Page 15 - HyperPay PR REPORT - DECEMBER 2024

Promoting financial inclusion in

Kingdom: HyperPay’s role in providing

digital payment solutions for SMEs

• December 12, 2024

By Muhannad Ebwini, founder and CEO of HyperPay

The Kingdom of Saudi Arabia (KSA) seeks to achieve the highest levels of financial
inclusion by improving access to financial services for all segments of society, including
small and medium enterprises. This is an essential part of the Kingdom’s Vision 2030
objectives to diversify the economy and stimulate economic growth by enhancing the
role of the financial sector as a fundamental pillar of the economy.
Financial inclusion is the key to a thriving economy. It is a vital component in driving the
development process in the Kingdom, as the country seeks to enable individuals and
companies to access financial services easily and safely, enhancing economic
diversification and fostering sustainable development. Furthermore, providing
accessible banking services ensures that the unbanked and underbanked population,
such as those who do not have bank accounts and access to bank loans and electronic

https://www.businesstoday.me/business/promoting-financial-inclusion-in-kingdom-hyperpays-
role-in-providing-digital-payment-solutions-for-smes/