Wednesday, February 01, 2017 7:45:55 PM
Latest SAN DIEGO, CA / ACCESSWIRE / January 31, 2017 / Global Payout, Inc. (OTC PINK: GOHE) is pleased to announce that it has entered into a licensing agreement with First American Electronic Payment Solutions, Inc. ("FAEPS") / Intradata Solutions, a New York corporation. FAEPS is in the business of designing state-of- the-art software systems ("Software") for companies wishing to process money remittances, wire transfers, bill payments, B2B, eWallet, currency exchange and other types of financial transactions.
The license agreement is for a term of 36 months. As an acting program manager, Global Payout will integrate the state-of-the-art software provided by FAEPS and continue to provide project management advisory services, and direct account provisioning systems that can be offered through Global's, eWallet platforms, and digital currency management, located throughout the world.
"We have been following the work of FAEPS and IntraData since developing Global's Consolidated Payment Gateway in 2014. We have maintained a close working relationship with the management team at FAEPS, and are happy to take these next steps in that relationship to execute a licensing agreement that will prove integral in our software development process. We believe, that a combination of their software and Global's existing and future international client base, will allow us to further penetrate the Fintech market space." said James Hancock, Chairman and Chief Executive Officer.
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