SureTrader Nadex Advertisement SureTrader
Home > Boards > US OTC > Banking and Finance >

Global Payout, Inc. (GOHE)

Add GOHE Price Alert      Hide Sticky   Hide Intro
Search This Board: 
Last Post: 4/5/2017 9:39:28 AM - Followers: 9 - Board type: Free - Posts Today: 0

Global Payout (GOHE) 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.

The company has a product line of prepaid "off the shelf" products that can be utilized or Global Payout can customize payment solutions for qualified businesses. By coupling its network of international banks and third-party processing relationships with an innovative payment platform, Global Payout enables organizations to "plug into" an efficient and cost effective method of paying employees, contractors, investors, and commissioned agents wherever they might be located in the world.

Global Payout began operations as a business to business provider of pre-paid debit cards for payroll and general spend programs. The company then launched a Prepaid Discover® card to meet the demand of its business clients in the United States.

As a result of these efforts and with the input of their client base, Global Payout then greatly extended its reach by developing a new proprietary “payment platform” which enables companies and organizations to make necessary payments in every country a company does business. Clients can now make international payments without the need to establish banking relationships in each and every country they do business. Businesses now have an efficient, compliant and simplified system to make their all necessary international payments using Global Payout’s proprietary payment platform.

Global Payout delivers dependable and secure global payment solutions for companies worldwide. This relieves clients of burdensome and time consuming efforts to establish banking relationships everywhere they do business. The company’s “consolidated payment gateway” product can be configured specifically to the needs of each client within a short period of time.

Gateway Demo


Investment Highlights

  • Emerging Leader in International Pre-paid Card Industry
  • $791B Pre-paid Card Market Up 22% Since 2009
  • Ramping Up an Aggressive, Proven Sales & Marketing Strategy
  • Providing Next-Generation Solutions on a Global Scale
  • Addressing 73M+ Unbanked American Population
  • Preparing for Smartphone Payment Application


CPG Value

Establishing and maintaining a successful global presence depends heavily on a company's banking relationships throughout the world. No longer can a company depend strictly on its corporate banker to manage its payments because they typically do not have a network to support the company's overall needs as an international organization. Global Payout and its strategic partners have developed and are delivering a highly secure payments network to seamlessly pay a company's employees, members, suppliers and contractors wherever they are located in the world.

The business associate is provided with a very easy to use virtual account which they can configure to meet their specific payment needs. They can configure their account to send funds to their bank account (country dependent), a debit card, put a credit on a credit card, or send money to another person on the system.

In addition Global Payout also delivers a complete management console for the client to have all of the financial controls necessary to monitor payment activity in the U.S. and throughout the world. This permission driven system gives the company a real-time picture of all payments in and out of the company along with the necessary cash management tools required in a growing company. This can be implemented by country, by division or at a single point of control or in any configuration required to control payments going out, as well as coming into the organization.

Whether operating in one country or many, Global Payout delivers a secure payment network so that the client can send payments to its workforce located anywhere in the world, in the shortest amount of time and at the lowest possible cost. Global Payout along with its partners deliver internet and mobile based payment solutions through its banking network in the currencies required by its clients. A key factor to its success is that Global Payout provides its client with solutions tailored specifically to its business requirements, through secure and compliant technologies recognized worldwide.


CPG – a complimentary payroll and remittance solution program:

  • Provide an international and domestic payment account for all employees, contractors, affiliates and suppliers in a timely and efficient system.
  • Conserve cash and eliminate checks while paying individual accounts in real time.
  • Supply a USD based and Euro based prepaid debit card to business associates who need it to access their cash at millions of ATMs and retailers globally.
  • Provide an alternate means of receiving their money to their bank account or directly to an existing debit or credit card.
  • Eliminate checks not received and reduce workforce calls into customer service.
  • Provide solutions to your most difficult payment challenges.
  • FX conversions in local country currency.
  • International and Domestic Merchant Processing.


Signature Solutions

The MoneyTrac Consolidated Payment Gateway

The MoneyTrac Consolidated Payment Gateway (CPG) from Global Payout provides 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 its processors and banking relationships, 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.


Domestic Pre-paid Card

Global Payout’s domestic pre-paid cards offer lower processing fees, no overdraft fees, and no minimum balance. The card allows users to make purchases at the point of sale, on the Internet and at mail order/telephone order merchants.

