Scottsdale 1/24/2014 4:00:00 AM
News / Stocks

QualityStocks News - Global Payout, Inc. (GOHE) Thrives in the Payment Delivery Arena

QualityStocks would like to highlight Global Payout, Inc. (PINK: GOHE). The company specializes in customized payment solutions for businesses and organizations worldwide. The company’s global network of banks and processing partners enable companies and organizations to efficiently deploy a customized payment solution configured specifically for each client. From solving a single payment issue to meeting an entire global payment requirement, Global Payout in conjunction with its partners delivers modular payment solutions.

In the company’s news,

Global Payout is a business-to-business payment specialist serving an estimated $3 trillion market. The company provides tailored electronic payment and merchant acquisition solutions to global organizations via a proprietary Consolidated Payment Gateway; domestic, international, chip, pin, custom, and co-branded prepaid cards; and merchant processing and mobile payment services. Global Payout’s easy to use and lower cost payment programs provide competitive and relative advantages that the company believes it will realize in the future; in fact, it is already touting 2014 as a breakout year in terms of sales revenue, new clients, and new contracts.

Supported by a solid base in both the United States and United Kingdom and an international network of issuing banks, stored value processors, payment processing platforms and marketing alliances, Global Payout empowers companies around the world by allowing them to operate their payment operations proficiently and to grow their business internationally. By employing model solutions developed by Global Payout and its strategic partners, companies are able to, amongst other things:

•    Set up customized payment solutions;
•    Resolve individual payment issues; and
•    Arrange comprehensive payment requirements for a global setting.

Global Payout’s particular products and services are as follows:

•    The company offers the MoneyTrac global payment platform which allows users to transfer money to personal bank accounts in close to 200 countries and users without bank accounts to still access and use their funds all over the world.

•    Global Payout has built strong third-party processing relationships that allow global companies and retail organizations to initiate payment via prepaid debit cards (MasterCard, Visa and Discover) and an electronic wallet.

•    The company offers payout solutions for transnational companies with workers and partners throughout the world. It also provides stored value programs for retail marketing, rebates and general spending, vendor payments, and payroll purposes as well as money remittance services that aid marketing groups focusing on expatriate workers, who frequently send money to their countries of residence.

•    Global Payout also provides merchant acquiring services for businesses that require credit and debit card processing services; closed loop processing for store chains and geographical locations integrated with debit cards and point of sale networks; and micro credit lines to electronic wallet and debit card account holders.

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.