March 27, 2012

hyperWALLET wins 2012 Paybefore Award

VANCOUVER--hyperWALLET, a leading provider of global payment solutions, today announced that Paybefore has chosen hyperWALLET’s “Paylution” Visa prepaid card program as the 2012 Best in Category  winner for Prepaid Incentive, Reward, Rebate or Loyalty Programs.

Paybefore is the leading source of industry information for the global prepaid community. The Paybefore Awards, now in their sixth year, are the most prestigious recognition of excellence in the worldwide prepaid and stored value card industry. The award was presented by Paybefore at the 2012 Prepaid Expo held in Las Vegas on March 12, 2012.

“We’re thrilled that Paybefore has recognized the Paylution Visa prepaid card program as a winning solution in the corporate incentive category”, states Bill Crowley, VP of Product Development at hyperWALLET Systems Inc. “Our program was designed to solve real payment issues faced by corporations making large volumes of commission payments. This award demonstrates our leadership and comittment to the direct selling industry.”

The Paylution corporate incentive prepaid card program is an integral component of hyperWALLET’s payment solution for the Direct Selling Industry. Prepaid cards are a cost-effective way for direct selling organisations to pay commissions to thousands of independent sales representatives while promoting their corporate identity with branded Visa prepaid cards. The Paylution prepaid card is fully integrated within hyperWALLET’s brandable, multi-currency stored value payment solution, which also includes direct deposit service to over 50 countries in local currencies and is available via online and mobile wallet channels in 20 languages.

“The Paybefore Awards were created to honor companies and individuals that are keeping prepaid on the cutting edge of payments,” notes Loraine DeBonis, Paybefore editor-in-chief and chair of the judging panel. “Our industry continues to break new ground and expand the reach of electronic payments because of companies like hyperWALLET Systems Inc., who make innovation and execution a priority. We are proud to recognize their contributions to advancing the prepaid industry.”



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