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9/24/25, 11:18 AM Latest News
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’s effort to deliver smarter, faster, and more secure payment experiences, further boosting
the region’s quickly expanding digital economy.
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