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2/26/25, 2:06 PM HyperPay signs MoU with barq to elevate quality of services and enhance customer satisfaction - Middle East News 247
HyperPay signs MoU with barq to elevate quality of
services and enhance customer satisfaction
By News Desk 1 25/02/2025
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 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.”
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