Page 48 - HYPERPAY PR REPORT - SEPTEMBER 2025

9/24/25, 11:18 AM HyperPay pens MoUs with Mastercard, Mozn at Money20/20 Middle East | Decypha

HyperPay pens MoUs with Mastercard, Mozn at Money20/20 Middle East

Riyadh – Mubasher: HyperPay, the Saudi payments services provider in the MENA region, signed strategic
memorandums of understanding (MoUs) with Mastercard and Mozn at the Money 20/20 Middle East conference.
These partnerships are expected to promote digital payments innovation and enhance transaction security across Saudi
Arabia, the UAE, and Qatar, according to a press release.
They also anchor HyperPay’s position in leading the region’s fintech development and supporting broader initiatives under
Saudi Vision 2030 to create a secure digital economy.
Muhannad Ebwini, Founder and CEO of HyperPay, said: “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.”
He added: “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.
The cards are developed to offer 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.
As for its agreement with Mozn, the partnership aims to incorporate Mozn’s innovative Focal platform into HyperPay’s ecosystem. It will enhance fraud prevention and financial
crime compliance across HyperPay’s digital transactions.
Mubasher Contribution Time: 24-Sep-2025 06:06 (GMT)
Mubasher Last Update Time: 24-Sep-2025 06:07 (GMT)

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