Hyperwallet

Hyperwallet is a global payout platform, now part of PayPal, that enables businesses to send mass payments to contractors, sellers, freelancers, and employees across borders. It supports marketplaces, gig economy platforms, and online sellers on platforms such as Amazon and Airbnb by handling payouts to a global workforce. The platform offers payees multiple withdrawal options, including bank transfer, prepaid card, and digital wallet, allowing them to choose how they receive funds in their local currency. Businesses use its APIs and dashboard to automate payout scheduling, manage tax documentation, and maintain compliance with regional financial regulations. Its infrastructure is built to handle high-volume, cross-border disbursements for companies operating in the on-demand economy, freelance markets, and social media/influencer payment sectors.