Wednesday, March 26, 2014

Global Payout, Inc. (GOHE) Positioned to Make 2014 a Great Year

The way we pay for goods and services has changed greatly over the years. In the past, cash was king and it still may be, but there’s no doubt that today, nearly everything is electronic. The electronic payments industry is full companies dedicated to finding the best and most innovative ways to handle the electronic exchange of currency. Global Payout, a San Francisco-based electronic payment solutions provider, is one company that’s looking to streamline and improve the way businesses think about their payment options in today’s Internet age.

Global Payout is making a name for itself in the business-to-business market, which can be valued at about $3 trillion dollars. Its product offerings currently include prepaid debit cards and e-wallet solutions that cater to the differing needs of small-sized, mid-sized, and large-sized businesses. Global Payout has also serviced government organizations, religious organizations, and unions.

The company sets itself apart by offering a Consolidated Payment Platform, prepaid cards, and other customizable solutions that are easier to use and have fewer costs associated with them than those of its competitors. Global Payout’s customers have a whole host of electronic payment services to choose from: they can distribute funds, pay employees or organizations whether they have bank accounts or not, use the services for payroll purposes, make vendor payments, offer rebates, and can offer general spend prepaid programs. Customers can also look to Global Payout for assistance in transferring money to bank accounts and credit and debit cards.

So far, this year is shaping up to be one of positive momentum for the company. Representatives even stated in January that they believe 2014 will be Global Payout’s breakout year. Several important milestones have either been reached or will be reached in the near future. This week, the company announced that it has significantly expanded the geographic reach of its MoneyTrac™ consolidated payment platform. After the end of the first quarter of this year, the company will be able to transfer money to China Union Pay accountholders in various countries. By the end of the second quarter of this year, the company should be able to issue cards to employees and independent contractors of Asian companies that have a presence in several countries.

We’re looking forward to seeing what the rest of 2014 has in store for Global Payout and what they have in store for e-payment solutions industry. For more information, visit the company’s website at www.globalpayout.com.

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