Page 8 - HyperPay PR REPORT - NOVEMBER 2024
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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.”
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