Customers
Realizing new business and revenue opportunities
hyperWALLET has hundreds of customers including more than 200 credit unions, touching millions of users. Our customers rely on us to help them solve business problems, cut payment costs or realize new revenue opportunities using the global financial network.
Spotlight
International, multi-currency commission distribution
This leading global health-oriented direct selling firm required a more efficient and user fee-friendly global payment distribution method compared to other alternatives on the market.
hyperWALLET provided a secure, 100% electronic commission distribution solution -- www.monaviecommissions.com -- that enables MonaVie to send instant commission payments, in any currency they operate in, to distributors worldwide via the Internet. Once received, distributors sweep their payments to their local bank account, in their domestic currency, where they have quick and convenient access to their funds.
The result: MonaVie expand their payments reach internationally, have lower global payment distribution costs, simplify their payment operations, and can offer distributors a faster, more convenient way of receiving their commission payments -- on-time, every time, no matter where they're located.
International, multi-currency, direct deposit commissions
This leading global health & wellness organization required an international, multi-currency direct deposit solution that would enable them to pay commissions to their distributors quickly, cost-effectively and securely -- no matter where they might be.
With hyperWALLET, 4Life now makes electronic commission payments to a distributor's secure, online e-wallet account. From there, the funds are automatically transferred to the distributor's local bank account, in their native currency, providing them with fast and convenient access to their payment.
The result: 4Life's distributors get immediate access to their funds in their domestic currency, while 4Life realizes significant global payment distribution cost and time savings, enhanced payment security, and expanded international payments coverage.
International, multi-currency commission distribution
Since its inception in March 2002, this health-oriented network marketing organization is now one of the fastest-growing companies in North America, with combined sales approaching $300 million.
Looking for a cost-effective, efficient and secure way to pay associaties worldwide without using checks or debit cards, Isagenix turned to hyperWALLET to deliver an international, multi-currency electronic commissions solution.
The result: Isawallet - a branded, global e-wallet solution that enables Isagenix associates to receive instant, electronic commission payments worldwide via the Internet. Once their commission is received, associates can sweep their payments to a local bank account in their native currency, providing quick and convenient access to their funds.
By eliminating the costs of check production and debit card distribution, as well as removing ATM & POS surcharges and slow check clearing for associates, hyperWALLET's multi-currency e-wallet solution is enabling Isagenix to realize significant cost savings, enhance associate loyalty, and grow their business in additional international markets.
Secure online payroll accounting & mortgage industry commission payments
VERICO Financial Group Inc., a leading Canadian national assembly of over 100 independently owned and operated mortgage brokers, required a more efficient way to calculate and facilitate commission payments across their entire broker network in Canada.
In order to realize this objective, VERICO chose MORACC -- hyperWALLET's online payroll accounting and payment system for the mortgage industry. MORACC has been specifically designed to serve the challenging payment needs of Super Brokers, Independent Brokers and Franchise Networks in the Canadian mortgage market.
By utilizing MORACC, VERICO now has a flexible and easy-to-use payment solution that streamlines their internal royalty processes, while providing broker members with sophisticated business information tools to help grow revenue and manage success.
International, multi-currency commission distribution
This mid-sized network marketing company required a check replacement solution for commissions payments to associates in the US and Canada, with an additional payment need to reach Asian markets.
hyperWALLET provided Trading Post Financial Services with an international e-wallet solution that allows for instant electronic payments to their global network of associates, enabling a lower cost payment alternative to checks and wire transfers.
Trading Post Financial Services chose hyperWALLET because of our multi-currency and international payment capabilities, speed and efficiency of associate payouts, and integration with global payment networks -- all driven by an easy to use software application.
Debit card alternative to traveler's checks
Custom House, a leading global foreign exchange company, turned to hyperWALLET when they needed to deliver the next generation alternative to traveler’s checks: the Custom House Cash Card.
Through the hyperWALLET platform, Custom House can now offer secure, PIN-protected and reloadable debit cards that give customers an easy, convenient, and safe alternative to carrying cash and/or travelers cheques.
The result: A new value-added product for consumers that provides an additional revenue stream for Custom House.
Secure & efficient online transaction processing services
Credit Union Central Of British Columbia is the trade association and central banker for BC's 70 independent credit unions, and over 130 additional credit unions across Canada.
Through CUCBC's integration of the hyperWALLET platform, we enable private and secure online transaction services to over 200 credit unions across Canada, touching millions of users.
Some of our valued credit union clients include:
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Cost-effective, electronic check replacement
When Simon Fraser University needed a way to cut costs associated with check-based tuition refunds, they turned to hyperWALLET.
Through hyperWALLET, SFU was able to eliminate the cost, time and overhead associated with physically mailing 5,000 checks to students each semester. Refunds can be offered instantly and electronically, allowing students to cash out directly to their bank accounts.
The result: Significant payroll efficiency improvements, and a happier student body.
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