If you are using Fuse ESB then you should read the Fuse documentation. See the wrap url handler documented here
Notice how the example uses $ sign.
Also there is an osgi bundle for jasypt 1.9 at:
Thanks. This is helpful. I had actually tried the $ version as well but it was from the command line and produced similar results. The docs say to add a slash before the dollar sign so I'll give that a try.