NetworkNewsWire Announces Publication on Various Payment Solutions for the Unbanked Cannabis Sector

New York, New York--(Newsfile Corp. - October 9, 2017) - NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Global Payout, Inc. (OTC Pink: GOHE), a client of NNW that provides comprehensive payment solutions that can be fully customized for virtually any domestic and international organization distributing money worldwide.

The publication, titled, "Innovative Payment Solutions Blossom in the Expanding Cannabis Industry," shines a light on inventive payment solutions designed for the "unbankable" cannabis industry.

To view the full publication, visit: https://www.networknewswire.com/innovative-payment-solutions-blossom-expanding-cannabis-industry/

"The marijuana industry grew at a 30 percent annual rate from 2015-2016, with Arcview Market Research predicting a 25 percent compound annual growth rate through 2021. As large as it is diverse, the industry now serves 29 U.S. states and the District of Columbia, where marijuana has become legal for medicinal and/or recreational use. Demand, supply, and product diversity are fueling the growth. However, federal banking regulations restrict financial activity related to marijuana-based businesses. Global Payout (GOHE) (GOHE Profile) has unveiled a way around the cannabis industry's unbankability, as its MoneyTrac subsidiary offers an alternative fintech solution that allows the cannabis industry to access traditional banking services.

"Further growing its roots in the cannabis industry, MoneyTrac recently finalized a majority ownership acquisition of PotSaver, a revenue-producing community periodical providing listings on discounted cannabis-related products for Southern California dispensaries and shops. The acquisition is expected to provide MTRAC with an immediate revenue stream related to PotSaver's existing subscription-based earnings.

"MoneyTrac has also completed a joint-venture agreement with BlazeNow Inc., a majority owned subsidiary of MediaTechnics Corporation. BlazeNow, once called the "Yelp" of the cannabis industry by NY Daily News, is an advertising and data collection platform focused on connecting cannabis-related businesses with patients and customers. MoneyTrac plans to use this partnership to pursue joint-revenue products and services, pooling each of the companies' resources to grow both brands."

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.

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today's market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information please visit https://www.NetworkNewsWire.com

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Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

NNW Contact:

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
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Editor@NetworkNewsWire.com