San Diego, May 20, 2014 Global Payout, Inc. (OTC Pink: GOHE), announced today that Global Funding, LTD., its European subsidiary, is launching a Prepaid MasterCard® with state-of-the art chip and pin technology. Global Funding, LTD. is launching its new chip and pin cards in Europe currently. The cards are based upon the EMV (Europay, MasterCard® and Visa) standard. Chip and pin technology has shown a significant reduction in the multi-billions of dollars lost to fraud and security breaches each year. The United States is also moving to make the integrated circuit card technology mandatory by October, 2015. The smartcard technology has demonstrated an ability to reduce fraud and security breaches by a minimum of 30%. Cardholders of European companies will gain greater acceptance in over 130 countries around the world where Chip and PIN cards are standard issue. The word chip refers to a computer chip embedded in a smartcard and the word PIN refers to a personal identification nu
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