Blockchain Takes Center Stage in Payment Processing Revolution - Seite 2

Making Payment Easier

Founded in 2009, Global Payout (OTC: GOHE) has quickly become a noticeable contender in blockchain technology solutions for payments. The company's Consolidated Payment Gateway (CPG) offers payment options including mobile accounts, direct bank payment, and prepaid card accounts, creating customized, comprehensive solutions for businesses. Customers use CPG as a central hub for international payment networks, distributing money to members and employees around the world.

This was followed in 2017 by the Global Reserve Platform (GRP), Global Payout's second major platform for managing financial logistics. GRP again provides businesses with a customizable platform for managing financial transactions. Built around the Global Reserve Administration module, it provides a complete payment solution, connecting back end processing directly to the front-end payment options for individual users.

Like CPG before it, GRP offers a wide range of payment options. Mobile wallets, prepaid credit cards and prepaid debit cards are among the options supported by GRP, as it integrates payment systems with users' existing mobile technology for ease of use. The platform can manage all manner of financial interactions, including market orders, grants, loans, and cross-border payments. All of this is done smoothly and securely through a system customized to the needs of an individual corporate client.

Payment Solutions for Difficult Circumstances

While Global Payout has provided innovative products for its core corporate market, it has also been expanding into other areas of financial technology. Some of its most exciting work caters to a fast-growing market that has been badly under-served by the traditional financial sector, and which as a result is becoming an incubator for broader financial technology solutions. This is the legal cannabis sector.

The market for legal cannabis is growing fast. Medical marijuana is becoming more widespread, while recreational use has become legal in California, with Canada soon to follow. As legalization spreads, the number of legal cannabis suppliers and companies supporting them is set to grow rapidly. They will need financial systems, and MoneyTrac, a Global Payout subsidiary, is one of the first to offer solutions for this lucrative market.