Global Payout to Provide its Global Reserve Platform to VAT Recovery Leader Through Execution of Customized Licensing Agreement

Global Payout (OTCP:GOHE) has announced it has finalized customized licensing agreement for the use and exclusive white labeling of its Global Reserve Platform with Companies Trade & Service.
As quoted in the press release:

With this agreement, the Company will white label the Fintech solutions available within its Global Reserve Platform to provide CTS with an integrated software solution. This software will give CTS an opportunity to more effectively process and manage business-to-business related VAT recoveries, as well as FOREX processing for the SME’s and global companies they service worldwide.
The Company contends that this agreement is an important first step into the growing arena of VAT recovery. A multitude of global enterprises are actively seeking Fintech solution services to gain better control over what is often a complex process that requires a major investment of time and resources, and can also contribute to lost revenue when not managed properly.
“We are very excited to have executed this licensing agreement with Companies Trade & Service,” said Global Payout President, William Rochfort. “Both our companies recognize the growing need in our global economy for improved processes to more effectively manage the myriad of challenges that are associated with VAT recovery. The integration of our Global Reserve Platform with the existing processes CTS utilizes for VAT recovery will fortify the back-end of this process for them and thereby maximize their ability to issue recoveries back to their clients more efficiently than ever before,” Mr. Rochfort remarked further.

Click here to read the full press release.