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NetworkNewsBreaks – Global Payout, Inc. (GOHE) S

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Posted On: 02/15/2018 5:13:12 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Finalizes JV Agreement with GreenBox POS, LLC

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it has finalized a JV agreement with equity and exclusivity in sales and marketing with GreenBox POS, LLC (“GBOX”), a company leveraging blockchain technology to develop customized payment solutions for various industries. Per the terms of the agreement, MTRAC will serve as a strategic sales and marketing resource to GBOX in exchange for marketing rights to GBOX services in the U.S., Canada and Mexico. MTRAC intends to launch GBOX services in April, and the company believes that these marketing rights could provide for significant revenue in year one. “The details, intricacies, and overall effectiveness of the technology that GreenBox POS has developed is unrivaled by anything else we have seen thus far and is something we believe will disrupt the financial technology side of it,” Vanessa Luna, CEO of MTRAC, stated in the news release. “Not only are their technology solutions impressive, but they fall right in-line with MoneyTrac’s core objective and mission of ‘Banking the unbankable’. In becoming a lead sales and marketing partner for GreenBox, we are giving MoneyTrac another extremely effective resource, leveraged to deliver the solutions our customers and partners desperately need to help run their businesses with optimum efficiency.”

Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer


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