"The expansion of our payment services to Israel represents a major milestone for our company, our global financial network and our multi-currency payments platform", states Lisa Shields, President & CEO of hyperWALLET Systems Inc. "Not only are we enabling efficient, web-based payment distribution to the Middle East in local currencies and languages, but we're providing organizations with a faster, more cost-effective way to deliver cross-border payments around the globe."

With the addition of Israel, hyperWALLET's global financial network now reaches 40 countries worldwide and provides in-country clearing and settlement capabilities across North America, South America, Europe, Asia-Pacific, Central America and Africa. With the addition of Israeli shekels, hyperWALLET now supports transaction processing and payment distribution in 20 currencies. And with support for localization of website and application interfaces, hyperWALLET's payment services can be readily launched in any of 7 languages including English, French, Spanish, German, Portuguese, Hebrew and Chinese.

"By leveraging hyperWALLET, organizations can access an extensive global ACH network that supports funding in multiple currencies and deployments in multiple languages", adds Chris Silverson, Vice President of Sales at hyperWALLET Systems Inc. "The global payment switch we have established to the Middle East and beyond is a powerful compliment for any online or mobile operator wanting to extend their payment services to include low-cost domestic or cross-border payment services to their customers. hyperWALLET brings you a payment network with extensive global reach in a flexible, cost-effective and industry compliant manner -- all deliverable under your own brand."