Payment Network

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Extend your payments reach, worldwide


Countries Supported: 53
North America Canada United States Mexico South America Brazil Peru Europe United Kingdom Austria Belgium Bulgaria Cyprus Czech Republic Denmark Estonia Finland France Germany Greece Hungary Iceland Ireland Italy Latvia Liechtenstein Lithuania Luxembourg Malta Monaco Netherlands Norway Poland Portugal Romania Russia Slovakia Slovenia Spain Sweden Switzerland		Asia - Pacific Australia New Zealand Hong Kong India Japan Malaysia Philippines Singapore South Korea Taiwan Thailand Middle East United Arab Emirates Israel Turkey Africa South Africa Coming Soon: Albania Boznia-Herzegovina Chile China Indonesia Serbia
hyperWALLET's Global Payments Reach
Currencies Supported: 25
AUD AED BRL CAD EUR GBP HKD	ILS INR JMD JPY KES KRW MXN	MYR NZD PHP PLN RUR SGD THB	TRY TWD USD ZAR

Languages Supported: 16
Arabic Chinese English French	German Greek Hebrew Italian	Japanese Korean Malay Polish	Portuguese Russian Spanish Thai

Example payment flow via hyperWALLET >

Our integrated financial network enables:

100% electronic global payment distribution to 53 countries
Support for 25 native currencies
Localized payment services in 16 native languages
Quick, cost-effective funds delivery to beneficiaries
Payments across international markets and 3rd party settlement networks

View Global Payment Clearing Networks >

Your global payments challenge

Global beneficiaries, disparate needs

Global beneficiaries often have widely disparate needs, driven by factors such as:

Banked/unbanked
Currency/FX
Card acceptance
Check cashing costs

Payment network options (ACH, ATM, Visa/MA, etc.)
Time (funds clearing)
Geography

Prior to hyperWALLET, commercial customers could not identify a single program manager which provided services across all of these needs.

For example, an unbanked consumer may have preference for a prepaid card or distribution through an agent network.

Limited payment options for businesses & individuals

A banked consumer may have preference for funds deposited directly in their bank, or split between banks. Businesses and individuals operating in more than one country are challenged in small value global payments.

Most commercial customers have no other option but to pay through USD checks or USD prepaid cards. Consumers of payment services need solutions, not multiple products to which they must adapt.

Solving the global payments challenge

Few software providers have had the experience of running a payment network. The antecedent of beneficiary complexity is that associated with the numerous ACH clearing systems. Local ACH has many flavors, rules and message types.

SWIFT offers uniform messaging, but not uniform clearing and settlement. Global Transaction Services (GTS) teams offer local clearing but are expensive, with few tools for either the remitter or the beneficiary to manage accounts, status and costs.

hyperWALLET’s payment network addresses these issues.

Our payment network:

Started in the payroll function, meeting the needs of commercial customers paying their employees across the globe.

Is adapted to each country’s local ACH and retains funds in-country for local clearing, allowing us to provide superior speed, customer service, operational efficiency and control.

Enables local clearing and settlement accounts in 53 countries and centrally manage treasury, settlement, risk and FX.

Treasury & FX

There are numerous synergies between our network, platform, operational controls, and operations team.

We operate as both a service provider on customer accounts, as well as our own. It is this operational experience which has driven our focus and capabilities.

Our Treasury Manager application:

Allows commercial customers to configure thresholds, approvals and release of funds. This allows us to adapt with local regulatory requirements covering multiple remittance types.

Our global net settlement and FX services:

Ensure we have adequate funds in-country, prior to processing local remittance instructions (which are sent 1-2 times per day).

Alternate Settlement Networks

Bankers typically view alternative payment networks negatively, particularly those
which leverage ACH clearing and cause liabilities run-off.

As an example, for the Canadian marketplace, hyperWALLET’s 200 Canadian credit
union customers benefit from hyperWALLET’s connector to PayPal.

The PayPal connector allows consumers to retain funds within the security of their bank accounts, and credit funds to any PayPal beneficiary worldwide.

Similarly, we enable any customer to link overseas accounts to their Canadian bank account to transfer funds or pay bills.

Our unique KYC & fraud controls allow us to manage this risk and provide our bank customers with global payment services in advance of most large FIs.