hyperWALLET Launches Global Money Transfer Service for Canadian Consumers and Credit Unions

Enables cost-effective online money transfers to bank accounts in over 30
countries worldwide
VANCOUVER--(Business Wire)--
hyperWALLET Systems Inc., a leading provider of global payment solutions, today
announced the launch of a new online global money transfer service, targeted at
Canadian consumers and credit union members. The new service enables individuals
to quickly, easily and cost-effectively transfer funds electronically to
international bank accounts in over thirty countries worldwide.

"When it comes to sending money internationally, we`re providing consumers with
a convenient, secure and fee-friendly alternative compared to traditional wire
transfers, checks and remittance services", states Lisa Shields, CEO of
hyperWALLET Systems Inc. "We`re also opening up a new revenue stream for our
financial institution partners without requiring additional capital investment,
thanks to our platform's existing integration with leading credit union online
banking services."

To access hyperWALLET`s global money transfer service, Canadians can signup and
get verified at www.hyperwallet.com, or use the hyperWALLET link within their
credit union's online banking website. Once verified, individuals can fund their
hyperWALLET account and transfer money to destination bank accounts in over 30
countries worldwide, with many more countries slated for availability in the
coming months. The average cost of each funds transfer is only $7.00 CAD, well
below the price of competing international remittance services.

"Launching electronic global bank remittances in the Canadian market is only the
first step, as we continue to expand our global financial partner networks and
implement innovative payment delivery options, such as via the mobile handset",
states Bill Crowley, VP of Product Development. "There is immense opportunity
for innovation and service improvement in the international remittance market,
and hyperWALLET can cost-effectively solve global payment challenges which are
of critical value to both businesses and consumers. Financial institutions and
mobile operators anywhere in the world can leverage our brandable technology and
turnkey compliance, settlement, and customer care services, to enable global
money transfers for their customers."

About hyperWALLET

hyperWALLET delivers secure payment services 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 payments, 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.

hyperWALLET Systems Inc.
Chris Silverson, 1-604-482-0090
Vice President, Sales
Email: solutions@hyperwallet.com
Web: http://www.hyperwallet.com
Blog: http://www.paymentstalk.com
Twitter: http://www.twitter.com/hyperwallet

Copyright Business Wire 2009