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9/25/25, 10:16 AM HyperPay Strengthens Fintech Collaborations With MoUs at Money20/20 Middle East 2025

September 24 2025

HyperPay Strengthens Fintech Collaborations With MoUs at Money20/20 Middle East
2025

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HyperPay, a leading payment service provider in the MENA region, signed strategic Memorandums of Understanding (MoUs) with Mastercard
and Mozn at Money20/20 Middle East 2025, held in Riyadh. These partnerships are set to significantly advance digital payments innovation and
improve transaction security across Saudi Arabia, the UAE, and Qatar.

The agreements represent a significant milestone for HyperPay, strengthening its position in leading the region’s financial technology
development and supporting broader initiatives under Saudi Vision 2030 to boost fintech adoption and create a secure digital economy.

Muhannad Ebwini, Founder and CEO of HyperPay, said: “These two landmark partnerships underscore our commitment to shaping the
future of digital payments in the region. Our collaboration with Mastercard is a milestone in HyperPay’s mission to promote digital inclusion
and empower SMEs across Saudi Arabia, the UAE, and Qatar with modern payment solutions. At the same time, our integration of Mozn’s
Focal platform enhances our fraud prevention capabilities and builds trust with every transaction. Together, these MoUs strengthen our mission
to deliver innovative and more secure payment experiences that will transform the way businesses handle their financial operations in a rapidly
evolving digital economy.”,

In partnership with Mastercard, HyperPay will issue business cards tailored to the needs of small and medium-sized enterprises (SMEs) and
merchants across Saudi Arabia, the UAE, and Qatar. These cards are designed to provide scalable, secure, and future-proof payment solutions
for businesses. This collaboration comes after HyperPay’s recent approval of its Electronic Money Institute (EMI) license from the Saudi
Central Bank (SAMA), enabling the company to digitize SME payments more effectively.

Meanwhile, its agreement with Mozn, a regional leader in enterprise AI technologies, aims to incorporate Mozn’s innovative Focal platform into
HyperPay’s ecosystem. This partnership seeks to enhance fraud prevention and financial crime compliance across HyperPay’s digital
transactions.

These strategic partnerships come at a time of increasing digital adoption in the region. According to Mastercard insights, 93 percent of SMEs in
Saudi Arabia are optimistic about the year ahead, with 99 percent already accepting digital payments, highlighting a strong demand for
innovative, secure, and flexible payment solutions.

The MoUs mark an important step in HyperPay&rs

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