Companies can now pay payees in both countries using bank deposit, prepaid cards, and cash pick-up options
Vancouver, B.C. – Hyperwallet Systems Inc. (“Hyperwallet”), a global payments solution provider, has launched low-cost payment services to Brazil and Thailand. The newly supported countries enable companies to pay payees locally using bank deposit and prepaid debit cards, as well as via cash pick-up services (Thailand only).
Disbursing payments to Brazil and Thailand can be an expensive and challenging process for businesses due to various cross-border currency restrictions. Now, by leveraging Hyperwallet, companies can make electronic payments to Brazilian bank accounts and Thai bank accounts in BRL and THB currency, respectively.
Additionally, companies can pay payees in both countries using prepaid debit cards in USD, EUR or GBP currencies, or make fast payments in Thailand within 1 business day using cash pick-up services at agent locations throughout the country.
“Both Brazil and Thailand are fast growing emerging economies which Hyperwallet customers see as key new markets in their global business strategies. We have listened to their priorities and are happy to deliver payments now to these two key destinations,” states Mike Monty, Senior Vice President of Sales & Financial Networks at Hyperwallet.
With the addition of payments to Brazil and Thailand, Hyperwallet continues to expand its global financial network and support the diverse payment needs of companies and their payees in 170+ countries worldwide.
Businesses interested in making payments to either country can contact Hyperwallet at +1 (855) 449-3737 or e-mail firstname.lastname@example.org to learn more.