Page 20 - HyperPay PR REPORT - NOVEMBER 2024

11/6/24, 1:58 PM Latest News
In addition to highlighting new AI-driven payment solutions, the company fortified its partnerships to improve
the cashless ecosystem in Saudi Arabia and beyond. HyperPay expanded its strategic collaborations by

signing agreements with GOSI and ANB to optimise payment solutions by streamlining GOSI’s subscription
processing and enhancing ANB's financial transactions with improved efficiency and security.

HyperPay also signed an agreement with Parcelat, an eCommerce service provider, to offer integrated
payment solutions. The partnership is in line with HyperPay's plans to assist Saudi Arabia's e-commerce

industry by providing companies with flexible and safe payment services. These initiatives highlight
HyperPay's role in modernising financial operations in both the public and private sectors of Saudi Arabia,

which is consistent with the country's overall digital transformation goals.
Muhannad Ebwini, Founder and CEO of HyperPay stated, “At HyperPay, our mission is to deliver cutting-
edge payment solutions to promote digital transformation in Saudi Arabia's major industries. Our participation

in Seamless Saudi Arabia 2024 and these latest collaborations demonstrate our commitment to improving
the effectiveness, security, and convenience of financial transactions – all of which are critical to improving

Saudi Arabia's evolving financial ecosystem. More significantly, they also support the Vision 2030 objectives,
which include implementing seamless digital solutions that promote modernisation and sustainable growth.”
“Our goal is to improve the end-user experience by making every interaction quicker, safer, and more

effective with our wide range of innovative payment solutions. We will continue to introduce significant,
scalable innovations to the financial sector that empower companies and promote growth, thereby

strengthening the cashless ecosystem in Saudi Arabia and beyond,” he added.
By offering safe, easy payment methods that streamline online transactions for companies and government

organisations, HyperPay's platform caters to several industries, including hospitality and education. The
company strives to simplify payment processes, enhance user experiences, and boost digital transaction

capabilities for clients, thereby contributing to a resilient financial ecosystem.
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