Founded in February 2000, Hyperwallet is an international payment platform that specializes in helping businesses issue payouts to suppliers, contractors, and employees across the globe. Hyperwallet is not a merchant account provider, as it does not facilitate the acceptance of credit cards at the point of sale. However, it is not merely a payroll service, either. Like PayPal, WePay, or Stripe Connect, Hyperwallet provides a way for marketplaces to issue a large number of payments to many sub-merchants (also known as “payouts”) without having to establish multiple banking relationships across the globe. Hyperwallet handles all of the local banking relationships and currency exchange for merchants. Brent Warrington (the former CEO of SecureNet) is the chief executive officer of Hyperwallet, which is headquartered at 575 Market St., Suite 3650, San Francisco California, 94105.