Jayride integrates with Hyperwallet to drive streamlined payouts and global growth vision

Jayride integrates with Hyperwallet to drive streamlined payouts and global growth vision

Hyperwallet, a PayPal service and leading global payouts provider to millions of independent workers, has announced the successful integration of mass payment distribution for Jayride (ASX:JAY), the world’s leading online airport transfer marketplace.

Harnessing Hyperwallet’s development tools and widget integration, Jayride has embedded payout functionality directly onto its platform, delivering a streamlined and seamless experience for its global community of 3000+ transfer companies.

Jayride Managing Director Rod Bishop said one of the company’s top priorities is to pay its transport partners quickly, efficiently and in their own currency.

“Hyperwallet’s global network and its easy-to-integrate platform have proved to be the right choice to support our hyper-local approach as we continue to expand into new destinations around the world.”

Since integrating, Jayride has leveraged Hyperwallet’s financial network to rapidly scale its operations from five markets to more than 69 countries and 1500+ airports in just 10 months. The partnership enables flexibility to build a fast and efficient payment process directly within Jayride’s platform via Hyperwallet’s various API calls to pay the transport aggregator’s global partners in their respective local currencies.

Jayride, which launched in 2012 and successfully debuted on the Australian Securities Exchange (ASX) in 2018, has become the world’s leading airport transfer platform, connecting airport travellers to private transfer and shared shuttle companies, a potential $100 billion market.

The Sydney-based business is growing quickly, currently processing more than 1,000 passenger trips a day either directly or through partnerships with industry leaders such as Rome2Rio, Flight Centre, Expedia, Skyscanner and Amadeus.

“We’re thrilled to be helping Jayride expand its worldwide operations to bring transparent and reliable airport transportation services to more people,” said Simon Banks, Director of Asia-Pacific at Hyperwallet. “Platforms like Jayride are harnessing the revolutionary power of the digital age to pioneer innovative and disruptive solutions, and we are looking forward to helping support that mission through a painless payments service.”