June 13, 2012

hyperWALLET and Fidor Bank AG to cooperate in global e-payments sector

VANCOUVER-MUNICH-- Vancouver-based hyperWALLET Systems Inc. and Germany’s Fidor Bank AG have announced a binding MOU to develop close and extensive collaboration in the international e-payments sector. 

“We are excited to begin this bilateral relationship with Fidor Bank AG. Fidor is redefining the term 'community banking' by providing a platform in which the community quite literally defines the services the bank provides”, states Lisa Shields, President and CEO of hyperWALLET, a provider of online, prepaid card and mobile international payments. "Once hyperWALLET's global payment connectivity is added, Fidor's community will be free to start defining remittance and other international payments services it wants. Meanwhile, hyperWALLET's North American customers will benefit from innovative European payables and receivables solutions that become possible only through Fidor Bank."

The relationship between the two organizations is a positive one, according to Matthias Kröner, Chairman of the Board of Fidor Bank AG. “This cooperation between hyperWALLET and Fidor Bank AG will open up entirely new areas of business and banking capabilities for customers. By leveraging connections to hyperWALLET’s innovative payment platform and global payment network, our ‘FidorPay’ account will quickly become a powerful international offering."







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