Corporations can now pay individuals quickly in India using low-cost
bank transfers, in local INR currency.
VANCOUVER, May 14, 2014 /CNW/ - hyperWALLET Systems Inc., a global payments provider, offers advanced payment solutions for
corporations with global payment needs. hyperWALLET has recently
launched payment services to India, providing corporations with a fast,
low-cost method of making payments via direct-to-bank money transfers in local currency.
Traditionally, making payments to India can be a challenging process for
many companies due to the country's strict regulatory environment.
hyperWALLET has solved this problem by enabling corporates to make
fully-compliant, low-cost electronic payments to Indian bank accounts
in INR currency, typically within 1-2 business days.
With the addition of payments to India, hyperWALLET continues to enhance
their global payment platform and expand their global payments
footprint. hyperWALLET's payment platform enables companies and
individuals to receive and manage their funds using a variety of
options including online e-wallets, bank deposit, prepaid cards, cash pickup, via mobile phone and more.
"India, with its diverse population of over 1 billion people and highly
regulated banking environment, has historically been a difficult
payment destination for many global corporations that need to pay
individuals in-country", states Mike Monty, VP of Financial Networks at
"We continue to expand our payments network and develop new payment
solutions to meet the global needs of our clients and their payees. By
offering direct-to-bank payment services to India, making low-cost and
efficient payments into the Indian subcontinent is now a reality for
corporations and their payees worldwide."
Companies interested in making payments to India can contact hyperWALLET
at +1 (604) 482-0090, email firstname.lastname@example.org or request a demo to learn more.
hyperWALLET delivers secure, global-grade payment technologies to
organizations who require a simplified way to access or leverage the
global financial network. Since 2000, we have become a leading provider
of online and mobile payment, international payments, card products and
financial technology solutions to world-class customers in Canada, the
U.S. and internationally. With hundreds of customers (including more
than 200 credit unions) that touch millions of users, our clients span
numerous sectors including financial services, business and government.
SOURCE: hyperWALLET Systems Inc.
For further information:
Manager, Global Payment Solutions
+1 (604) 482-0090