Page 24 - Pay Magazine s2014

paybefore awards
Pay World
The card/program that’s tops at delivering the benefits of prepaid/emerging payments to a non-U.S. audience.
Paylution Prepaid Card
Hyperwallet, The Bancorp
partners: Visa, MasterCard, Transact Payments Limited, FIS
what it is: Paylution is a flexible, brandable, global prepaid program proven to alleviate administrative hassles and increase the delivery speeds of high-volume payment runs.
where you get it: Available for use by cor- porations in 45 countries to make payments to recipients in more than 170 countries.
why it works: The platform provides an instant and cost-effective recurring payment option for employees, agents and payees, while reducing reliance on checks, saving time and lowering administrative costs. Cards can be branded with a custom design and logo, enabling organizations to distribute funds while promot- ing their businesses and building payee loyalty.
why it matters: Hyperwallet’s proprietary
mass payments platform and global payment network is transforming the payments process through real-time funds distribution, afford- able global issuance and the power of choice.
differentiators: The recipient-directed dis- tribution model improves every aspect of the payments process through an easily integrated online and mobile solution. Businesses no longer need to maintain multiple, complex payment services. Instead of burdening their administrative teams with complex codes and bank account details, businesses can quickly, easily and securely shift the responsibility to the recipient, enabling them to select the payment option that best suits their needs.
what the judges said: Payments is a global business, but the Paylution platform shrinks the distance between payers and payees by helping businesses simplify cross-border payments and expand marketing reach.
22
Winners au WALLET
KDDI, MasterCard, WebMoney
MINT
Paymentwall Inc.