HyperPay
HyperPay is a Riyadh-based B2B payment gateway provider serving 5,000+ merchants across nine MENA countries with a unified platform supporting card payments, invoicing, payouts, fraud management, hospitality integration, and mobile POS, backed by PCI DSS Level 1 and SAMA certifications.
- Company typePrivate
- Founded2014
- HeadquartersRiyadh, Saudi Arabia
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What HyperPay does
HyperPay is a Riyadh-headquartered B2B payment gateway provider serving more than 5,000 merchants across nine MENA countries — Saudi Arabia, UAE, Jordan, Oman, Qatar, Iraq, Lebanon, and Bahrain — with Egypt and additional markets targeted for expansion. Founded in 2014, the company connects merchants to a consolidated network of global, regional, and local integrated payment methods, acquiring banks, and payment brands, offering a unified API for card payments, tokenization, recurring billing, anti-fraud management, no-redirection checkout, and pre-authorization flows including support for mada cards.
The core HyperPay e-Payment Gateway is supported by a modular product suite: HyperBill for invoicing, HyperSplit for payouts and fund transfers, HyperProtect for fraud and risk management, HyperHospitality for Oracle OPERA Cloud-integrated hotel billing, and HyperTap for NFC-enabled mobile POS that turns Android devices into contactless payment terminals. The platform integrates via JavaScript widget (COPYandPay), server-to-server APIs, and native iOS and Android SDKs, and is certified to PCI DSS Level 1, ISO 27001, ISO 27701, and SAMA National Payment Gateway standards, with compliance to Saudi Arabia's Personal Data Protection Law.
HyperPay generates revenue through transaction processing fees that vary by merchant country and profile, subscription or service fees for platform access and reporting, and ancillary fees from products such as HyperBill, HyperSplit, and HyperTap. The company employs a multi-channel go-to-market combining direct enterprise sales, a referral-based partner program targeting agencies and developers, and self-serve onboarding through its website. Strategic investors include Mastercard (with a board observer seat), Amwal Capital Partners, and AB Ventures, following a $36.7 million Series A in 2022; the company has announced plans for a Saudi IPO and continued MENA expansion.
HyperPay firmographics
Firmographics- Name
- HyperPay
- Legal name
- HyperPay Inc Saudi Information Systems Technology
- Website
- https://hyperpay.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- HyperPay is a Riyadh-based B2B payment gateway provider serving 5,000+ merchants across nine MENA countries with a unified platform supporting card payments, invoicing, payouts, fraud management, hospitality integration, and mobile POS, backed by PCI DSS Level 1 and SAMA certifications.
- Ownership category
- akta.pro rank
Where HyperPay is headquartered
LocationHeadquarters
- HQ city
- Riyadh
- HQ country
- Saudi Arabia
- HQ region
- Middle East
Offices5 records
Markets served
HyperPay business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Transaction Processing Fees: HyperPay charges merchants transaction fees for processing payments. Pricing varies by country and merchant registration with different rates for Saudi Arabia, Jordan, Egypt, Lebanon, and UAE. The company operates as a payment gateway with transaction-based revenue.
- Subscription/Service Fees: Merchants pay for access to the payment platform, recurring billing services, and reporting tools. The company provides tiered pricing based on company size and registration country.
- Additional Payment Services: Revenue from ancillary services including HyperBill invoicing, HyperSplit payouts, and HyperTap mobile POS solutions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Custom pricing based on merchant profile and country of registration |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels4 records
HyperPay product offering
Product offeringCore offering
HyperPay is a B2B payment gateway platform that connects merchants across the MENA region to a consolidated network of global, regional, and local payment methods, acquiring banks, and payment brands. The platform processes online card and alternative payments, supports tokenization, recurring billing, fraud management, and mobile POS, and is sold primarily to enterprise and mid-market merchants via direct sales, partner referrals, and self-serve onboarding.
Product overview
HyperPay is a unified payment platform offering a suite of online payment products and services for merchants across the MENA region. The core product is the HyperPay e-Payment Gateway, which connects merchants to a consolidated network of global, regional, and local payment methods, supporting card payments, digital wallets, and alternative payment methods. Around the core gateway, HyperPay offers distinct module products: HyperBill (invoicing), HyperSplit (payouts/fund transfers), HyperProtect (fraud/security), HyperHospitality (hotel PMS integration), and HyperTap (NFC contactless mobile POS). Supporting services include recurring billing, data reporting, a merchant mobile app, and a partner referral program. The platform processes payments across 9 countries and integrates with Oracle OPERA Cloud for the hospitality vertical.