  • 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


European Chip and Pin Pre-paid Cards

Global Funding Ltd., a United Kingdom company and wholly owned subsidiary of Global Payout, 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. The new chip and PIN Card enables such transacts in this way when traveling. If the country the user is visiting does not support this method the payment terminal will provide the user with a receipt to sign.

Designed for overseas travel, the Global Euro Prepaid Card can be used just like a debit card, at any merchant, including restaurants, shops, ATMs and entertainment venues worldwide.


International Pre-paid Cards

As of August 9, 2013, Global Payout has loaded more than $2.57 million in customer funds onto its International Prepaid Card platform year-to-date. The company plans to continue to build on this momentum throughout the remainder of 2013 and well into 2014.

In Q1 2013 load volume on the International Prepaid Card platform was $860,596, another $1.3 million was loaded in Q2 2013, which represents quarter over quarter increase of 52%. As the pipeline of new clients’ complete implementation in Q3 and Q4 of 2013, load and transaction volume will increase accordingly and contribute significantly to revenue growth for the company in the coming quarters.


Company & Cardholder Advantages:

  • Global Payout’s International Bank Partner is a Caribbean bank and is licensed to issue $USD and €EUR denominated debit cards.
  • The company’s Bank Partner issues and processes all transactions internally, is fully regulated & compliant with all banking regulations and has over 10 years of 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 the user to make purchases at the point of sale, on the Internet and at mail order/telephone order merchants.



Custom and Co-brand 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.

Custom cards

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.

Custom cards

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

Global Payout specializes in helping businesses secure payment processing services through an acquiring bank by leveraging a network of more than 20 banks and processors from around the globe. The company’s principals have decades of experience in the payment processing field, which is used to locate and implement the solution that is most closely aligned to each client’s individual commercial needs.


Fees and Charges

The merchant processing will vary in cost depending on each client’s risk profile. Rates typically start at 2.5% for low-risk, and can reach up to 9.5% for very high risk industries that are subject to chargebacks. International merchants processing high volumes may qualify for lower rates. In order to set processing rates, the bank's risk department will study a number of factors including the client’s processing history, credit rating, volume, average and high sale prices, location, merchant category and others.


Global Payout for Global Merchant Accounts

Global Payout offers a single source solution for all payment requirements. The company regularly works with a range of merchants who have had bad experiences with other providers and has helped many clients to accept payments via an international Internet merchant account.



The Market for Pre-paid Debit Cards

Pre-paid debit cards provide a tremendous opportunity for unbanked and under-banked employees in any industry. More than 73 million people in the U.S. do not have a traditional bank account or are underserved within current financial institutions.

These individuals are annually cashing about 180 million checks at check cashing businesses, which are often located in inconvenient and unsafe areas, collectively paying check cashing fees of more than $9 billion.

The administrative costs of producing and distributing these checks alone are staggering and lost and stolen checks cost employers $48 million annually. Roughly 500 million checks are forged annually, totaling over $10 billion in losses.

With pre-paid debit cards, employers can deposit cash directly to the employees’ cards, eliminating the inconvenience of check cashing as well as the risk of lost, stolen or forged checks. For companies, pre-paid debit cards provide a way to cut the cost and administration of producing and distributing checks.


Smartphone Application

Global Payment will soon launch its MoneyTrac™ Smartphone App, compatible with Android, iPhone and Blackberry.

The MoneyTrac™ mobile phone app allows basic operations such as:

  • Payments to bank accounts, credit and debit cards, prepaid cards
  • Transfers to community members
  • Retrieving account balance
  • Accessing recent transaction information


Management Team

Global Payout is led by a management team comprised of pioneers in domestic and international payment delivery solutions. The company is well-positioned to leverage their long standing international financial relationships to expand their services and global reach. Even during this expansion, Global Payout remains committed to serving domestic and international clients and providing them with customized one-stop solutions that address each client’s specific payment needs.


James L. Hancock – Chief Executive Officer, Director

Hancock has held a variety of senior management, sales and investment banking positions since commencing his business career in 1978. After his graduation from law school, he represented an investment group that purchased ECM Products. As Vice President of Finance, Hancock handled the day-to-day operations, successfully leading the turnaround of this pressure vessel manufacturer. In 1979, he was appointed President and CEO and directed the company until the investment group sold its interest in 1982.

After serving as Vice President of Sales and Marketing for Resources International, an oil and gas drilling company in Newport Beach, CA, Hancock formed his own investment management company in 1983. As CEO of Partner Management Company, Del Mar, CA, Hancock created investment partnerships and joint ventures for natural gas drilling and real estate. Under Hancock's direction, Partner Management successfully raised and managed over $25 million of invested funds creating an average rate of return of 12% annually.


