San Diego, April 8, 2015 (GLOBE NEWSWIRE) -- SAN DIEGO - April 2, 2015-- Global Payout, Inc. (OTC Pink: GOHE), a leading provider of international electronic payment solutions, announced today that it has recently contracted with Help Worldwide, Inc. ("Help") to license its patent-protected, loyalty program and services to further enhance and set apart Global Payout's prepaid products as second to none. Help is a back-end service provider offering custom point management systems, access to deep merchant discounts, benefits and rewards, a points redemption catalog and an imbedded charitable giving formula which is automatically and seamlessly added to financial products through a simple registration process. Help's unique loyalty and rewards program incorporates patented, state-of-the-art technology which enables loyalty points to be earned, tracked and transmitted across all standard debit and credit card swiping terminals on a worldwide basis. This technology will be directly embedded into Global Payout prepaid cards so that the cards can be swiped at any POS terminal or used for online purchases and the cardholder will earn loyalty points which will be automatically credited to the cardholders membership account. All points earned on the Global Payout prepaid cards, regardless of the issuing merchant, will be aggregated into one central account, or dashboard, within the Help system making points management from various vendors easy to manage and redeem through Help's Points Catalog. By registering for this ultimate Global Payout rewards card, members can earn points, discounts, benefits and rewards and at the same time help support humanitarian efforts locally and around the world. All clients of Global Payout, whether Consolidated Payment Gateway accountholders, MoneyTrac™ Prepaid Discover® Card cardholders, Prepaid MasterCard® cardholders or other custom or branded card program participants, will automatically be eligible for enrollment in the Help loyalty program. This integration with Help is expected to generate considerable customer acquisition and customer retention results, as well as significant revenue contribution to Global Payout. Any company wanting to make self-directed payouts to its employees, customers, members, associates or representatives can also utilize one of Global Payouts card programs and be automatically eligible for enrollment in the Help loyalty program and earn points, discounts, benefits and rewards by simply using their Global Payout card.
The Help loyalty program is a value-added service offered in addition to the WellCard™ Health Discount Plan already included with Global Payout card programs. This WellCard™ benefit offers pre-negotiated health services with over 410,000 physicians and 45,000 ancillary providers in a nationwide network. Savings can range from 30% to 80% for doctor visits, surgical centers, X-Ray, MRI and Imaging, lab work, dental, vision, hearing, diabetic care services and daily living products. Over 59,000 local and national pharmacy locations accept the card and cardholders can save up to 65% on medications including nearly all brand-name and generic prescriptions. There is no cost or charge to active cardholders to maintain this robust discount plan for most health services.
"We consider the Help Worldwide loyalty program a 'game-changer' for the industry, for our company and for our customers. And a major driver, too, because of the inherent value and vast range of features and benefits associated with the Help Worldwide rewards platform, we consider our card offerings to have leaped to the front of the line in terms of value and desirability. We are fortunate to be one of the first prepaid card companies able to add the Help Worldwide loyalty and rewards platform to our products. We feel the benefits offered by Help Worldwide and the WellCard™ make our cards some of the very best available," said Jim Hancock, CEO of Global Payout.
Richard G. Stewart, Jr., CEO of Help Worldwide, Inc., also expressed his enthusiasm over this new relationship with Global Payout saying, "This is just the beginning of what we can do together. I'm excited about working with companies like Global who share our vision of positive social change through corporate involvement that incentivizes individuals, through their normal consumerism, to give back to worthwhile causes… together we believe we can change the world for the better, one transaction at a time!"
More details and developments are anticipated with Help's loyalty program and services. Global Payout plans additional announcements as developments occur.
About Global Payout, Inc.
Global Payout, Inc. (www.globalpayout.com) is a leading provider of comprehensive, customized electronic payment solutions for domestic, international and multinational businesses, organizations and government agencies worldwide. Global Payout implements payment solutions tailored to a client's specific needs, which may include MoneyTracTM, the company's Consolidated Payment Platform (CPG), domestic and international prepaid cards, chip and pin cards, custom and co-branded prepaid cards, and merchant processing services. The company targets an estimated $3 trillion market including the estimated 60-70 million unbanked and under-banked adults in the U.S. and the estimated 2.5 billion unbanked and under-banked adults around the world.
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About Help Worldwide, Inc.
Centered on a coopetition business model, Help Worldwide is driving social change at an incredible speed with its innovative technology and global network of socially-conscious consumers, businesses and charitable organizations. HELP stands for the "Humanitarian Empowerment Loyalty Program" and its goal is to help support humanity by generating continuous charitable donations with everyday shopping. With that goal in mind, Help Worldwide and its partnering organizations have created a unique, loyalty and points management platform for businesses and charities desiring to add value to their customers and supporters by incorporating points, discounts, rewards and charitable giving within one all-inclusive membership. For more information, visit www.helpworldwideinc.com.
Forward-Looking Statements
The statements in this press release are forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to, our ability to complete post-closing conditions to the merger, and any other difficulties related to risks and effects of legal and administrative proceedings and governmental regulation, future financial and operational results, competition, general economic conditions, and the ability to manage and continue our growth.
Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents we file from time to time with the SEC. We undertake no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
CONTACT:
Global Payout, Inc.
Investor Relations
IR@GlobalPayout.com
1-800-594-4350