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9/18/25, 4:30 PM             Mastercard, HyperPay collaborate to reshape region’s business payments landscape - Mubasher Info















       On its part, HyperPay received the Electronic Money Institute (EMI) license approval to boost digitizing SME
       payments.

       Saud Swar, Country Manager – Saudi Arabia, Bahrain, Jordan and other Levant, Mastercard, noted: “In Saudi
       Arabia, where 93% of SMEs are confident about the year ahead and 99% already accept digital payments, the timing
       could not be more pivotal.”
       Muhannad Ebwini, Founder and CEO of HyperPay, indicated: “Our latest collaboration marks another significant
       step forward on our collective journey towards regional growth, enabling merchants and enterprises to enhance
       business performance with a range of innovative payment solutions.”
       The collaboration will enable SMEs to achieve greater resiliency, stability, and long-term prosperity, enabling
       businesses to accept payments more efficiently and deliver digital commercial experiences.


























































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