NetworkNewsBreaks – Global Payout, Inc. (GOHE) E

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Executes Licensing Agreement with GreenBox POS (GRBX)

Global Payout (OTC: GOHE) recently announced the execution of a license agreement with GreenBox POS (OTC: GRBX) to utilize its innovative blockchain payment technology in providing payments to various industries that have been classified as low and high-risk by traditional merchant processors. MTrac Tech Corp., a wholly-owned subsidiary of GOHE, holds an exclusive licensing agreement with GreenBox for specific industries. “While the last year has been dedicated to the development and launch of MTrac, we have also been planning to expand the reach of Global Payout for some time,” MTrac CEO Vanessa Luna stated in the news release. “The extension of the license for Global Payout provides another revenue stream to the company and offers us the opportunity to expand into other markets that lack consistent and reliable merchant processing. Further, I believe this relationship will offer the general public the ability to use the ledger technology of Blockchain in a salient way and can showcase how this technology can be use in a multitude of ways to solve many of the issues plaguing the financial services industry. The immutable ledger and tracking features allow unparalleled security and transparency that just isn’t available through other payment platforms, and we are extremely excited to bring this system to the mass market.”

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