Todd Herman's Internet Business Info & Tips Blog

hyperWALLET Announces International Prepaid Card Services

Industry-first approach to cross-border card issuing offers improved compliance for global organizations, and lower service fees for cardholders.

Vancouver BC, August 24, 2010 – hyperWALLET, a leading provider of global payment solutions, today announced the expansion of its integrated global prepaid card products. hyperWALLET’s payment services have proven their ability to deliver disruptive cost savings to banked beneficiaries in over 40 countries. The expanded prepaid card service is designed for businesses, governments and NGOs who need to provide unbanked or temporary beneficiaries with additional value redemption options. hyperWALLET’s platform allows flexible program management and customer self-service in 14 currencies and languages via online, mobile and voice response channels.

hyperWALLET’s domestic prepaid card service is underpinned by multiple integrated bank partnerships, in which all cards are issued in local currency through local regulated financial institutions. This approach greatly reduces beneficiary and program costs when compared to dollar-denominated prepaid cards that are issued by a U.S. bank and utilized by a foreign beneficiary. Locally-issued card products are not subject to foreign exchange levies (often in excess of 5%), nor do they attract high “foreign” ATM withdrawal fees. In addition to program cost savings, hyperWALLET’s service ensures that sponsoring organizations remain in compliance with local financial and “Know-Your-Customer” (KYC) regulations, as well as card network issuing policies.
 
“hyperWALLET has a long history of prepaid card innovation – we were the first independent provider in canada »”>Canada to launch a compliant instant-issue debit card for government welfare. However, we have always viewed prepaid cards as a component of an integrated global payment distribution service, not as the only service”, states Lisa Shields, CEO of hyperWALLET. “hyperWALLET’s global bank deposit services and regional cash agent partnerships have already made our B2P value proposition unmatched in the world of low value payments. Our new prepaid card service compliments these existing options by providing a point of sale and ATM access card which can be compliantly provided to individuals around the world.”

The company is accepting immediate orders for programs requiring USA, Canadian, and Mexican card services, with availability for Asian jurisdictions slated for Q1, 2011.

About hyperWALLET
www.hyperwallet.com

hyperWALLET delivers secure, global-grade payment technologies to organizations who require a simplified way to access or leverage the global financial network. Since 2000, we have become a leading provider of online and mobile payment, international payments, card products and financial technology solutions to world-class customers in Canada, the U.S. and internationally. With hundreds of customers (including more than 200 credit unions) that touch millions of users, our clients span numerous sectors including financial services, business and government.

Good day, I have been a senior website consultant for over 14 years now. In my travels I’ve worked with some of the most talented web developers in the industry also with some of the most Mickey Mouse website developers known to man. Now… knowing a few tricks, learned over the years has helped me to decipher between the junk developers and the top notch developers. Here they are:

1. Never ever go on a developers word alone, get the facts, who they have worked for and any ask for any contactable references. Also make sure you can personally contact some of the other businesses/companies or client’s they/he/she has worked for.

2. Never ever tell developers your website budget, if it is over the amount they are estimating then they will tell you that’s what their estimate was, but in reality they were thinking way. So always let them give you their quote and never tell them your budget ever. With the correct website developer, this will possibly drop the cost of your website considerably.

3. Never let a website developer tell what you need for your company, your website yes but not your company. They may suggest some unnecessary features that are not needed as a productive web usability factor. The goal for this is to get the cost of your website up as much as they can. Do you blame them? A safe bet is to get as many estimates as you can, usually around 4 or 5 will do. Then you can bard er each developer with the others ones lower price, thus lowering your web development cost.

4. If a web developer says he’s the best in his field, he very well might be in his world, but he’s not. There is always some one better. They are out there they are just really busy and hard to find. Try doing a Google search with the word “company” in the developer you search for. Chances are that if they are a reputable company, then they will have everything you need for references, past customer testimonials and active website developments.

5. If you check a web developers web profile and it has not been active (nothing new) for my months then chanced are that there is a reason for this. Stay away.

6. Working with a part time developer, being they work full time or they are still in school will drastically increase your website production time as they are not able to finish at a full time production rate? Thus them asking for more money and more time to complete. Unacceptable, there is no reason for a 7-10 page website development to take more than two weeks time to 100% completion including small scale content management systems.

How to choose the right website designer?

7. A website development estimate is just that, an estimate, not a firm price. A lot of website developers will give you a estimated price then jacking up the final cost, telling you it took longer or that they needed to use some special form material. Unacceptable! There is no reason got a professional website company not to give an accurate solid bid (not estimate) and make them hold up to their part of the agreement.

8. Make sure you have a solid, tight contract with any website company. Signed by both parties. read the web developers small print it usually indicates extra fees or added fees due to timeline.

9. Make sure you get a solid timeline (time it takes to develop your website, from start to finish) for your website development and make them stick to it. Valuable company dollars can be lost with out an active, productive website.

10. If you must sign a contract why can we as website developers? I suggest with any website company making up your own contract stating your time-line and the functionality features that you want for your website in specific detail. Any professional website developer will gladly sign your contract if they have nothing to hide. If they deny your contract, this is sign of an in-experienced website developer or a plan to get more funds for your website. stay away!

11. Allot of website developers no matter how cost effective their price is and how experienced they say they are, UNLESS they have their company website link at the bottom of most websites they have developed in their web portfolio then stay away. In other words if they can not verify the websites they have created by a footer link on most of the websites they have built then chanced are its not their web portfolio and its a scam of some kind. Stay away!

12. Low costing websites (usually website templates) are just what you get for your money, a low effective website that sits there and does not effectively have any website usability features or search engine presents.

13. Use your common sense, if your website development terms do not feel right, chances are it probably isn’t. Get someone to look it over and always read the fine details. This is where most web developers add their extra fees and material cost that they hit you with on the end invoice. make sure that the website developer sticks to the terms set in your contract, its not only their contract its yours to protect you to. I hope this helps potential website clients to get more out of their website developments.

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