Global Payout, a B2B purveyor of electronic payment solutions such as prepaid debit cards and e-wallet solutions, has signed an agreement with XPayCard International, an affiliate of PagSuporte and Globaldine that specializes in international trade development, representing Global Payout’s third new contract for 2014.
“The breadth of services offered through our partnership with PagSuporte and XPayCard International will accelerate the acquisition of new client integration and business process efficiency,” Global Payout President Bill Rochfort stated in the news release. “PagSuporte’s expertise with international marketing and automation of client facing interfaces allows Global Payout to provide a large scale deployment of payment solutions in a real time environment.”
The signed agreement calls for the immediate delivery of an initial 5,000 Prepaid Chip and Pin cards, and 5,000 initial accounts on Global Payout’s Consolidated Payment Platform (CPG). With the new contract with Global Payout, XPayCard can offer efficient methods of payment to its clients’ customers and members.
XPayCard estimates the activation and distribution of 500,000 CPG accounts to its multi-national client companies by the end of 2014, which is expected to result in significant transactional revenue to Global Payout in 2014.
The initial implementation will support a Portuguese multinational company with more than 4,000 locations in 80 countries offering a range of rental products and services and utilizes an affiliate marketing model to extend the brand reach. There are currently more than 100,000 affiliate members marketing rental transactions toward earning new commissions.
“Our business to business client base requires a dependable and secure payment platform that can quickly scale to the international growth in all regions of the world,” says Daniele Mornacco, CEO of XPayCard International, LLC and PagSuporte. “The Global Payout platform provides a best in class solution for our clients to access their funds through bank accounts, debit and credit cards, and international prepaid cards.”
For more information, visit www.globalpayout.com
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