Page 23 - HyperPay REPORT - MARCH 2024

3/26/24, 11:13 AM HyperPay Signs Collaboration Agreement with Capital Bank to Expand Payment Gateway Services for Merchants | iHeartE…
25 March 2024- HyperPay, the leading payment gateway provider in the MENA region, signed

a collaboration agreement with Capital Bank intending to drive the future of streamlined
payment gateway services for merchants. The collaboration marks a significant step in the

journey of both parties, as they will make combined efforts to develop the payment landscape

for merchants.

The collaboration will enhance the online payment gateway services, offering benefits to both

merchants and consumers. By leveraging Capital Bank’s digital payment acceptance services,

HyperPay seeks to deliver a seamless and efficient payment gateway experience, solidifying its

commitment to empowering businesses and ensuring a secure and seamless transaction
experience.

The agreement covers three key areas to provide the highest quality services to both
merchants and customers. The initial focus of the collaboration is the optimisation of payment

gateway services. This enables HyperPay and Capital Bank to offer enhanced payment

gateway services that can meet the evolving requirements of merchants. The second focus

area is the enhancement of merchant experience, in line with which both parties will prioritise
ensuring a user-friendly payment experience through its services that promote customer

satisfaction and foster loyalty. Finally, it aims to offer secure and reliable transactions by

integrating Capital Bank’s digital payment acceptance services with HyperPay’s advanced

technology. It will also help in instilling confidence in both merchants and customers alike.

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