Global Payout, Inc. (GOHE)




Global Payout, Inc. (GOHE), a publicly held corporation (OTC Pink: GOHE), is headquartered in San Diego, California

Since the inception of our company in 2009, Global Payout, Inc has been a leading provider of comprehensive and customized prepaid payment solutions for domestic and international organizations distributing money to its employees and members worldwide. Global’s success in developing and implementing a Consolidated Payment Gateway(CPG) allowed our enterprise clients to provide direct bank account, mobile account, and prepaid card account options to a compliant constituency. The CPG served as a hub to international bank networks and processors, user mobile interfaces, and prepaid cards. Our CPG user and technical experience has laid the groundwork for Global to evolve as a new generation payment services provider by replacing legacy systems for processing currency and commodity transactions. This is all part of the digital disruption underlying the fintech industry. As the role and relevance of today’s banks is shrinking, Global Payout is simultaneously helping the financial market to create better, faster, cheaper services for individuals, enterprises and governments.

According to a 2016 PWC Study interviewing over 500 CEOs and CIOs in banking and asset management in 46 countries, almost 25% thought the adoption of digital currency schemes could usurp the role of traditional financial processing. The study pointed to three main areas of disruption within legacy systems – Consumer Banking, Funds Transfers and Payments, and Investment and Wealth Management – all target markets for Global Payout! For the past year the management team at Global Payout focused its effort on strategic partnerships that can provide Global with a unified financial services platform including account verification and authentication, multi-currency transaction processing, commodity and precious metals reserve accounts, and liquidity options. This will set the stage for significant growth in 2016 and continued increases in revenue over the next two years.

To accomplish this growth, Global has contracted with a new international bank that will provide a cloud enabled platform for the trading and settlement of depository accounts. This is part of an overall strategy to connect customers worldwide through a banking portal structure in all countries. This country portal connection will allow foreign currency exchange, internal transfers, and commodity investments for its member customers no matter which country they conduct business. The executive team at Global Payout and its partner companies have designed and are implementing this integrated bank portal exchange that is known as an “emerging market hub network”. This system provides a global, multi-asset exchange platform including a local deployment option, depository operations, surveillance software and due diligence acceptance for all accounts to meet all regulatory compliance.

Global Payout’s new launch into the FINTECH industry offers individuals, enterprises and governments the opportunity to allow anyone, anywhere to buy and convert any form of currency or commodity inexpensively compared to the commercial banking industry. At Global Payout, we think that the world’s population is denied access to affordable banking and we want to eliminate expensive currency exchanges and account maintenance fees traditionally charged by banks. We are in the beginning of developing a new financial ecosystem that will benefit individuals, companies and governments in all countries of the world. Let’s join together and participate in the launch of this new and beneficial financial network!

ISBC Platform Services

Portal Bank Accounts
Bank Instruments
Currency Trades – Fiat and Digital
Commodity Trades
Enterprise Projects
Government and Governmental Related Projects
Liquidity Options – Bank Accounts, Prepaid Cards and Bitcoin
Loyalty Point Trading and Conversion (future)

ISBC Network

fintech 1

Global Payout provides the Fintech fabric for the ISBC Holdings Limited global market exchange system. ISBC Holdings Limited is the sole management company for International Sovereign Banking Corporation (ISBC). This includes direct account provisioning, secure network connections to best in class banking networks, trading platforms, and liquidity options for all business segments – consumers, enterprise, and governments. Through this network, a new global market exchange system is operational in over 200 countries.

The ISBC network provides a cloud enabled platform(PaaS) for the trading and settlement of depository accounts. This is part of an overall strategy to connect customers worldwide through a banking portal structure in all countries. This country portal connection will allow foreign currency exchange, internal transfers, and commodity investments for its member customers no matter which country they conduct business. The executive team at Global Payout and its partner companies have designed and are implementing this integrated bank portal exchange that is known as an “emerging market hub network”. This system provides a global, multi-asset exchange platform including a local deployment option, depository operations, surveillance software and due diligence acceptance for all accounts to meet all regulatory compliance.

Global Payout Specializes In

  • Payment System Consulting Services
  • Customized Payment Solutions
  • Foreign Exchange Management
  • Merchant Processing Services
  • Mobile Banking Solutions
  • Global Remittance Network
  • Overall Network Management

 

The MoneyTrac Consolidated Payment Gateway(CPG)

The MoneyTrac Consolidated Payment Gateway(CPG) from Global Payout provides our clients with both off-the-shelf and customized payment options through a worldwide payment solutions platform tied to banks, card associations and payment processors. Working through our processors and banking relationships, the Global Payout provides a custom, one-stop solution for access and payments to international and domestic bank accounts, debit cards and other payment systems in more than 120 countries. The company also addresses a number of unique banking requirements by supplying payroll, personal spend, and expense reimbursement solutions to companies throughout the world. This allows employees, contractors, commissioned salespeople and vendors to be paid securely and on a timely basis. Global Payout also supplies the backbone for many companies that deliver cross border remittance payments to beneficiaries throughout the world.

