hyperWALLET Systems, a provider of global payment solutions, has launched a new online global money transfer service, targeted at Canadian consumers and credit union members. The new service enables individuals to transfer funds electronically to international bank accounts in over 30 countries worldwide.
To access hyperWALLET’s global money transfer service, users can sign up and get verified at it’s online portal, or use the hyperWALLET link within their credit union’s online banking website. Once verified, individuals can fund their hyperWALLET account and transfer money to destination bank. The company plans to expand the service to more countries in the coming months.
Lisa Shields, CEO of hyperWALLET Systems, said: “When it comes to sending money internationally, we’re providing consumers with a convenient, secure and fee-friendly alternative compared to traditional wire transfers, checks and remittance services.
“We’re also opening up a new revenue stream for our financial institution partners without requiring additional capital investment, thanks to our platform’s existing integration with leading credit union online banking services.”
Bill Crowley, VP of product development at hyperWALLET Systems, said: “Launching electronic global bank remittances in the Canadian market is only the first step, as we continue to expand our global financial partner networks and implement innovative payment delivery options, such as via the mobile handset.
“There is immense opportunity for innovation and service improvement in the international remittance market, and hyperWALLET can cost-effectively solve global payment challenges which are of critical value to both businesses and consumers. Financial institutions and mobile operators anywhere in the world can leverage our brandable technology and turnkey compliance, settlement, and customer care services to enable global money transfers for their customers.”
