Page 113 - HYPERPAY PR REPORT - SEPTEMBER 2025

9/18/25, 4:31 PM Mastercard and HyperPay Team Up to Transform Business Payments
Mastercard and HyperPay aim to empower businesses across the region with seamless access to
secure, scalable, and future-ready commercial card offerings that drive growth and support the

needs of a rapidly evolving digital economy. Leveraging Mastercard’s global reach, payment
expertise and innovative technology, the collaboration will empower merchants and Small and

Medium-sized Enterprises (SMEs) to streamline expense management and unlock greater efficiency
in their financial operations. HyperPay also received the Electronic Money Institute (EMI) license

approval to support digitizing SME payments.

“With thriving digital economies being built on the foundation of an innovative payments

ecosystem, our collaboration with HyperPay aims to empower merchants, SMEs and the wider
business community with game-changing commercial cards that safeguard their futures and foster

economic growth. 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,” said Saud Swar,

Country Manager – Saudi Arabia, Bahrain, Jordan and other Levant, Mastercard.

“Since 2022, we have worked closely with Mastercard to accelerate the digital transformation of the

payment’s ecosystem in the region. Our latest collaboration marks another a 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,” said Muhannad
Ebwini, Founder & CEO, HyperPay.

The collaboration will enable SMEs to achieve greater resiliency, stability and long-term prosperity,
supporting businesses to accept payments more efficiently and deliver digital commercial

experiences.

The new commercial cards will be launched in Saudi Arabia and then rolled out across the UAE and
Qatar.

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