Global Payout (OTC: GOHE), alongside wholly owned subsidiary MTrac Tech Corp., this morning announced that its new pin debit system that has been deployed and is now live in one of the initial merchants to sign on with MTrac has considerably increased the amount of transactions processed through the MTrac Platform. The new pin debit system developed by Cultivate Technologies furthers MTrac’s mission to deliver seamless merchant processing for high risk industries such as the cannabis sector. The company will continue to monitor the first live test case of the new MTrac Platform over the coming days and anticipates to rollout the system with three additional merchants by the end of the week.
“We were extremely excited to see Cultivate’s enhancement to the platform,” Global Payout CEO Vanessa Luna stated in the news release. “In taking the first version of our MTrac Platform to market we discovered that many merchants and users had noted the two-step process with the mobile app as being somewhat cumbersome to use for simple merchant processing and we immediately identified this crucial feedback as something we would need to address in order to achieve the mass adoption of our platform with both the merchants and consumers. The integration of the Pin Debit technology brought to us by Cultivate has not only addressed this precise issue, but in my opinion has solved it entirely and in the process has placed this company in the best position it has ever been in to produce revenue.”
To view the full press release, visit http://ibn.fm/4abNU
About Global Payout, Inc.
From 2014 to 2017 Global focused on identifying new state of the art technologies in a variety of industry sectors and successfully helped launch MoneyTrac Technology Inc. and other companies within the FinTech space. Global’s current focus is continuing to identify new business opportunities while it reorganizes its future business endeavors. For more information, visit the company’s website at www.GlobalPayout.com
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