Global Payout, Inc. (GOHE) Introduces MoneyTrac Payment System

Jan. 02, 2014 2:31 PM ETGOHE
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Global Payout is a publicly held international company, headquartered in San Diego, California, and Nottingham, England, that specializes in customized payment solutions for organizations worldwide. Their global network of banks and processing partners enable organizations to efficiently deploy a specific solution configured for them, to solve a single payment issue, or to meet an entire global payment requirement, through the modular solutions Global Payout has developed with its partners.

Because multi-national companies with thousands of employees, distributors, and members located throughout the world require an efficient and cost-effective method for both making monetary payouts and receiving funds, Global Payout has introduced MoneyTrac. This is one of the most efficient, industry leading web-based payment system in the market today.

The MoneyTrac Consolidated Payment Gateway (CPG) provides clients with both off-the-shelf and customized payment options, through a worldwide payment solutions platform tied to banks, card associations, and payment processors. Working through their processors and banking relationships, Global Payout provides a custom, one-stop solution for access and payments to international and domestic bank accounts, debit cards, and other payment systems in more than 120 countries.

In addition, the company addresses a number of unique banking requirements by supplying payroll, personal spending, and expense reimbursement solutions to companies throughout the world. This allows employees, contractors, commissioned salespeople, and vendors to be paid securely and on a timely basis. Global Payout also supplies the backbone for many companies that deliver cross border remittance payments to beneficiaries throughout the world.

With MoneyTrac, multi-national companies can now take advantage of unified access to a CPG that is currently processing over $40B of transactions per year. And unlike many competitors' payment options, MoneyTrac is instantaneous. Companies can upload funds in real-time to web-based accounts and provide individuals multiple options on receiving money.

Through MoneyTrac, payments can be made to credit cards, debit cards, pre-paid debit cards or bank accounts, simplifying the payment process and ensuring individuals' or companies' timely access to funds.

For more information on Global Payout, visit: globalpayout.com

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