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9/25/25, 10:18 AM HyperPay Signs Strategic MoUs At Money20/20 Middle East 2025 To Accelerate Fintech Innovation In The Middle East - WireUnw…
The agreements, announced at one of the world’s largest
fintech gatherings, underscore HyperPay’s commitment to
shaping the future of digital payments in the Middle
East. Money20/20 Middle East 2025, held at the Riyadh
Exhibition and Convention Centre, brought together more
than 45,000 industry participants, including top brands,
investors, and innovators from over 40 countries.
Muhannad Ebwini, Founder and CEO of HyperPay,
highlighted the impact of these deals, stating, “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.”
Key Features of the Partnerships
Mastercard Collaboration: HyperPay will issue
business cards designed specifically for small and medium-
sized enterprises (SMEs) and merchants, offering scalable,
secure, and future-proof payment solutions. This move
follows HyperPay’s recent approval for an Electronic Money
Institute (EMI) license from the Saudi Central Bank,
positioning the company to further digitize SME payments
across the region.
Mozn Partnership: By integrating Mozn’s innovative
Focal platform, HyperPay aims to enhance fraud prevention
and financial crime compliance, strengthening trust and
security for digital transactions These partnerships align
with Saudi Vision 2030, which seeks to foster a secure
digital economy and widespread fintech adoption.
Mastercard insights reveal that 99% of SMEs in Saudi
Arabia already accept digital payments, with 93%
expressing optimism for the year ahead—a sign of robust
demand for secure, flexible payment solutions.
Innovations on Display at Money20/20
HyperPay also showcased its latest payment innovations at
the event, including advanced tokenization for transaction
security, contactless mobile payments through HyperTap, and
a real-time business payments tracking app. These offerings
are PCI-DSS and ISO certified, ensuring high standards of
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