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9/18/25, 4:30 PM Mastercard collaborates with HyperPay to transform the region’s business payments landscape | Al Bawaba
Mastercard collaborates with HyperPay to transform the region’s business
payments landscape

PRESS RELEASE Published September 18th, 2025 - 04:22 GMT

Mastercard will collaborate with HyperPay, the leading payment gateway provider in the Middle East and North
Africa (MENA), to accelerate the digital transformation of the Saudi commercial payments landscape.

The collaboration will see Mastercard and HyperPay drive the modernization of business payments across the
region, with the two entities joining hands to issue commercial cards in Saudi Arabia and other key markets,
including the United Arab Emirates and Qatar.

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 Mana

“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.

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