Hyperwallet Launches Advanced Global Payout API for the New Economy

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Oct 05, 2015, 08:00 ET

Hyperwallet's new game-changing API unlocks the most comprehensive payout functionality available in the world today

SAN FRANCISCO, Oct. 5, 2015 /PRNewswire/ -- Hyperwallet Systems Inc. ("Hyperwallet"), a leading global payouts provider to millions of independent workers, will announce its new suite of payout APIs this week at FinDEVr 2015, the premier event for financial technology developers. The company will also begin a private beta to coincide with the announcement, wherein select clients and prospects will have an opportunity to work with the Hyperwallet development team and sample the APIs ahead of the public release.

Hyperwallet mass payout API for worker payments, commissions payments, and earner payouts in the new economy, collaborative economy, shared economy, on-demand economy, and digital marketplaces.

"Paying a globally dispersed workforce can be difficult for rapidly growing companies," said Brent Warrington, Hyperwallet CEO. "While inbound payments have ubiquitous acceptance options, up until now, there has been limited options on the other end of the payment chain that easily allow businesses to integrate the capability to distribute earnings to their global earners. With Hyperwallet, that rail exists. What's more, with our APIs, companies will now have the opportunity to easily integrate our payout infrastructure into their applications and web portals."

This announcement marks yet another advancement in Hyperwallet's 15-year history of outbound payment innovation. Through the newly launched REST API offering, clients will be able to integrate Hyperwallet's payout functionality directly into their own application or website, giving them access to the company's full range of payment methods and vast global financial network. Following the private beta, Hyperwallet will give API access to a limited number of developers through the company's new developer portal later this year. Public API availability is scheduled to begin in early 2016, but interested developers can sign up at www.hyperwallet.com/api to be notified when the APIs are available.

Hyperwallet will showcase the API options at FinDEVr on Wednesday, Oct. 7, during its 11:35 a.m. presentation, "Paying the On-Demand Economy: Moving From Payment Methods to a Payment Platform."

About Hyperwallet
At Hyperwallet, our goal is to simplify the payout process to the world's independent workforce and provide workers with freedom, independence, and control of their careers. Hyperwallet's payout platform currently serves more than 5 million payees globally and processes over $5 billion in payouts. Our range of flexible payout options includes local bank deposits, international wire transfers, branded prepaid and virtual cards, custom checks, cash pick-up services, and pay to existing credit and debit card capabilities. With offices in San Francisco and Vancouver, you can learn more about Hyperwallet at http://www.hyperwallet.com.

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SOURCE Hyperwallet