Global Payout, Inc. (OTC: GOHE) (“Global” or “the Company”) is pleased to announce that in recent weeks it has been focused on ramping-up sales, marketing, and networking efforts to facilitate the acquisition of new clients and strategic partnerships in the fast-growing logistics industry.
The technology available in Global Payout’s Global Reserve Platform (“GRP”) offers many of these companies the ability to break free of traditional banking chains that offer little transparency or security. With its fully compliant “banking-in-a-box” software that can be customized (white labeled), the GRP offers the ability to move money internationally in a more swift and cost-effective manner than traditional banks.
According to Medici Research Group, global mobile payments reached $780 Billion in 2017, and are expected to surpass $1 Trillion by 2019. Final Mile e-commerce companies are uniquely challenged in their ability to capture proof of delivery, fast and accurate billing information. These challenges create cash flow problems for smaller companies that can sometimes be catastrophic. The GRP provides an effective solution in a market that is moving away from traditional global payment processes.
Jim Hancock, CEO of Global Payout, Inc. says, “The Global Reserve platform is an extremely valuable technology to these companies and we look forward to exploring the many ways we can serve this industry.”
Global Payout, Inc. continues to work diligently to provide long-term value for the Company and its shareholders alike. By increasing revenue and executing the Company’s clearly defined expansion plan GOHE will become poised to be the #1 source for online payments solutions. GOHE will constantly update the public and its shareholders on all Company progress by way of regular press releases and timely SEC filings.
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