Page 24 - HyperPay PR REPORT - FEBRUARY 2025

2/26/25, 2:06 PM HyperPay signs MoU with barq to elevate quality of services and enhance customer satisfaction - Middle East News 247

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.

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