Riyadh – Mubasher: Payment gateway provider in the MENA region HyperPay entered into strategic partnerships with prominent organisations at Seamless Saudi Arabia 2023 to help reshape the fintech landscape and elevate customer experiences, according to a press release.
HyperPay joined forces with Bank Aljazira and Saudi Azm, which are both listed on the Saudi Exchange (Tadawul), as well as the UK-based Paymentology to mark significant milestones in the platform’s journey.
The agreement with the Saudi lender reflects HyperPay’s dedication to redefining financial services. Under the partnership, the region-focused company will employ a variety of cutting-edge fintech solutions to offer innovative payment channels that endorse transforming the financial services ecosystem in Saudi Arabia.
Meanwhile, the collaboration with Saudi Azm highlights the mutual goal of advancing business-to-business (B2B) fintech solutions. It further highlights offering recurrent payment services for corporates and boosting multiple payment efficiency. In addition, the partnership aims at helping businesses in improving customer experiences by providing easy, reliable payment transactions.
As for HyperPay’s agreement with payment solutions provider Paymentology, the two sides aim to enhance innovative capabilities of services while presenting novel payment solutions to elevate customer experiences and set new industry standards.
Founder and CEO of HyperPay, Muhannad Ebwini, said: “At HyperPay, we are committed to excellence, quality, and innovation. We are committed to providing the best payment solutions in the fintech sector that streamline processes for our clients, ultimately improving customer satisfaction and experience.”
Ebwini added: “At the event, we showcased our range of innovative and secure financial services through which we aim to redefine payment processes. We further seek to address various challenges in the industry and offer insightful information on current digital payment technologies.”
The CEO concluded: “Seamless Saudi Arabia 2023 served as the perfect venue to showcase our leading expertise in the fintech domain and network with various key players and potential partners in the industry. As the payment industry evolves, we realise that collaboration is essential to maximising the full potential of fintech.”
More than 20,000 attendees besides 500 exhibitors and 450 speakers from different countries were part of the two-day event in Riyadh. It tackled various topics such as fintech, mobile banking, blockchain, digital payments, cybersecurity, and more.
In July 2023, HyperPay acquired Saudi fintech company Sanad Cash as part of developing payment solutions in the region.
Earlier this year, the payments services provider unveiled plans to expand its business in Saudi Arabia by going public through within two years.
