Global Payout, Inc. (OTC Pink: GOHE) has reached an agreement with IFLOW Limited to supply its affiliate members with its reloadable International Debit MasterCard(R). Global Payout will provide each of IFLOW Limited members with this prepaid card to receive commission payouts on a weekly basis. IFLOW, headquartered inHong Kong, anticipates 50,000 affiliate members in 2013 and estimates 10,000 will be active cardholders of the International prepaid card. Once prepaid cards are fully operational with IFLOW affiliates, it is anticipated that $12 million will be loaded annually and Global Payout will gross $300,000 of annual transactional revenue.
The IFLOW executive team has packaged several successful software programs for entrepreneurs. Included with the package is Wealth Dynamics, a profiling test for individuals to help focus on their strengths and to achieve goals and objectives in a better way. "The leadership team with IFLOW has developed a strong reseller channel for distributing to their entrepreneur base. We are looking forward to supporting the international payouts to all their members and the successful growth throughout the globe," states William Rochfort , V.P. Sales and Marketing, Global Payout, Inc.
"The IFLOW programs are really well positioned to help our members provide a better system for improving their day-to-day organization of their business goals and objectives," reports Mr. Yoshimitsu Hasegawa , General Manager of IFLOW. "This international prepaid card will help our members gain easy access to their commission payments and use for on-line or merchant site purchases."
About Global Payout, Inc.
Global Payout, Inc., www.globalpayout.com, headquartered in San Diego, California, is a program manager offering businesses electronic payment and prepaid card solutions. Global Payout has a product line of prepaid products that can be utilized off the shelf or the company can customize payment solutions for qualified businesses. Through Global Payout's processors and solution providers, the company offers both international and domestic payment solutions. The company provides for U.S. and international prepaid cards allowing account holders without bank accounts to access funds worldwide. As program manager, reseller and consultant, Global Payout is a provider of prepaid cards in the U.S. for payroll and general spend programs. In addition, Global Payout offers an electronic payment platform that will allow transfer of money to bank accounts and remittance locations, worldwide.
About IFLOW Limited
IFLOW Limited, www.iflowin.com, is headquartered in Hong Kong and has members throughout the world. The company provides business improvement platform and software targeting the entrepreneur segment. Their products include Wealth Dynamics, a popular individual strengths profiling test, which helps them to strengthen their strong points and leverage that information for better performance.
Forward-Looking Statements Disclosure:
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will" and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risk, and uncertainties, and by reference to the underlying assumptions.
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SOURCE Global Payout, Inc.
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