Page 14 - HyperPay PR REPORT

Page 14 - HyperPay PR REPORT - FEBRUARY 2025

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2/26/25, 2:05 PM HyperPay signs MoU with barq to elevate quality of services and enhance customer satisfaction
Convention Center in Malham, north of Riyadh, for the fourth consecutive year. Over 1800 prominent
global and local companies from the financial and technology sectors participated in the event.

Muhannad Ebwini, Founder and CEO of HyperPay, stated: “Our partnership with barq is a testament to
our strategic and shared vision of innovating and delivering exceptional financial services across the

Kingdom. This initiative allows us to provide innovative and up-to-date financial services, further driving
digital transformation and addressing evolving market demands. It also plays a crucial role in achieving
the objectives of Saudi Vision 2030, which aims to promote sustainable development and strengthen the
national economy and diversity.”

Abduelah bin Khathlan, Acquiring Director at barq, said: “It is an honour to sign this MoU with HyperPay.
It has the potential to leverage both companies’ strengths and create diverse and smart experiences for
users of the barq digital wallet and electronic payment application. It reflects our ambitious vision and
commitment to foster innovation and renewal, further ensuring customer satisfaction and trust in our
financial services.”

This MoU reflects HyperPay’s commitment to forge strong partnerships that enhance the development
of the company’s financial services. These partnerships aim to provide reliable, fast, and innovative
financial solutions that meet customer and market expectations, especially as the financial technology
and digital payments sectors in the Kingdom continue to evolve rapidly.

-Ends-

For further information, please contact:
Orient Planet Group (OPG)
Email: media@orientplanet.com
Website: www.orientplanet.com