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QualityStocks News - Global Payout (GOHE) Lands New Contract with XPayCard International

Scottsdale 6/27/2014 3:00:00 AM

QualityStocks would like to highlight Global Payout, Inc. (PINK: GOHE). The company specializes in customized payment solutions for businesses and organizations worldwide. The company’s global network of banks and processing partners enable companies and organizations to efficiently deploy a customized payment solution configured specifically for each client. From solving a single payment issue to meeting an entire global payment requirement, Global Payout in conjunction with its partners delivers modular payment solutions.

In the company’s news,

Global Payout announced its reception of a new contract from XPayCard International, LLC. The contract calls for providing MoneyTrac™ prepaid debit cards and assigned eWallets through Global Payout’s proprietary Consolidated Payments Gateway™.

The number of initial accounts contracted is set at 2500. However, it is expected to grow significantly hereafter. An upfront payment for due diligence and activation fees for the first phase of engagement has been paid by XPayCard International to Global Payout. The contract is for XPayCard International’s client, Eternyon, a fast-growing international network marketing company in Brazil that focuses on advertising, technology, and e-commerce.

XPayCard International’s contract with Global Payout will enable XPayCard International to offer more efficient payment methods to Eternyon’s customers and members. Over the past few months, Eternyon has emerged as one of Brazil’s fastest-growing websites.

XPayCard International is an affiliate of PagSuporte and Globaldine, which specialize in global trade development. These companies’ worldwide network let companies find logistics and shipping operations priced at competitive rates.

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Forward-Looking Statement:

This release may contain 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. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.

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