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 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."