 

MoneyTrac – Domestic Prepaid Cards

Company & Cardholder Advantages:

  • Lower Processing Fees, No Overdraft Fees, No Minimum Balance
  • Convenience and Safety of Prepaid Discover® Cards
  • Cash Rewards & Healthcare Discounts
  • Applicant’s debit cards are engraved in the name of the account holder and can be shipped directly to the cardholder or bulk-shipped to the company (delivery of cards vary depending upon method of shipping)
  • Free Direct Deposit & Cash Loading at over 60,000 Green Dot® Retail Locations
  • The card allows you to make purchases at the point of sale, on the internet and at mail order/telephone order merchants

 

European “Chip & Pin” Prepaid Cards

Global Funding Ltd., a United Kingdom company and wholly owned subsidiary of Global Payout, Inc., a publicly held company in the U.S. (GOHE.PK), has introduced a Chip and Pin prepaid card for European and international companies who have employees, agents and members located worldwide.

The Euro Global Prepaid Cards are now chip and PIN protected, to allow more convenient access to your money worldwide.

Most European and other countries have made their payment cards more secure by processing transactions using the PIN pad when purchasing or paying for services. Your new chip and PIN Card will allow you to transact in this way when traveling. If the country you are visiting does not support this method the payment terminal will provide you a receipt to sign.

Designed for overseas travel, you can use your Global Euro Prepaid Card, just like a debit card, at any merchant, including restaurants, shops and
entertainment
venues. Simply sign the receipt as usual or, if the merchant can support it, enter your PIN at the point of sale terminal. You can also use your Global Euro Prepaid Card at ATMs worldwide. Just enter your PIN and how much cash you would like to withdraw. After that, all you have to worry about is what to spend your money on.

 

International Bank Account & Prepaid Card

Company & Cardholder Advantages:

  • Our International Bank Partner is a Caribbean bank and is licensed to issue $USD and €EUR denominated debit cards.
  • Our Bank Partner issues and processes all transactions internally, is fully regulated & compliant with all banking regulations and has over 10 years’ experience.
  • Each applicant receives a full global bank account (requires two forms of identification); personal appearance is not required.
  • Applicant’s debit cards are engraved in the name of the account holder and can be shipped directly to the cardholder or bulk-shipped to the company (delivery of cards vary depending upon method of shipping)
  • The card allows you to make purchases at the point of sale, on the internet and at mail order/telephone order merchants.

 

Custom And Co-Branded Prepaid Cards

Many businesses and organizations want to expand their brand by distributing a prepaid card to their employees or membership base. Global Payout offers the opportunity for businesses to customize or co-brand a card that identifies their organization or product focus.

Companies willing to commit substantial volume can create a complete new card image that will require approval from the networks and issuing bank. Cardholder fees, card carrier, website and marketing materials also require approval and card production time is dictated by the volume and time of year. Start up fees, due diligence and volume commitment of the distributing company are variables into launching a custom program.

 

Merchant Processing Accounts

There are several reasons why your business may need a domestic or international merchant account. Perhaps your local bank isn’t willing to help. Perhaps you operate through an offshore structure. Perhaps you want to allow your overseas customers the opportunity to pay in their own currency.

Along with other merchants, you already understand that finding a global merchant account can be very difficult. Without an acceptable payment processing solution, your business can end up experiencing exorbitant rates, loss of sales, or no sales at all should your acquiring bank not offer your required currencies. Regardless of the fact that your business may be very profitable, many acquiring banks tend to take a conservative approach when issuing merchant accounts in order to minimize their own exposure, and it will be up to you to locate a specialized bank or processor who can offer services that you may not find at your local bank.

 

WellCard Health

The WellCard Health Discount Plan offers pre-negotiated health care discounts on a wide range of health services for your members and their families including:

  • Doctor Visits
  • Prescription Drugs
  • Dental
  • Vision Care
  • Surgical Centers
  • X-ray, MRI & Imaging
  • Lab Savings

 

Corporate Websites:

www.globalpayout.com

 

Company Related Items

 

Company News

Key Personnel:

james hancock ceo

James Hancock

Chief Executive Officer, Chairman of the Board

Since founding Global Payout in 2009, Jim Hancock has guided the Company’s evolution from a program management and consulting services company in prepaid debit cards and electronic wallet products industry into the global, full service payment platform it is today. As a result, Global Payout, through the development of its proprietary Consolidated Payment Platform technology, and its strategic partnership with international payment networks, has effectively positioned itself to provide businesses worldwide with payment making and disbursement capabilities to the 2.5 billion unbanked, underbanked and bank adverse adults of the world. Instinctively, Mr. Hancock has ensured that the delivery of these more than adequate and inexpensive financial services would become directly accessible from most any digital network, computer equipment, and mobile devices. Mr. Hancock has held a number of senior positions throughout his 30 year career including President, CEO, COO, VP of Finance and VP of Sales & Marketing within public and private companies in financial services, investment banking, mergers and acquisitions, telecommunications and payment processing industries. For the last 14 years Mr. Hancock has worked within the financial services industries as a program manager or payment processor for prepaid card programs and has launched nearly 40 custom-designed prepaid debit card programs. Mr. Hancock has a vast amount of knowledge of the industry and a considerable list of contacts and personal relationships in which to build on and draw from. Mr. Hancock earned a Juris Doctorate from California School of Law, San Diego and a Bachelors of Business Administration from Southern Methodist University. Jim served in the Armed Forces and was honorably discharged from the U.S. Army in 1972 holding the rank of E-5.

