hyperWALLET, a provider of payment solutions
globally have expanded its portfolio to include a new provisional
patent.
The software behind the patent permits a
person to receive funds electronically without having a member of
the system responsible for transferring the funds or being a member
of the same system as the person sending the funds.
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“Competition is fierce in the e-wallet and
m-wallet industry”, said Lisa Shields, CEO of hyperWALLET Systems
Inc. “This product enhancement further distinguishes hyperWALLET
from the pack of companies seeking to provide next-generation
payments services today.”
The Vancouver-based company said this latest
product can help financial services companies and multi-nationals
send money globally in a low-cost, easy, and in accordance with
anti-money laundering and anti-terrorist financing best
practices.
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By GlobalData
