Arab Bank : and HyperPay Sign Cooperation Agreement to Provide E-Payment Services to the Bank’s Customers

Arab Bank signed a cooperation agreement with HyperPay, the leading electronic payment gateway in the Middle East and North Africa region, to provide the bank's merchants and customers with the latest e-payment solutions. The agreement comes as part of the bank's constant efforts to provide its customers with seamless banking services in line with their needs and expectations.

Through the agreement, the bank's merchant and service provider customers will have access to a comprehensive host of advanced e-payment services including payment acceptance, risk and fraud management.

Head of consumer banking at Arab Bank - Jordan, Mr. Yacoub Matouk, said: "We continuously seek to provide the latest banking services and e-payment solutions to our merchant and service provider customers. This collaboration with HyperPay is an added value to our offering that provides advanced and secure solutions to our customers, as well as the ability to track results and to access data easily."

For his part, Mr. Mohannad Abwini, CEO of HyperPay, said: "HyperPay is linked to a wide network of banks across the region and acts as a mediator between banks, merchants and users by providing merchants and service providers with comprehensive e-payment solutions within high levels of security and ease."

Abwini added: "HyperPay aims to further expand across the region through its offices in KSA, UAE and Egypt, while also providing advanced technologies and e-payment solutions, as well as enhancing our smart e-payment processing solutions using the latest and most effective technology platforms to serve the different companies and financial institutions. Today, HyperPay is able to merge with any commerce platform and offer payment acceptance with utmost ease and speed."

It is worth mentioning that Arab Bank offers a host of digital banking solutions including the e-payment acceptance service for a wide range of merchants in Jordan through POS machines, the "Arabi E-Mart" online shopping platform, websites for merchants to increase their online sales, and the "Arabi MobiCash" app, which allows card payments using smartphones.

Arab Bank has recently received several international recognitions from prestigious organizations, most notably "Best Consumer Digital Bank in Jordan 2022" by New York-based Global Finance Magazine.