HyperWallet launches direct-to-bank payments to Malaysia and Chile

HyperWallet, an international payment provider, has made available its direct-to-bank services in Malaysia and Chile.

HyperWallet, an international payment provider, has made available its direct-to-bank services in Malaysia and Chile.

The system will use local currencies and complete payments within two to three working days.

Businesses using the service can make mass payouts and tailor individual payees with certain options.

Mike Monty, VP of Financial Networks at HyperWallet, said: "We continue to extend our global payment network to support the international payment needs of our corporate customers and their payees worldwide."

According to HyperWallet, the complex financial regulatory environments in both countries were making it difficult for many businesses to pay individuals quickly and cost-effectively.

Monty added: "Both Malaysia and Chile represent a significant market for many businesses, and we are pleased to offer low-cost direct-to-bank transfers in these countries in addition to our existing prepaid card and cash pickup services."

The company enables payees to receive payments on brandable prepaid debit cards or as cash at any Western Union across Malaysia and Chile.

HyperWallet direct-to-bank payment services are now available in 60 countries worldwide.

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