Wednesday, June 25, 2014
XPay International Secures Another Customer For Global Payout
San Diego, June 25, 2014 (GLOBE NEWSWIRE) Global Payout, Inc. (OTC Pink: GOHE), the leading new multi-national Program Manager of B2B custom and conventional electronic payment solutions, announced today that it has received a new contract from XPayCard International, LLC to provide MoneyTracTM prepaid debit cards and assigned eWallets through Global Payout s proprietary Consolidated Payment Gateway (CPG), an internet based payments platform that enables payroll solutions and payment disbursements on a worldwide basis. Upfront payment for due diligence and activation fees have been received for the first phase of engagement. Approval for the program is anticipated imminently. The number of initial accounts contracted is set at 2500, but is anticipated to grow significantly thereafter. XPayCard International, LLC, is an affiliate of PagSuporte (www.pagsuporte.com) and Globaldine (www.globaldine.com) that specializes in international trade development. Their global network allows
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