Page 95 - HYPERPAY PR REPORT - SEPTEMBER 2025

9/18/25, 4:29 PM Mastercard collaborates with HyperPay to transform the region’s business payments landscape - Saudishopper
Mastercard and HyperPay aim to empower businesses across the region with
seamless access to secure, scalable, and future-ready commercial card offerings that

drive growth and support the needs of a rapidly evolving digital economy. Leveraging

Mastercard’s global reach, payment expertise and innovative technology, the
collaboration will empower merchants and Small and Medium-sized Enterprises

(SMEs) to streamline expense management and unlock greater efficiency in their
financial operations. HyperPay also received the Electronic Money Institute (EMI)

license approval to support digitizing SME payments.

“With thriving digital economies being built on the foundation of an innovative
payments ecosystem, our collaboration with HyperPay aims to empower merchants,

SMEs and the wider business community with game-changing commercial cards that
safeguard their futures and foster economic growth. In Saudi Arabia, where 93% of

SMEs are confident about the year ahead and 99% already accept digital

payments, the timing could not be more pivotal,” said Saud Swar, Country
Manager – Saudi Arabia, Bahrain, Jordan and other Levant, Mastercard.

“Since 2022, we have worked closely with Mastercard to accelerate the digital

transformation of the payment’s ecosystem in the region. Our latest collaboration
marks another a significant step forward on our collective journey towards regional

growth, enabling merchants and enterprises to enhance business performance with a
range of innovative payment solutions,” said Muhannad Ebwini, Founder & CEO,

HyperPay.

The collaboration will enable SMEs to achieve greater resiliency, stability and long-
term prosperity, supporting businesses to accept payments more efficiently and

deliver digital commercial experiences.

The new commercial cards will be launched in Saudi Arabia and then rolled out
across the UAE and Qatar.

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