Earthport Regulatory News (EPO)

Earthport goes live with hyperWALLET for its Cross-Border Payments Service

London, UK, March 5, 2013 - Earthport, a leading provider of cross-border payment services, today announced an agreement with hyperWALLET Systems Inc., a global payment provider and processor for corporate entities that make payments to employees and other beneficiaries. Integration with the Earthport service has been completed, and the corporate payments service is now live, enabling the efficient processing of high volumes of low value payments, via a transparent service.

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About hyperWALLET

hyperWALLET is a privately held, financial services technology company based in Vancouver, Canada. The company was founded 12 years ago with a mission to develop intuitive, accessible and low-cost payment solutions for the online and wireless markets. It has since become a leading provider of online and mobile payments, international payments, and financial technology solutions to world-class customers in the United States and most parts of the globe.

hyperWALLET's proprietary and patented Java and XML multi-currency banking platform is scalable, auditable, efficient and integrated with many settlement networks and enterprise applications. Further expansion to new regional services can be readily performed based on our modular platform adapters. Turn-key solutions available for the hyperWALLET platform are electronic wallets, prepaid card management systems, merchant payment and reconciliation systems, mobile bank accounts, and cash transfers to retail locations worldwide.

 hyperWALLET has two significant business lines: direct selling commission processing, and the financial services business line where a consumer to consumer, account-based money transfer service is offered.

About Earthport

Earthport plc, a regulated global financial services organisation, specialises in the provision of a white label cross-border payments service.

Through its innovative payments framework, specifically designed for high volumes of low value cross-border payments, Earthport provides a cost-effective and transparent service for secure international payments. Earthport's customers include banks, foreign exchange businesses, money transfer organisations, payment aggregators and e-commerce businesses. Through Earthport's well established payments infrastructure, customers can clear and settle payments directly to banked beneficiaries in over 50 countries.

The company is headquartered in London and is listed on the Alternative Investment Market (AIM) on the London Stock Exchange. It operates globally with additional regional offices in Dubai and New York. Earthport plc is authorised and regulated by the Financial Services Authority under the Payment Service Regulations 2009 for the provision of payment services. To learn more, please visit www.earthport.com and follow us on Twitter @Earthport