William M. Rochfort – President, Executive V.P. Sales and Marketing

Rochfort has over 25 years of experience that includes executive leadership roles building and growing top-end sales and technical support organizations in network services, SaaS applications, outsourced business services, and professional services. The field environment covered a broad range of national start-ups to global concerns. As Executive Vice-President of Sales and Marketing for Global Payout, Rochfort is responsible for building and supporting a network of international distributors, master agents, channel partners, and VARS to accelerate the expansion of global sales.


Gil Hooper – Board Director, Senior Vice President

Hooper was appointed to the Board of Directors in October 2011 and is a Senior Vice-President for Global Payout. Hooper, an international payments sales and marketing professional, brings with him an extensive resume including international banking, debit card issuing and processing, eWallet systems, cross border remittance and mobile payment applications. He is currently the CEO of Boundless Payment Solutions, Inc. and the Managing Partner of 3G Consulting, both financial systems companies headquartered in San Diego but operating globally. He also is a co-founder and principal partner in a lending organization headquartered in Mexico City called Mi Adelanto and, through the 3G organization, an issuer of debit cards throughout Mexico. He has offices in San Diego, Mexico City and London.


Joseph Michael Sebo – Chief Financial Officer, Secretary, Director

Sebo’s personal investment experience and experience with his clients include stocks, bonds, exchange traded funds (FTF's), mutual funds, closed-end funds, commodities (gold, silver, pork bellies, live cattle, sugar and lumber); limited partnerships including commercial and residential real estate, motion pictures, oil and natural gas; and, Private Placement experience including real estate, live cattle feeding operations, airline passenger jets, RFID (Radio Frequency Identification), and trash recycling.


Jack Chang – Senior VP - Business Development

Chang is an inventor, a businessman and an entrepreneur. He is a pioneer of modern banking automation - having invented bankcard encoding and embossing systems (1979), the ATM (co-inventor - 1972), various forms of EFTS (Electronic Funds Transfer System; 1980+), first POS and PC-based bank teller system (1987) and other technologies and markets.


Cesar Paz – VP of Business Development

Paz brings international leadership expertise in sales, marketing and technology innovation. He has experience working with multiple processors – FIS, 12Qc, BanX, CardFlex - in both the U.S. and Latin America Market. He worked as a Program Manager for CardMart Inc., one of the pioneers in the prepaid card business. Paz also serves as the President of LMR Corporation a company based in Los Angeles area and that company has several business relations that can help to develop the objectives of Global Payout, Inc.


Alex Resnevics – VP of Operations

Resnevics has over 15 years of management experience including companies at the local and national level. His career began in Colorado while attending Colorado State University. Subsequent promotions provided Alex the opportunity to work throughout multiple states until finding a home in Southern California.


Global Payout, Inc.
1835 Sunset Cliffs Blvd., Suite 202
San Diego, CA 92107
Phone: (800) 594-4350




GOHE Security Details

Share Structure

Market Value1 $5,332,172 a/o Jul 15, 2013
Shares Outstanding 68,406,880 a/o Mar 31, 2013
Float 5,012,403 a/o Mar 31, 2013
Authorized Shares 100,000,000 a/o Mar 31, 2013
Par Value No Par Value


