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9/25/25, 10:18 AM HyperPay Strengthens Fintech Collaborations with MoUs at Money20/20 Middle East 2025 | Web Release
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’s effort to deliver smarter, faster, and more secure payment experiences,
further boosting the region’s quickly expanding digital economy.
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