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SOURCE Global Payout, Inc.
SAN DIEGO, March 5, 2013 /PRNewswire/ -- Global Payout, Inc. (OTC Pink: GOHE) has reached an agreement with Cyber Kids Best Education, LTD (CKB) to supply its affiliate members with its reloadable International Debit MasterCard®. Global Payout will provide each of CKB's members with this prepaid card to receive commission payouts on a weekly basis. CKB, headquartered in Hong Kong, anticipates 50,000 affiliate members in 2013 and estimates 10,000 will be active cardholders of the International card. The International Debit MasterCard® will enable cardholders to access cash without the expense and time of receiving and depositing checks. CKB members will be able to access their payouts at over 1 million ATMs on the same day of commission payments and give their members the ability to purchase products and services at over 30+ million merchants or online stores, globally.
"The CKB team has developed innovative children's distance learning software and offers a comprehensive range of health food, specifically formulated for infants and children, all available for the international markets. In addition to their existing membership, we anticipate tremendous growth for CKB's on-line products. We are fortunate to provide all of CKB's payout requirements, and anticipate adding new technology to their membership base as the company expands their reach," states William Rochfort, V.P. Sales and Marketing, Global Payout, Inc.
"CKB is a family oriented business offering children's distance learning software and healthy foods on a global basis," reports Howard Shern, International Sales and Marketing Director for Cyber Kids Best. "The International Bank MasterCard® 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 management consultant services company offering companies 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 Cyber Kids Best Education
Cyber Kids Best Education, www.ckbested.com, is headquartered in Hong Kong and has membership throughout the world. The company provides distance learning software and children's health food alternatives through their web-based Family World Platform. Their flagship products and their more popular software is Memory Max, Rockee Junior, "DiZiGui" (standards for being a stand-out pupil and good child), Sh'room (Elementary English Learning) and FQ Genius.
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.
Equiti-trend Advisors, LLC
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