Global Payout Inc is a United States-based company engaged in providing comprehensive and customized prepaid payment solutions for domestic and international organizations distributing money to their employees and members worldwide. Its third-party processing relationships allow companies and sales organizations an efficient and cost-effective method to initiate worldwide payments via an electronic wallet and prepaid debit cards. The group utilizes global reserve platform to offer its services. Some of its products and services are mobile wallets, loans management, prepaid card, debit card, and credit card management, on-demand virtual account, remittance, biometric authentication, foreign exchange services, payment processing services among others.
As of August 2, 2018, Global Payout, Inc. was acquired by MoneyTrac Technology, Inc., in a reverse merger transaction.