PM-International leverages Hyperwallet for global commission distribution and branded payment solutions in 35 countries
San Francisco, California – Hyperwallet Systems Inc (“Hyperwallet”), a global leader in the payments industry, today announced that PM-International AG (“PM-International”) has selected Hyperwallet’s branded payments solutions to provide unified, multi-currency commission payments for their Team Partners in 35 countries across North America, Europe, and Asia.
Founded in 1993, PM-International sells health, beauty, and wellness products through its global network of Team Partners. PM-International will commence its deployment of Hyperwallet’s payments services with direct-to-bank local bank deposits in June, with branded prepaid cards to follow soon thereafter. Once fully deployed, the solution will give Team Partners the choice and flexibility to receive their earnings in the manner most convenient to them – either directly to a local bank account or onto their PM-International-branded prepaid card.
“Our Team Partners are our most valuable asset,” said Rolf Sorg, Founder and Chief Executive Officer of PM-International. “Paying them in a convenient and speedy manner is a high priority for us. Hyperwallet’s solutions deliver on both of these important criteria, and provide a great branding opportunity with the 100,000+ branded prepaid cards we will be distributing soon.”
“We are delighted to be PM-International’s global payments partner as they continue to grow and modernize their business,” said Peter Burridge, President and Chief Commercial Officer of Hyperwallet. “We believe our flexible payment solutions will encourage greater Team Partner loyalty and retention, while simultaneously providing the infrastructure to support PM-International’s continued business growth.”
About PM-International AG
Through direct sales, PM sells its now largely patented and premium self-developed dietary supplement and cosmetic products in 35 countries worldwide. PM-International, the European family company, is committed to becoming the leader in premium products for fitness, wellness and beauty. “Through our 30 subsidiaries and our targeted expansion, we are now opening up new attractive markets and thereby remain not only competitive but also reinforce our position as one of the leading companies in direct sales constantly,” stated Rolf Sorg. Mr. Sorg further commented, “Since the beginning of this year, PM-International is now the market leader in Germany.”
The PM-International group is well positioned worldwide over four continents: Now with a new international headquarters opened on May 10, 2015, in Schengen, Luxembourg; a European headquarters in Speyer, Germany; a North American headquarters in the USA; and an Asia Pacific headquarters in Singapore that was ceremoniously opened on April 18, 2015.
This family-run company, amongst other accolades, was elected as one of the Top 100 most innovative medium-sized German companies for 11 consecutive years.