william rochfort president

William Rochfort

President, Sr. V.P. Sales and Marketing, Director

Bill Rochfort began his employment with Global Payout in February of 2010 with the title of Executive Vice President of Sales and Marketing. His responsibilities include: the establishment of a sales and marketing channel for both direct and indirect sales, the building of, and support for, a network of international distributors, master agents, channel partners, and VARS to accelerate the expansion of global sales, and the expansion of web based services and supporting personnel. In August of 2013, Mr. Rochfort also became the President of the company enabling greater involvement in implementation, operations and customer service. Through both positions, Mr. Rochfort manages customer development, customer relationships, business development activities on a daily basis. Bill Rochfort has over 25 years’ experience in leadership roles at national start-ups and global concerns such as: Premiere Global Services, Intermedia Communications, Sprint Corporation, Cbeyond, Realistic Solutions and San Diego Gas and Electric Company. Roles and responsibilities have included building and growing top-end sales and technical support organizations in network services, SaaS applications, outsourced business services, and professional services. As a corporate officer of Intermedia, he presided over 350 direct sales and technical support personnel with responsibilities encompassing monthly sales quota for multidiscipline sales environment that exceeded $200 million in annual revenue. Bill has a Bachelors and Masters of Business Economics from University of California at Santa Barbara.

joe sebo cfo

Joe Sebo

Chief Financial Officer, Secretary and Director

Joe Sebo has held the positions of Chief Financial Officer and Corporate Secretary of Global Payout since his hiring in 2010. Mr. Sebo also became a Director in 2010. He is responsible for the financial reporting and transparency of the company, public company compliance, and oversight of other corporate functions including: investor relations, SarbanesOxley compliance, Controller, and Treasurer. In 2014, Joe commenced the strategic initiative to move the Company toward an up-listing to the OTC bulletin board. This effort has included multiple years of audit oversight and is anticipated to result in a 2015 bulletin board listing for Global Payout. Mr. Sebo’s public company involvement spans over 39 years of experience. His background includes numerous publicly traded companies and multiple licensure as a bonded Securities Agent. His licenses and positions as a registered Representative commencing in 1975 include: Series 7, Series 24, Series 63, Series 65, Certified Financial Planner, and Life & Variable Annuity licenses. He is currently registered with a California based Registered Investment Advisor, while his other licenses are on inactive status. Mr. Sebo has managed client portfolios from all walks and stages of life, business owners from many business types, and corporate clients. Mr. Sebo often consults with estate planning attorneys, accounting and tax specialists, securities attorneys, life insurance agents, retirement planners and investment bankers. Under FINRA restrictions and as Global Payout’s Chief Financial Officer, he may not advise or transact for clients in regards to Global Payout, Inc. stock. Mr. Sebo is a graduate of the U.S. Army N.C.O., Fort Benning, Georgia. As the result of his service to the United States military for reconnaissance in Viet Nam, Mr. Sebo was awarded two Bronze Star Medals for heroic and meritorious achievement.

keith buck strategist

Keith Buck

Chief Strategy Officer, Director

During his employment Prime Domain International; Mr. Buck has served as its CEO, President, and Chairman. He is also a principal partner in Prime Origins LLC, Prime Strategies LLC, and Prime Capital Partners LLC. Mr. Buck has provided corporate finance, technology development, and strategic planning guidance to the following Corporations and Financial Service Institutions: Kick Communications, Swiss Private Trust, Clarington Investments, The Economic Promotion, Neufchatel, Switzerland, Gresham Financial/Franklin Capital, Swiss Prime Telco, and the New Avenues Swiss Prime Fund, East Trend Corporation, and ISBC. His Technology Development Client experience includes projects at B&W Microsystems, Chronicle Guidance, Diebold, ITL, Celerity, SmartCard International, Cashware, and Posteasy.

billie jo smith communications

Billie Jo Smith

Director of Communications

Billie Jo was hired at Global Payout as Director of Investor Relations in April 2015. Her responsibilities primarily include managing all aspects of investor relationships including communications about the company, contract management, database management and public relations through Press Release management and social media. Billie Jo graduated Cum Laude from the University of Oregon in 2009 with a degree in Political Science and went on to receive a Masters in Political Science and Public Policy from San Diego State University in 2014. Billie Jo has held a variety of teaching, customer service and research positions which have included helping to manage and promote several small businesses as well as policy research for San Diego City Council. Her background in Public Policy Research has made her uniquely suited for understanding and communicating the rapidly changing regulatory framework in which our industry resides. Her combination of real world customer service experience and strong understanding of the industry have made her an ideal choice for communicating our mission with our investors and the public at large.