Differentiator
Problem solved
Functional benefit
Brands
- HyperBill: Invoicing system provided by HyperPay that allows merchants to create and send invoices to clients for payment through HyperPay payment gateway.
- HyperSplit
- HyperTap
- HyperProtect
Products and services
- HyperPay E-Payment Gateway Unified, web-based e-payment gateway that connects merchants to a consolidated network of global, regional, and local payment methods, acquiring banks, and payment brands across the MENA region. Supports tokenization, recurring payments, anti-fraud management, no-redirection checkout, pre-authorization, and end-to-end payment processing for mobile and desktop, sold to enterprise and mid-market merchants.
- HyperBill Invoicing system that allows merchants to create, send, and manage invoices and have clients pay them through the HyperPay payment gateway. Accessible via API at hyperbill.docs.apiary.io.
- HyperSplit Payout system that allows merchants to deduct and transfer funds from their bank account to their clients' bank accounts, supporting split payments, vendor settlements, and commission distributions. Accessible via API at hypersplit.docs.apiary.io.
- HyperProtect Enterprise-grade security and fraud prevention solution embedded within the HyperPay platform, providing risk scoring, fraud monitoring, and transaction protection for merchants accepting digital payments.
- HyperHospitality Specialized hospitality payment solution integrated with Oracle OPERA Cloud Property Management System, enabling automated No-Show billing, booking status updates, and digital invoice delivery for hotels and hospitality businesses.
- HyperTap SoftPOS technology that enables Android mobile phones and any NFC-enabled device to accept card-present EMV contactless payment transactions. Transforms a merchant's existing Android device into a payment terminal supporting contactless cards, mobile wallets (Apple Pay, Samsung Pay, Google Pay), and PIN-based authentication.
- Recurring Billing Service enabling merchants to accept recurring payments and manage subscription-based customers through scheduled, automated billing cycles.
- Data Reporting Customized data analysis and reporting tool that provides merchants with insights into customer behavior, transaction trends, and business performance to support faster, data-driven decision-making.
- Merchants Mobile App Mobile application for iOS and Android enabling merchants to monitor transactions in real time, receive alerts, access dashboards, and manage their business on the go. Available on Google Play Store and Apple App Store.
- Partner Program Referral partnership program targeting marketing agencies, independent consultants, web/app development firms, and accelerators. Partners refer clients to HyperPay and earn referral fees per closed transaction.
Quantifiable outcome
- Serving 5,000+ merchants across 7 countries
- +2 more outcomes
Companies that use HyperPay
Customer profileNamed customers12 records
Segments7 records
Ideal customer profiles3 records
HyperPay technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature12 records
HyperPay partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Valu JordancoreStrategic partnership to expand Buy Now, Pay Later (BNPL) solutions across Jordan. HyperPay handles merchant onboarding and technical system integration while Valu focuses on relationship management and customized BNPL solutions. Enables merchants to access advanced payment solutions with immediate settlements and extended terms for buyers.
- UnionPay InternationalcoreStrategic partnership making HyperPay the first Middle East-based payment service provider to enable online merchants to accept UnionPay cards across MENA. Merchants can now accept UnionPay Online Payment (UPOP) enabling access to Chinese consumer market. The partnership addresses cross-border payment needs with transaction volume growing 120%+ in first half 2019.
- Orange JordanminorStrategic agreement between Orange Jordan and HyperPay for smart solutions for online payments in Jordan market.
- OraclecoreCollaboration to provide 'No-Show' hospitality solution for hotels using Oracle OPERA Cloud Property Management System. HyperPay is a member of Oracle PartnerNetwork (OPN) and the solution is available on Oracle Cloud Marketplace. The automated billing solution allows hotels to charge customers for first night's stay in advance of arrival.
- Capital BankminorPartnership agreement with Capital Bank to provide integrated and advanced electronic payment solutions for customers.
