Riyadh-headquartered payment processing platform HyperPay has closed an eight-figure USD investment, it announced today in a statement…

With Covid-19 causing more businesses to close their doors or drastically reduce their operations, the ones who were fast enough to migrate online…

Riyadh-headquartered payment processing platform HyperPay has closed an eight-figure USD investment, it announced today in a statement to MENAbytes without disclosing the exact size of the deal…

What impact have you seen from the pandemic in terms of volumes and types of transactions? The impact has been enormous. The Kingdom is far above the government’s target of 28% cashless transactions by 2020…

The pandemic has forced us to take bigger steps towards a truly cashless society – but we were headed in that direction anyway. Before, most businesses were operating offline, and those businesses that applied e-commerce didn’t focus on intensifying the concept…