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hyperWALLET Wins 2015 Paybefore Award
Wednesday, February 25, 2015Company Profile | Follow Company
hyperWALLET's “Paylution” prepaid card program selected as a winner in “Pay World” category.
Vancouver, BC, February 25, 2015--(T-Net)--hyperWALLET Systems Inc. announced that Paybefore has selected hyperWALLET's Paylution prepaid card program as a 2015 Paybefore Awards winner in the Pay World Award category.
For nine years, Paybefore Awards has conferred the most prestigious recognition of excellence in the worldwide prepaid, mobile and emerging payments industry. The awards are presented annually by Paybefore, whose publications are the leading source of industry information for emerging payments executives, according to the company.
“We're thrilled that Paybefore has recognized our Paylution prepaid card program as a winning solution in the Pay World Award category”, states Bill Crowley, Chief Product Officer at hyperWALLET.
“This category features card programs that deliver the benefits of prepaid and emerging payments to a non-U.S. audience, an area that hyperWALLET certainly excels in. Our Paylution prepaid cards are designed to solve real payment challenges faced by corporations making large volumes of global payments, and this award further demonstrates our commitment to and leadership in this area.”
hyperWALLET's Paylution prepaid card program was selected by a panel of five industry experts who served as judges for this year's competition, which—once again—included entries from around the world.
“This year's Paybefore Awards have demonstrated once again that payments companies are committed to driving out the inefficiencies of cash and checks, while also increasing value for clients and end users. We're proud to recognize the contributions of hyperWALLET and The Bancorp to advancing electronic payments,” said Loraine DeBonis, Paybefore editor-in-chief and chair of the judging panel.
hyperWALLET's prepaid cards provide flexible global payments capabilities and can be easily branded to reflect a client's identity in the marketplace. They also enable clients to leverage payments as a way to extend brand reach, drive brand awareness, and encourage brand loyalty and retention with payees.
“It has been our privilege to work with hyperWALLET since the launch of their first product in the US and to support them in Europe as well,” adds Jeremy Kuiper, Managing Director & Senior Vice President at The Bancorp. “They are an innovative organization dedicated to their customers and our industry.”
About hyperWALLET®
At hyperWALLET, our goal is to simplify the mass payments process and eliminate the barriers that stand between corporates and their payees. With hundreds of customers that touch millions of payees, our clients turn to us when faced with complex international payment challenges. hyperWALLET's user-friendly payments platform and global settlement network enables companies to distribute funds across 170+ countries in more than 30 currencies. Our range of flexible mass payout options includes direct deposits to local banks globally, branded prepaid and virtual cards, custom checks, cash pick-up services and pay to any card capabilities. With offices in San Francisco and Vancouver, you can learn more about hyperWALLET online at www.hyperwallet.com.
About The Bancorp
With operations in the U.S. and Europe, The Bancorp (NASDAQ: TBBK) is a family of financial service companies dedicated to setting a new standard in financial services and payments innovation. The Bancorp remains one of the few financial service companies in the world that specializes in providing private-label banking and technology solutions for non-bank companies ranging from entrepreneurial start-ups to those on the Fortune 500. The Bancorp Bank, one of The Bancorp's financial institutions, has been recognized as a National Preferred SBA Lender, a top custodian of Health Savings Accounts, a top ACH Originator, one of the nation's largest credit card transaction acquirers and is the leading issuer of prepaid cards. For more information please visit www.thebancorp.com.