Page 99 - HYPERPAY PR REPORT - SEPTEMBER 2025

9/18/25, 4:30 PM Mastercard and HyperPay Join Forces to Revolutionize SME Payments in MENA - TechAfrica News
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.”

– 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.”

– Muhannad Ebwini, Founder & CEO, HyperPay

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