SAN DIEGO, Nov. 06, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Global Payout Inc. (OTCPink:GOHE) (“Global”) and its wholly owned subsidiary MTrac Tech Corp. (“MTrac” or the “Company”) are pleased to announce that the San Diego team will be heading to Las Vegas for MJBizCon 2018, the largest annual cannabis convention in the country. The event will be held at the Las Vegas Convention Center November 14-16 and will bring together all of the major cannabis industry leaders and cutting-edge ancillary businesses that are serving the industry.
“We have spent the past year developing and marketing what seems to be the most comprehensive cashless payment system in the industry. We are now out of our beta and our customers are using our system seamlessly. Our merchants can utilize their wallet to pay employees, taxes, or send checks to their bank accounts. We are ready to share it with the entire cannabis industry, and MJBizCon offers the perfect opportunity for that,” said MTrac Strategy Officer, Stormy Simon.
With over 1,000 vendors and 150 speakers, MJBizCon provides the perfect venue for the MTrac team to showcase its payment platform to virtually the entire Cannabis market. MTrac is widely considered to be the premier compliant card processor available to this industry and by this measure is not limited in terms of a target market, it is available to the entire pool of innovators within the industry and beyond. Merchants who have begun transacting on the MTrac platform have realized a minimum of 10-20% increase in average ticket sales.
“While we’ve attended the event in previous years, this will be the first time we will be providing live demonstrations at the MTrac Tech booth #1754,” said Aaron Adler, MTrac CRO. “We are very excited to market our platform to the attendees and MJBizCon and I believe we will come away with a whole new client pool to serve.”
About Global Payout, Inc. (OTC Pink:GOHE)
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. In 2018, Global completed a reverse triangular merger with MoneyTrac Technology Inc. resulting in Global retaining the wholly owned subsidiary, MTrac Tech Corporation. Global’s current focus is continuing to identify new business opportunities while it reorganizes its future business endeavors.
About MTrac Tech Corp.
MTrac Tech Corporation. a Nevada Corporation, is a privately held wholly owned subsidiary of Global Payout, Inc. MTrac is a software technology, sales and marketing, and business development company focused on “high risk” and “high cost” industries. The Company’s flagship product is the MTrac payment platform, offering a full-service solution for alternative banking and electronic financial marketplace with technology offerings including Payment Platform, Blockchain, Compliance, POS, E-Wallet, Mobile Application and Digital Payment Solutions. We are one network disrupting the status quo. It is MTRAC’S creative vision through the use of its innovative technology solution to become the premier service provider offering the “Key to CashlessTM”
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