Welcome to the first hyperWALLET Newsletter!
We have put this newsletter together in order to keep you informed of exciting new product developments and payment functionality enhancements that will be introduced in our next software release.
Your organization and your payees can enjoy and leverage the benefits of these new features as they become available.
If you have any questions, please contact us at products@hyperwallet.com.
Payment Network Growth
SEPA Credit Transfers
hyperWALLET recently announced our support for SEPA Credit Transfers across 32 countries in Europe. Our next softrware release will enable the platform with the SEPA network, bringing:
- Faster settling time for Euro bank transfers: 1 business day or less, with no increase in cost!
- 11 NEW Euro cashout locations: Bulgaria, Czech Republic, Iceland, Liechtenstein, Lithuania, Malta, Monaco, Romania, Slovakia, Switzerland and the UK.
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Network Expansions
The recent additions of Russia and Thailand* to our cashout network brings our list of direct deposit locations up to a total of 52 countries worldwide.
* Note: By law, bank transfers in Thailand must be processed through customer’s bank accounts. |
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Western Union - Quick Cash
Western Union has increased Quick Cash cashout limits to as much as $1,000 per transfer.
If your program would like to integrate Western Union as an additional cashout option - let us know! |
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Android Mobile App & New Mobile Dashboard
"Go Mobile" Dashboard
Inside the secure Pay Portal we will have a new area where your payees can learn more about their mobile options and configure their mobile phone settings, including:
- Setup mobile number, mobile PIN and SMS notifications
- Download Apps for iPhone, iPad and Android
- Android App soon to be available on Android Marketplace
- Faster login with mobile number and mobile PIN
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Simplified Activation Process
Pay Portal / Prepaid Card Activation
We have made it easier for your payees to activate their pay portal and prepaid card so they can quickly get access to their funds:
- Fast online activation or IVR activation via telephone
- Card activation reminders when payees login to account
- One click auto-transfer to payee's card at time of activation
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Have questions? Need more information?
Contact Us
If you have questions or would like additional information on any of the above enhancements, you can reach us via email at products@hyperwallet.com.
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Coming soon: Inbound Payments
Direct Pay
hyperWALLET is adding a new service called Direct Pay that will allow your payees to purchase your products or services using:
- Funds from their Pay Portal account
- Funds from their bank account
- A combination of both!
These new inbound payment methods will provide valuable alternatives to expensive credit card processing, since hyperWALLET only charges a small amount vs. 3% associated with a typical credit card processor.
Did you know?
Your payees can specify a minimum account balance that must be reached before an Auto Cashout is performed?
This functionality can be found on the "Auto Cashout" page by clicking on >> Advanced Options
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Suggestions? Ideas?
Our technology and network development is influenced by the growth of our valued clients.
If you have something on your wish-list with respect to payments, we want to hear about it!
We’d love to hear from you, whatever the situation may be in order to build a roadmap for where we should focus our attention with respect to new payments platform enhancements, payment applications functionality and payment network growth. |
