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Software Status:Active

About Hyperwallet

Hyperwallet is a payout platform from PayPal that enables organizations to fund, send, and disburse payments to sellers, workers, and claimants globally. It provides features such as Make Payments, Payout use, Developers, Our FX Rates, and Accessibility so that businesses can manage their payout processes efficiently. Hyperwallet supports a variety of payment methods and currencies, allowing for flexibility in transactions. The platform also offers tools for developers to integrate with existing systems, ensuring a tailored approach to payouts. Key capabilities: Make Payments Payout use Developers Our FX Rates Accessibility Best for: organizations of all sizes that need to disburse funds effectively and manage payouts on a global scale.

Hyperwallet Details

Vendor
PayPal
Year Launched
1998
Location
2985 Virtual Way, Suite 180, Vancouver, BC V5M 4X7, CA
Deployment
cloud
Training Options
videos
Countries Served
All Countries
Languages
English
Users
Administrators, Finance Managers, Payroll Managers, Customer Service Representatives, Accountants
Industries Served
Financial Services, E-commerce, Gig Economy, Marketplaces, Online Gaming, Travel
Tags
Claims Processing, Payment Processing, Hyperwallet, PayPal

Hyperwallet's In-App Market Place

Does Hyperwallet have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

Usd ($), Eur (€), Gbp (£), Aud (A$), Cad (C$), Jpy (¥), Chf (Fr.), Sek (kr), Dkk (kr), Nok (kr), Hkd (Hk$), Sgd (S$), Nzd (Nz$), Ils (₪), Rub (₽)

Pros & Cons

  • • Global Reach: Enables businesses to send payments to recipients worldwide.
  • • Scalability: Supports both small and large businesses, from a few payees to thousands.
  • • Flexible Integration: Offers self-serve options for SMBs and custom integrations for larger enterprises and marketplaces.
  • • Streamlined Payout Process: Simplifies and manages the entire payout process, not just the transaction.
  • • Enhanced Payee Experience: Allows businesses to customize the payout experience with branding and localization, improving recipient satisfaction.
  • • Developer-Friendly: Provides developer tools and documentation for easy integration.
  • • Secure and Compliant: Emphasizes secure and compliant global payouts, adhering to regulations.
  • • Multiple Payment Options: Likely offers various payout methods (although not explicitly stated).
  • • Pricing not mentioned: The document lacks information on pricing structures, which is a crucial factor for businesses.
  • • Specific payment methods not listed: While likely offering multiple methods, the document doesn't detail the specific payment options available to payees.
  • • Limited detail on customization: While it mentions customizing the payee experience, it doesn't go into detail about the extent of customization possible.
  • • No mention of customer support for businesses: While there's a support center, the document doesn't explicitly outline the level of dedicated support available for businesses using Hyperwallet.
  • • Potential complexity for deep integrations: Custom integrations for large enterprises could potentially be complex and require significant development effort. This isn't necessarily a con against Hyperwallet, but a reality of any large-scale integration.

Hyperwallet's Support Options

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