Page 39 - HyperPay PR REPORT - MARCH 2025

4/4/25, 9:08 AM Latest News
smartphones to serve as contactless point-of-sale (POS) terminals without the need for additional hardware,
HyperTap offers seamless, cost-effective, and efficient transaction experiences for both customers and

merchants.
HyperTap represents a significant milestone in the digital payment revolution, providing businesses with the

ability to accept payments anywhere and at any time, particularly small and medium-sized enterprises
(SMEs). Merchants can use NFC-enabled smartphones to securely process transactions through a

straightforward app, further enhancing customer satisfaction and operational efficiency.
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.
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