Page 8 - HyperPay PR REPORT - MARCH 2025

Press Release

HyperPay launches HyperTap for seamless contactless

payments for UAE businesses

13 March 2025- HyperPay, a leading digital payment solutions provider, launched HyperTap,
a secure Tap on Phone payment solution designed to transform the way UAE businesses receive

payments. By allowing 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