Page 21 - HyperPay PR REPORT - FEBRUARY 2025

2/26/25, 2:05 PM HyperPay signs MoU with barq to elevate quality of services and enhance customer satisfaction | Web Release

BUSINESS AND ECONO…

HyperPay Signs MoU With Barq To Elevate Quality Of Services And

Enhance Customer Satisfaction

By Editor_wr On Feb 25, 2025

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HyperPay, a leading payment gateway provider in the MENA region, signed a Memorandum of Understanding (MoU)
with barq, an innovative start-up in Saudi Arabia’s financial services sector. The strategic partnership aligns with

HyperPay’s efforts to enhance the quality of services for clients, further ensure their satisfaction, and meet their needs
by offering advanced financial services.

Muhannad Ebwini, Founder and CEO of HyperPay, and Abduelah bin Khathlan, Acquiring Director at barq, signed the

MoU during LEAP 2025, which was held recently at the Riyadh Exhibition and 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

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