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9/24/25, 11:16 AM HyperPay, Mastercard, and Mozn Join Forces to Drive Digital Payments Innovation in MENA - TechAfrica News
“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.”
– Muhannad Ebwini, Founder and CEO, HyperPay
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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