Breaking News: “Banking the UnbankableTM”: MoneyTrac Soft Launches MTRAC, a Full Service Banking Solution for Cannabis

Global Payout Inc. (OTC: GOHE) is pleased to announce that its subsidiary MoneyTrac Technology, Inc. (“MTRAC”, the “Company”) has begun the soft launch of MTRAC, a full-service banking solution powered by software technology features that the Company has acquired through its Joint Venture with GreenBox (“GBOX”).

MTRAC is an innovative E-Wallet cash loading machine/kiosk that is supported by blockchain technology and will be leveraged by MTRAC to bring to market an intuitive system that will offer cannabis consumers and retailers an effective alternative to cash payment transactions.

This last year alone has brought incredible opportunity for those in the cannabis industry, but the market still lacks reasonable access to traditional banking platforms which tends to create a myriad of challenges for both consumers and retailers. With MTRAC the Company believes it can tackle a significant portion of this challenge by offering dispensaries a cash loading kiosk that combines the benefits of both E-Wallet and blockchain technology and presents a safe and viable alternative to cash.

"The integration of the incredible technology GreenBox has developed into our platform of solutions that we are aiming to make available to businesses in cannabis really represents our continued commitment of Banking the Unbankable," said MTRAC CEO, Vanessa Luna. "MTRAC is the culmination of months of work and collaboration between GreenBox and MoneyTrac, and we are excited to begin the process of bringing this solution to a market that needs it more than any other right now."

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