International payment issuing services partnership signed between Valitor and hyperWALLET Systems

It has been announced that a new International payment issuing services partnership has been signed between Valitor, the Iceland-based acquiring services provider, and hyperWALLET Systems.

This new partnership with hyperWALLET Systems Inc. will allow Valitor to issue cards to independent sales representatives of the direct selling sector in Europe.

Vidar Thorkelsson, CEO of Valitor mentioned, “With the successful export of our processing platform it was obvious to continue our efforts in Europe. The European market is very interesting for Valitor and we see this agreement with hyperWALLET Systems Inc . as a significant step in expanding our issuing services across Europe”.

Due to the recent developments within Valitor’s UK efforts, the company’s processing platform, which it developed for the Icelandic market, has also been gaining a lot of attention from within Europe. Valitor promoted the software in the UK last year, in partnership with British organisations and Visa Europe, where it earned positive feedback.

“hyperWALLET initially selected Valitor because of its history of excellence in European cross-border payments.  However, we are finding Valitor’s willingness to localise solutions for each country within its licensed region is what really sets the company apart in the market today,” commented Lisa Shields, CEO of hyperWALLET.

To learn more regarding Valitor’s payment issuing services in Europe, visit