Shareholders of Record 746 a/o Mar 31, 2013

  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
Current Price
Bid Ask Day's Range
GOHE News: Global Payout's Subsidiary, MoneyTrac Technology, Inc., Introduces the Virtu Network Solution 04/19/2017 07:52:00 AM
GOHE News: Global Payout Announces the Issuance of a Licensing Agreement for its Platform to MoneyTrac Technology Creating a Revenue Str... 04/12/2017 06:45:00 AM
#190   $GOHE +35% last traded at .031 Stock Sumo 04/05/17 09:39:28 AM
#189   $GOHE News out this AM!!! Stock Sumo 04/05/17 09:38:32 AM
#188   Higher highs and higher lows. Of course your Crapola2theleft 03/08/17 12:25:48 PM
#187   Wish I could find out what and who. iwitness4jc 03/06/17 04:14:37 PM
#186   246,500 shares today. Thursday and Friday last week, Crapola2theleft 03/06/17 04:05:05 PM
#185   I want in. She's a runnin'. $GOHE jjr04001 03/06/17 08:59:09 AM
#184   Another 289,000 + shrs today with a company iwitness4jc 03/03/17 07:08:45 PM
#183   My apologies iwitness4jc, you posted this yesterday. Your Crapola2theleft 03/03/17 03:52:09 PM
#182   Your little on the high side by over Crapola2theleft 03/03/17 03:41:38 PM
#181   What the heck happened today? Over 769000 shares iwitness4jc 03/02/17 04:39:11 PM
#180   News from GOHE as seen on Yahoo Finance: iwitness4jc 02/01/17 07:45:55 PM
#179   Thanks Witness! Bacon_Beggar 02/01/17 05:10:31 PM
#178   Bacon Begger, I spoke with Mr. Sebo today iwitness4jc 02/01/17 03:51:26 PM
#177   No one manning their "Contact Us" email? Bacon_Beggar 01/31/17 06:12:15 PM
#176   Crapola, you are very welcome! Bacon_Beggar 01/25/17 12:02:25 PM
#175   Bacon Beggar, NO, your not making something out Crapola2theleft 01/25/17 10:29:46 AM
#174   Board Members not listed on website? Bacon_Beggar 01/24/17 04:09:12 PM
#173   A 1,000 shares? Are you kidding me? Piker! Crapola2theleft 12/12/16 11:01:23 AM
#172   Tic, tic, tic Crapola2theleft 12/06/16 04:31:29 PM
#171   One day very soon, someone who just sold Crapola2theleft 12/06/16 04:28:53 PM
#170   Clarification: last of this stock, does not mean Crapola2theleft 11/11/16 02:32:06 PM
#169   I've noticed that no one states how many Crapola2theleft 11/11/16 01:05:35 PM
#168   Understood, thanks iWitness! Bacon_Beggar 11/08/16 08:08:49 PM
#167   Bacon, my info came from a website called iwitness4jc 11/01/16 10:50:53 AM
#166   Me again, I also read that you were Bacon_Beggar 10/27/16 07:40:07 PM
#165   Hi iWitness, Bacon_Beggar 10/27/16 07:33:57 PM
#164   Hey Crapola, good to hear from you. I iwitness4jc 10/20/16 03:41:11 PM
#163   iwitness, I'm probably really stupid for asking this, Crapola2theleft 10/17/16 12:04:32 PM
#162   For those looking for news from GOHE here iwitness4jc 10/14/16 08:59:05 PM
#161   Do have a real name? How about a Crapola2theleft 08/03/16 06:41:05 PM
#160   They finally have a new message on Facebook Bartstool_Climber 08/03/16 02:28:53 PM
#159   Latest news about GOHE from the OTCmarkets site: iwitness4jc 07/24/16 07:37:56 PM
#158   May jump in here. Someone loading big today e_money 06/17/16 01:40:28 PM
#157   New look, new website, new direction and a Stens1989 06/15/16 09:51:26 AM
#156   Sounds great. Now try to call them or RocketRob 05/20/16 02:26:36 AM
#155   Crapola, here is the website that has the iwitness4jc 05/17/16 09:07:49 AM
#154   OK Crapola, here is what I knew when iwitness4jc 05/16/16 12:57:04 PM
#153   Well, here it is 43 days later, name Crapola2theleft 05/16/16 01:08:58 AM
#152   ok iwitness4jc 05/06/16 04:11:44 PM
#151   I guess the market agrees with you as buxmaker 05/06/16 03:08:12 PM
#150   It *sounds* like good news, and I have RocketRob 05/06/16 02:21:23 PM
#149   Uh... May 6th... Price looks like 0.02 and RocketRob 05/06/16 02:12:15 PM
#148   Thanks, I found it on the OTC sight. iwitness4jc 04/26/16 03:22:56 PM
#147   SAN DIEGO, CA / ACCESSWIRE / April 26, buxmaker 04/26/16 03:22:35 PM
#146   Google "Global Payout News" LutherTiggs 04/26/16 03:21:53 PM
#145   buxmaker, I am not finding any announcements about iwitness4jc 04/26/16 03:17:11 PM
#144   well, it says $25M in fees for 100 LutherTiggs 04/26/16 03:10:36 PM
#143   This seems like some pretty solid news. buxmaker 04/26/16 02:30:51 PM
#142   Well, well, well, day 21 and guess what? iwitness4jc 04/26/16 11:50:50 AM
#141   I agree Rob, but I have had some iwitness4jc 04/26/16 09:14:46 AM