Global Payout (OTC Pink: GOHE) is launching its newly designed MoneyTrac Consolidated Payment Gateway on April 16, 2013.
Through its licensing agreement with Intradata Solutions, Global Payout will begin implementing and managing a payout platform that allows companies to load online accounts with payroll, commissions or rebates for U.S. and international accountholders. The core platform was initially developed as a banking platform for several Fortune 500 corporations. Global Payout has integrated more functionality for the end-user to access and manage their funds on a real time basis while also enhancing the payout capability for multi-national companies.
Accountholders of the MoneyTrac™ Consolidated Payment Gateway will be able to easily access their online account and choose how to access their funds through three transfer options. First, transfers can be made to their bank account. Second, accountholders can transfer funds to any credit or debit card, worldwide. And finally, accountholders can choose to gain immediate access to funds by loading to their domestic or international prepaid card that can be ordered directly from their online account.
Monthly gross revenue from all transactions on the MoneyTrac Consolidated Payment Gateway will commence in the second quarter 2013.
"With the continued development and licensing support of Intradata Solutions, we have worked diligently over the last 10 months to develop the most efficient payout gateway in our industry," says Jim Hancock, CEO of Global Payout, Inc. "We are anticipating a significant increase in revenue from the payment gateway in the third and fourth quarters of 2013."