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1/16/25, 4:34 PM HyperPay obtains license from the Saudi Central Bank to expand digital payment services in the Kingdom
HyperPay reaffirms its commitment to working with the Saudi Central Bank to enhance the infrastructure of modern financial services
FINANCIAL SERVICES
HyperPay obtains license from the Saudi Central
Bank to expand digital payment services in the
Kingdom
To operate digital payment services via an electronic wallet in the Kingdom
Press Release
January 9, 2025
In a move that strengthens the diversification and development of the financial sector in the Kingdom of
Saudi Arabia, the Saudi Central Bank (SAMA) has announced the granting of a license to HyperPay Inc.
Saudi Arabia for Information Systems Technology to operate digital payment services via an electronic
wallet in the Kingdom. This license marks an important step in enhancing the company’s position in the
growing digital payments market in Saudi Arabia.
HyperPay is a leading company in the financial technology sector, aiming to support the transition to a
less cash-dependent society by offering innovative payment solutions and advanced financial services
that meet market needs and future aspirations.
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