional agencies. Global Payout's general spend reloadable prepaid card will assist newly released inmates to re-enter society reasonably equipped with an inexpensive and multi-purpose financial instrument. Global Payout also announced, in connection with this recently completed product, it has received its first statewide contract featuring its MoneyTrac(TM) Prepaid Discover The MoneyTrac Prepaid Discover Card is a general purpose reloadable prepaid card application that is a perfect solution to an important problem which gives released persons immediate access to financial services, ATM's, online payment capabilities, bank account-like services, money management tutorials, as well as immediate access to a pre-negotiated health care benefit program. This particular State Department of Corrections has designed a well thought out plan aimed at financial responsibility for released inmates and received program development and management recommendations from Global Payout.
Goldman Small Cap Research Issues Research Update on Global Payout, Inc.
PR Newswire - Tue Jul 01, 7:00AM CDT
Goldman Small Cap Research, a stock market research firm focused on the small cap and micro cap sectors, announced today that it has released a new research update on Global Payout, Inc. (OTCPK - GOHE), a B2B purveyor of electronic payment solutions such as prepaid debit cards and e-wallet solutions tailored to support businesses and organizations of all sizes.
13,000 New CPG Accounts Getting Activated At Global Payout
GlobeNewswire - Mon Jun 30, 8:15AM CDT
Global Payout, Inc. (OTC Pink: GOHE), the leading new multi-national Program Manager of B2B custom and conventional electronic payment solutions, announced today that it has received payment and a contract for its state of the art payment platform from Zhunrize, Inc. The contract calls for the immediate activation of 13,000 Consolidated Payment Gateway (CPG) accounts for use on behalf of their existing customers. Zhunrize has a total of 60,000 account holders and expects to activate an additional 27,000 CPG accounts over the following months. Zhunrize also expects to issue prepaid debit cards in connection with those accounts eventually.
XPay International Secures Another Customer For Global Payout
GlobeNewswire - Wed Jun 25, 8:15AM CDT
Global Payout, Inc. (OTC Pink: GOHE), the leading new multi-national Program Manager of B2B custom and conventional electronic payment solutions, announced today that it has received a new contract from XPayCard International, LLC to provide MoneyTrac prepaid debit cards and assigned eWallets through Global Payout's proprietary Consolidated Payment Gateway (CPG), an internet based payments platform that enables payroll solutions and payment disbursements on a worldwide basis. Upfront payment for due diligence and activation fees have been received for the first phase of engagement. Approval for the program is anticipated imminently. The number of initial accounts contracted is set at 2500, but is anticipated to grow significantly thereafter.