Global Payout, an international payment solutions provider, has entered into a contract with the National Wealth Center (NWC) to provide electronic payments solutions to the US-based corporation.
Global Payout will offer MoneyTrac debit cards domestically, and Chip and PIN EMV cards internationally to NWC apart from lending its Consolidated Payment Gateway (CPG) solution to make commission payments electronically to agents around the world.
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A general purpose reloadable debit card depending upon the location will be issued to distributors who receive payments through CPG.
NWC has placed an initial order comprising fees for 500 domestic and international debit cards along with the set-up of Global Payout’s proprietary CPG platform.
Global Payout CEO Jim Hancock said: "National Wealth Center has projected significant growth for its prepaid debit card and CPG needs over just the first 12 months of the program.
"With distributors in the U.S. and in countries around the world, Global Payout is prepared to meet all of National Wealth Center’s needs both now and in the future."
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