Page 8 - HyperPay PR REPORT - NOVEMBER 2024

Press Release

HyperPay Partners with Leading Industry Innovators to Showcase
Cutting-Edge Digital Payment Solutions at Seamless Saudi Arabia

2024

Riyadh, KSA, 05 November 2024- HyperPay, the leading payment gateway provider in the
MENA region, showcased its cutting-edge digital payment technologies and connected with key
leaders in the fintech sector at Seamless Saudi Arabia 2024. During its interactions, HyperPay
emphasised its role in advancing Saudi Arabia's digital transformation goals following the Saudi

Vision 2030 strategy.

The company unveiled new services that leverage AI to optimise the user experience and
strengthen transaction security, reflecting HyperPay’s ongoing plans to expand across the Middle
East to reach new markets such as Bahrain, Egypt, and Qatar.

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.”