SAN DIEGO, Jan. 10, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- PRESS RELEASE -- Global Payout Inc. and its wholly owned subsidiary MTrac Tech Corporation have announced the release of its system’s API for the purpose of integration with POS companies in the cannabis industry.
The MTrac team has engaged with several POS companies over the last few months to discuss integration initiatives. These companies, responsible for daily uploads of seed to sale tracking data into each state’s regulatory portal, will now be able to add card processing to their systems which would merge inventory management and payment processing into one solution. MTrac’s ability to integrate with industry POS companies will deliver further compliance and seamless transactions to dispensaries, improving all stakeholders’ comprehensive value positions.
“Since our initial launch in October, we knew early on the value of getting our API ready for POS integrations, and we are thrilled to be taking the next steps toward making these integration initiatives a reality,” said Jason LeBlanc, COO of MTrac Tech. “The value of integrations cannot be overstated. This is the moment when the paradigm shifts and together, with our future integration partners, we have an opportunity to bring legitimacy to the cannabis industry by offering solutions as a regulatory tool through enhanced transparency, security and compliance."
