Revolutionary online & mobile SMS remittance service enables rapid money transfers from Canada to Philippine Smart mobile subscribers, for only $6.00 CAD per transfer.
Vancouver BC, January 19, 2010 – hyperREMIT (www.hyperremit.com), a revolutionary low-cost online and mobile SMS Canada-Philippines remittance service from hyperWALLET Systems Inc., today announced the launch of Smart Money transfer services from Canada to the Philippines for only $6.00 CAD per transfer. hyperREMIT supports Smart Money transfers through hyperWALLET’s partnership with Smart Communications, Inc. (SMART), the Philippines’ leading wireless service provider.
With hyperREMIT, Canadian Filipinos can quickly initiate their remittance by phone or through SMS text message. Funds sent via bank deposit, cash pickup and door-to-door delivery are available to Philippine recipients within 1 business day, or within 30 minutes via Smart Money transfers and prepaid airtime loads. Using hyperREMIT’s low-cost $6.00 Smart Money transfer option, senders can quickly remit funds to any Smart subscriber’s mobile phone and accompanying reloadable Smart Money MasterCard cash card in the Philippines, providing recipients quick and convenient access to their funds.
“Our partnership with SMART is another example of our desire to create the most extensive global money transfer network for our customers, and leverage cutting-edge mobile payment services in the process”, states Lisa Shields, President & CEO at hyperWALLET Systems Inc. “Through hyperREMIT’s Smart Money transfer option, we are providing both sender and receiver with a fast, secure and cost-effective way to remit funds from Canada to the Philippines, and enabling new financial services for demographics such as unbanked mobile subscribers.”
Canadian Filipinos can use the hyperREMIT service to make low-cost Smart Money transfers by signing up at www.hyperremit.com. Once funds are sent, the Philippine recipient receives an SMS text message notifying them funds are available in their Smart Money account. They can then use their mobile phone to make bill payments, person-to-person funds transfers and airtime loads, spend funds at merchants, withdraw cash from ATMs via the reloadable Smart Money MasterCard cash card, or pick up money at any SMART Wireless Center in the Philippines.
“This collaboration with hyperREMIT underscores our strategy of engaging the right institutional partners, to offer our mobile commerce services to a wider customer base,” said Napoleon L. Nazareno, SMART President and CEO. “With this expansion of the Smart Money ecosystem, Filipinos in Canada now have an affordable and secure alternative to sending money to their loved ones in the Philippines.
About hyperREMIT
www.hyperremit.com
hyperREMIT is a revolutionary, low-cost Canada-Philippines mobile remittance service from hyperWALLET Systems Inc., a global payments company based in Vancouver B.C., Canada. hyperREMIT enables Canadians to quickly send money to the Philippines via phone or SMS text messaging, from just $6.00 per transfer. Senders can remit funds via bank deposit, cash pickup, door-to-door delivery or through Smart Money transfers and prepaid airtime loads. hyperREMIT is a licensed money services business registered with FINTRAC, the Canadian government's financial services business regulator.
About hyperWALLET
hyperWALLET delivers secure, global-grade payment technologies to organizations who require a simplified way to access or leverage the global financial network. Since 2000, we have become a leading provider of online and mobile payment, international payments, card products and financial technology solutions to world-class customers in Canada, the U.S. and internationally. With hundreds of customers (including more than 200 credit unions) that touch millions of users, our clients span numerous sectors including financial services, business and government.
About SMART
www.smart.com.ph
