Lime Looks to Hyperwallet to Facilitate Payments to Growing Scooter “Juicer” Force
10 July 2019 - 9:00PM
Business Wire
Hyperwallet’s broad payout capabilities will help support the
mobility platform’s global expansion efforts
Hyperwallet, a PayPal service, announced today that it is
handling outbound payments on behalf of Lime, a global scooter
rental platform that brings easy and affordable urban mobility to
people in over 100 cities around the world. Through a partnership
with Hyperwallet, a leading global payouts provider to millions of
independent workers, Lime will now be able to quickly and easily
send payments to its growing global community of “Juicers,” a
network of freelancers who charge the company’s fleet of
scooters.
"In less than three years, Lime has reimagined urban mobility,"
said Brent Warrington, Hyperwallet's General Manager. "As people in
cities all over the globe look for affordable ways to reduce their
dependence on cars, Lime has emerged as a global leader in
alternative, affordable, and environmentally-friendly presentation.
What’s more, their creative business model provides a new, flexible
earning opportunity for individuals."
"Hyperwallet’s platform gave us the functionality we needed to
scale quickly and offer our Juicer community fast and convenient
payouts,” explained Ryan Foutty, Global Head of Business
Development at Lime. “This partnership has allowed us to launch our
business in new markets and deliver a great localized experience
for Juicers all over the world. We are excited about expanding our
collaboration with Hyperwallet in the coming months."
Lime had a number of specific requirements in mind when it came
to selecting a payout provider. First, the company wanted to ensure
that Juicers could be paid quickly and conveniently. This meant
finding a provider that could offer multiple payout methods.
Additionally, Lime needed a payout provider capable of facilitating
local funds disbursements to multiple geographies, like in Latin
America, where the company is growing rapidly in populous cities
like Bogota and Montevideo. With Hyperwallet, Lime was able to
satisfy both of these requirements: not only can the company
provide payout options that suit the preferences of Juicers both in
the US and abroad, Hyperwallet’s payout method optionality ensures
that Juicers can collect their funds using the method they
prefer.
“Hyperwallet’s platform has helped add value to our Juicer
program by giving us the ability to offer fast, efficient,
self-service payment disbursements,” said Foutty. Lime uses
Hyperwallet's payout platform to pay their global Juicer community
on a daily basis.
About Hyperwallet, a PayPal service
Hyperwallet’s global payout platform provides growing
organizations with a fast, efficient, and transparent way to
distribute funds to payees almost anywhere in the world. Trusted by
enterprise, ecommerce, and on-demand platforms, Hyperwallet makes
it easy to deliver a superior payment experience through a single
integration. Put your payees in control with a range of convenient
payment methods, enhanced financial management tools, integrated
payment tracking, and user-friendly compliance and identity
verification. Hyperwallet has offices in San Francisco, Austin,
London, Sydney, and Vancouver. You can learn more at
www.hyperwallet.com.
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PayPal Media Relations Aaron Gould, +1 207-212-3587
akgould@paypal.com
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