Scale indicators7 records
Recent moves8 records
Expansion highlights6 records
HyperPay competitors and assessment
Company assessmentDirect peers
- Tap Payments: MENA-headquartered payment gateway and acquiring platform serving online and in-person merchants across the GCC and wider region. Directly comparable to HyperPay in product scope (gateway, payouts, fraud) and target merchant segments, with overlapping geographies.
- Moyasar: Saudi Arabia-based online payment gateway from SAMA, offering cards, Mada, Apple Pay and invoicing APIs to merchants. Closest direct domestic competitor to HyperPay in the Saudi e-commerce and SME segment.
- PayTabs: MENA-origin payment gateway with presence in Saudi, UAE, Egypt and Pakistan, offering unified APIs, mobile SDKs and invoicing. Highly comparable to HyperPay on product and multi-country gateway positioning.
- Geidea: Saudi-based payment service provider offering online gateway, POS terminals and softPOS solutions to merchants. Competes with HyperPay on both the gateway (especially with HyperTap) and acquiring side across KSA.
- Telr: UAE-based online payment gateway serving SMEs and enterprises across the Middle East with cards, alternative payment methods and merchant APIs. Direct regional gateway competitor to HyperPay.
- Paymob: Egyptian payment gateway serving online and offline merchants across North Africa with cards, mobile wallets and BNPL integrations. Comparable to HyperPay on product scope and emerging-market gateway positioning.
Broad incumbents
- Network International: UAE-headquartered regional acquirer and payment processor with deep MENA banking relationships and gateway capabilities. A broader incumbent that competes with HyperPay for enterprise merchant acquiring mandates.
- Checkout.com: Global payment processor actively expanding in MENA, offering unified gateway APIs, smart routing and acquiring optimization. Competes with HyperPay for large enterprise merchants in the region but at much greater scale.
- Stripe: Global payment platform with growing MENA footprint (e.g., UAE availability). Competes with HyperPay for cross-border enterprise merchants operating in the region, especially on developer experience and global coverage.
Emerging players
- Valu: MENA BNPL provider (and HyperPay partner in Jordan) that layers consumer financing on top of merchant checkouts. Adjacent competitor that could disintermediate HyperPay's gateway role if it continues to vertically integrate.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
HyperPay social profiles
Digital presenceHyperPay compliance and trust
Trust signalCompliance5 records
HyperPay financial estimates
Financial estimateRevenue estimate
Valuation estimate
HyperPay leadership team
Management profileNumber of profiles
Profiles17 records
HyperPay funding detail
Funding detailFunding overview
Funding rounds4 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HyperPay M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about HyperPay
What does HyperPay do?
HyperPay is a B2B payment gateway platform that connects merchants across the MENA region to a consolidated network of global, regional, and local payment methods, acquiring banks, and payment brands. The platform processes online card and alternative payments, supports tokenization, recurring billing, fraud management, and mobile POS, and is sold primarily to enterprise and mid-market merchants via direct sales, partner referrals, and self-serve onboarding.
Is HyperPay a public or private company?
HyperPay is a private company. It is classified as venture growth investor backed and is currently operating.
When was HyperPay founded?
HyperPay was founded in 2014. It employs 101 to 250 people.
Where is HyperPay based?
HyperPay is headquartered in Riyadh, Saudi Arabia, in the Middle East region.
How does HyperPay make money?
Three revenue lines are on record. Transaction Processing Fees are the primary driver. The others are subscription/Service Fees and additional Payment Services.
Who are HyperPay's main competitors?
Direct peers on record are Tap Payments, Moyasar, PayTabs, Geidea, Telr and Paymob. Broad incumbents are Network International, Checkout.com and Stripe. Valu is listed as an emerging player.
Does HyperPay have an API?
Yes. HyperPay offers a unified API enabling merchants to access all platform features including payment processing, billing, and payouts. Two primary integration methods are available: (1) COPYandPay — a JavaScript payment widget that sends sensitive payment data directly from the shopper's browser to the HyperPay platform, enabling frontend token collection without card data touching the merchant's server; (2) Server-to-Server API — allows direct integration of payment acceptance services for fully flexible frontend and backend processing workflows. Additionally, HyperSplits API enables payout and fund transfer operations, and HyperBill API powers invoicing system creation and management. Mobile SDKs for Android and iOS enable native in-app payment capabilities. Integration options support various programming languages with sample code provided. Developer documentation is at hyperpay.docs.oppwa.com/integrations/widget.