New integration allows users to automatically track and record business expense transactions

Vancouver, B.C. – Deductr™, a developer of a business expense tracking and reporting system for small business owners and Hyperwallet Systems Inc. (“Hyperwallet”), a trusted payments technology and service provider to top-tier organizations that make payments to employees and other beneficiaries, will integrate their respective services to provide customers with an innovative and unique way to pay for, track and record business expenses at the point of sale.

Users of Hyperwallet’s prepaid cards can now simply swipe their cards at a merchant’s point of sale, enabling their purchase information to automatically be imported into Deductr’s online software for automated expense tracking. This one-step process eliminates the tedious and time-consuming manual receipt tracking efforts that typically hinder business owners from claiming all their tax deduction entitlements.

Hyperwallet’s integration with Deductr further enhances a cardholder’s experience as they can now effectively manage their business expenses in a simple, hands-off manner and realize the full potential of their tax deductions and entitlements.

“We are particularly excited about how this integration will help service our Direct Selling clients and their distributors,” states Peter Burridge, Chief Commercial Officer at Hyperwallet. “For example, when launching a new direct selling business, some distributors may incur upfront costs which they may find challenging. With the Deductr-Hyperwallet solution, distributors can have their tax savings automatically calculated, helping to reinforce the long-term value of their initial investment.”

Organizations interested to learn more about Hyperwallet’s global payment services or integration with Deductr can contact Hyperwallet at +1 (604) 482-0090 or e-mail solutions@hyperwallet.com for more details.

About Deductr

www.deductr.com

Deductr is developed by Business Owners Advantage and is the leading expense tracking software for independent business owners. Through its patent pending technology, Deductr automates and simplifies much of the process to track business related expenses, mileage, and time, helping every business owner realize all tax advantages his or her business provides.