Page 35 - HyperPay PR REPORT

Page 35 - HyperPay PR REPORT - MARCH 2025

P. 35

4/4/25, 9:08 AM HyperPay launches HyperTap for seamless contactless payments for UAE businesses
Muhannad Ebwini, Founder and CEO of HyperPay, commented: “In the current fintech landscape,
businesses need flexible, affordable payment options that adapt to their evolving requirements. We are
providing SMEs and business owners with innovative solutions such as HyperTap that streamline
payment acceptance, promote digital adoption, and ensure customer convenience while maintaining the

highest security standards.”

Businesses can utilize this application to transform their current smartphones into contactless payment
terminals without the need for POS devices. Certified by the PCI Security Standards Council (PCI SSC)
as a validated MPoC Solution (MPOC), HyperTap is protected by industry-leading encryption and

security protocols that safeguard transactions, ensuring safe payments for both customers and
businesses. It also lowers costs associated with traditional payment hardware, making it an ideal choice
for startups, mobile centric or field-based SMEs. Additionally, consumers can use wearable technology,
digital wallets, or credit/debit cards to quickly and securely perform contactless transactions.

HyperTap’s launch aligns with the UAE's goal of a cashless economy and digital transformation. Owing

to the increasing demand for secure and seamless payment solutions, it is projected to significantly
impact financial transactions across the region.

HyperTap is designed to serve a diverse range of industries and merchant segments, including retail,
eCommerce, delivery, logistics, freelancers, and independent professionals. Furthermore, the

application helps SMEs adjust to the evolving financial landscape by bridging the digital gap. By utilising
technology that streamlines transactions, HyperTap offers companies a competitive edge, enabling
them to focus on expansion rather than operational inefficiencies.

HyperTap can now be utilised by businesses across the UAE, with further plans set to expand to other
markets such as Saudi Arabia and Egypt. Merchants can download the HyperTap app from popular app

stores or register on the official HyperPay website.