Page 34 - HyperPay REPORT - MARCH 2024

3/26/24, 11:15 AM HyperPay teams up with Capital Bank
Source: HyperPay

HyperPay teams up HyperPay, the leading payment
gateway provider in the MENA
with Capital Bank region, signed a collaboration
agreement with Capital Bank
intending to drive the future of
streamlined payment gateway
18 hours ago 0 0 0
services for merchants.

The collaboration agreement
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.

Muhannad Ebwini, Founder and CEO of HyperPay said: “At HyperPay, our strategies and initiatives
come in line with our keenness for empowering businesses and facilitating seamless transactions.
Our recent collaboration with Capital Bank is a testament to our commitment to achieving
excellence through technological synergy. This partnership combines Capital Bank’s acquiring
expertise with HyperPay’s cutting-edge technologies, aiming to redefine merchant payment
experiences. Our goal is not only to enhance transactional efficiency but also to elevate the overall
journey for both merchants and customers. We are dedicated to delivering secure, reliable, and
innovative payment solutions that promote customer satisfaction and loyalty. As we embark on this
journey with Capital Bank, we are excited to exceed the evolving needs of merchants in the present
dynamic business landscape.”

Rajaei Ajjour, Chief Payments & Acquiring Officer at Capital Bank – Jordan & Iraq, expressed his
enthusiasm for the collaboration, stating, “This strategic partnership with HyperPay underscores
Capital Bank’s commitment to elevating payment gateway services. By integrating our digital
payment acceptance services with HyperPay’s advanced technologies, we aim to empower
merchants with efficient, secure, and seamless transaction experiences. This collaboration is a
testament to our dedication to fostering innovation and providing unparalleled value to both
merchants and consumers.”

HyperPay is renowned in the MENA region for its distinguished services that support companies to
accept payments from customers rapidly, securely, and seamlessly. With a significant focus on
advanced technologies, the company offers online payments, mobile payments, point-of-sale
solutions, and value-added services, such as fraud protection, chargeback management, and data
analytics.

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