- GOHE markets proprietary Global Reserve Platform (GRP) and MoneyTrac Technology (MTRAC) financial services
- According to Fintechist.com, Goldman Sachs estimates FINTECH industry profits at greater than $1 billion over the next three years
- Study: 25 FINTECH ‘unicorns’ projected to have valuation globally of $75.7 billion in 2017
Global Payout, Inc. (OTC: GOHE) is finding its role in FINTECH, the combination of finance and technology, may be leading to new short- and long-term revenue streams. Globally, 25 FINTECH ‘unicorns’ have been valued collectively by a CBInsights report at $75.7 billion (http://cnw.fm/p5XM7). Fintechist.com reports that Goldman Sachs projects FINTECH industry profits at greater than $1 billion over the next three years (http://cnw.fm/2VWpG).
GOHE is a San Diego, California-based company focused on future B2B for the transfer of international funds payments automatically, including processing and billing. The funds platform can be customized for organizations moving money worldwide. GOHE has a proprietary program, the Global Reserve Platform (GRP), which can handle diverse forms of processing such as credit wallets, credit card management and web and bot banking (http://cnw.fm/1arQE). GRP is branded as Virtu Network Solutions. GOHE also processes cannabis payments through its MoneyTrac Technology (MTRAC) subsidiary (http://cnw.fm/i1uUP). In fact, MTRAC offers a full range of financial services to companies in high-risk industries.
MTRAC enables cannabis suppliers and their customers to complete transactions in a non-cash environment (http://cnw.fm/r1rJS). Not only can the GOHE subsidiary provide access tracking, which helps cannabis companies to manage and control their revenue flow; it has software that enables customers to customize platforms. This feature also lets these suppliers design mobile sites and provide other e-commerce services. GOHE recently announced that MTRAC was in the final stages of entering a joint venture agreement with an established financial institution for the growing but underserved cannabis industry. GOHE hopes this will lead to significant short- and long-term revenue streams, as noted in a news release by James Hancock, CEO of MTRAC (http://cnw.fm/4odjC).
GOHE does not cultivate or sell marijuana, but rather offers needed financial services to this growing industry through GRP and MTRAC. It serves as a detour to traditional banking options, which are generally unavailable to those in the cannabis industry. By offering high-tech processing, money management and its customized platform program, GOHE is able to offer needed services, even cryptocurrency bitcoin processing, that enables secure payment options for wholesale and retail clients.
For more information, visit the company’s website at www.GlobalPayout.com
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