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hyperWALLET Launches Payment Services to Brazil and Thailand
Monday, December 22, 2014Company Profile | Follow Company
Companies can now pay payees in both countries quickly and cost-effectively using bank deposit, prepaid card and cash pick-up options.
Vancouver, BC, December 22, 2014--(T-Net)--hyperWALLET Systems Inc., a global payments solution provider, has launched low-cost payment services to Brazil and Thailand. The newly supported countries enable companies to pay payees locally using bank deposit and prepaid debit cards, as well as via cash pick-up services (Thailand only).
Disbursing payments to Brazil and Thailand can be an expensive and challenging process for businesses due to various cross-border currency restrictions, according to the company. Now, by leveraging hyperWALLET, companies can make electronic payments to Brazilian bank accounts and Thai bank accounts in BRL and THB currency, respectively.
Additionally, companies can pay payees in both countries using prepaid debit cards in USD, EUR or GBP currencies, or make fast payments in Thailand within 1 business day using cash pick-up services at agent locations throughout the country.
“Both Brazil and Thailand are fast growing emerging economies which hyperWALLET customers see as key new markets in their global business strategies. We have listened to their priorities and are happy to deliver payments now to these two key destinations”, states Mike Monty, SVP of Sales & Financial Networks at hyperWALLET.
With the addition of payments to Brazil and Thailand, hyperWALLET continues to expand its global financial network and support the diverse payment needs of companies and their payees in 170+ countries worldwide.
Businesses interested in making payments to either country can contact hyperWALLET at +1 (855) 449-3737, email solutions@hyperwallet.com or request a demo to learn more.
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 worldwide, 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.