Page 108 - HYPERPAY PR REPORT - SEPTEMBER 2025

9/18/25, 4:30 PM Mastercard and HyperPay Partner in Saudi Arabia
Mastercard and HyperPay Partner on

Commercial Cards in Saudi Arabia

BY PYMNTS
SEPTEMBER 17, 2025

Mastercard and payment gateway provider HyperPay have partnered to issue commercial cards in

Saudi Arabia, the United Arab Emirates and Qatar.

The commercial cards will be launched in Saudi Arabia and later expanded to the UAE and Qatar, the
companies said in a Wednesday (Sept. 17) press release.

The collaboration aims to serve small and medium-sized businesses (SMBs), helping them streamline
expense management, unlock greater efficiency in their financial operations, and deliver digital
commercial experiences, according to the release.

Saud Swar, country manager for Saudi Arabia, Bahrain, Jordan and other Levant at Mastercard, said in
the release that the region is building “thriving digital economies.”

“In Saudi Arabia, where 93% of [SMBs] are confident about the year ahead and 99% already accept
digital payments, the timing could not be more pivotal,” Swar said.

HyperPay Founder and CEO Muhannad Ebwini said in the release that the two companies have been
collaborating on the region’s digital transformation since 2022.

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