Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that it has finalized and fully executed a licensing agreement with Cagney Global Logistics for the exclusive white labeling and implementation of the Global Reserve Platform. The new platform will be integrated into Cagney’s existing delivery and payment component, the Final Mile solution, in order to enhance its Fortune 500 customer web sales. “Our technical team has been diligently working to address the specific needs and requests that have been presented to us by Cagney,” William Rochfort, president of Global Payout, stated in the news release. “In this time, we have developed a more in-depth understanding as to how the intricate components available in our Global Reserve Platform can be configured to deliver a platform for Cagney that will completely enhance the logistics supply chain process experience for its customers and delivery partners.” Global Payouts expects to begin generating revenue related to this licensing agreement as early as the beginning of the third quarter of 2017.
To view the full press release, visit http://dtn.fm/B72sB
About Global Payout, Inc.
Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of comprehensive and customized prepaid payment solutions for domestic and international organizations distributing money worldwide. In 2014, Global Payout introduced its first online payment platform, called the Consolidated Payment Gateway (CPG), which allowed its enterprise clients to transfer money to international bank accounts, mobile accounts, and prepaid card accounts. The development of the CPG became the foundation for the introduction of its new, state-of-the-art FINTECH payment system in 2017, designed for both online and mobile applications to allow account holders to maximize an expanded suite of financial services and minimize operational costs. Global Payout will continue to offer its FINTECH payment system to many vertical markets for support of foreign currency exchange and digital currency, including ongoing support of the banking industry and international governments. For more information, visit www.GlobalPayout.com
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