hyperWALLET Systems, a Canada-based payment solutions provider, has extended its direct-to-bank payment and Western Union cash pickup services to both Colombia and Croatia.

The e-wallet technology and extended payment services of hyperWALLET will enable corporations to pay people in local currency across both countries.

Through their online e-wallet, payees can choose to receive their funds direct-to-bank, or pick up their money as cash at any Western Union agent location in Colombia or Croatia.

Mike Monty, vice president of financial networks at hyperWALLET Systems, said: "By expanding our payment services to Colombia and Croatia, we are pleased to now offer local, cost-effective payment options in these two rapidly growing markets."