Keywords: Electronic Payments


Attijari Payment and Africa-Exchange partner to modernize Morocco's currency exchange offices

Attijari Payment and Africa-Exchange signed a partnership agreement on April 28 in Casablanca to accelerate electronic payment adoption in Morocco's currency exchange sector. The deal targets manual foreign exchange operations and currency transactions handled by Africa-Exchange, an economic interest......

China expands digital yuan programme with 12 new banks

China’s central bank has broadened its digital yuan programme by authorizing 12 additional banks to operate the national digital currency, the People's Bank of China (PBOC) said. This expansion raises the total number of banks able to handle the digital yuan to 22. Among the newly approved......

Saham paiements acquires part of CMI merchant portfolio

Saham Paiements is set to acquire part of the merchant portfolio of Morocco’s Interbank Monetary Center (CMI), in line with the national initiative to modernize payment services. The move aims to increase competition among payment institutions, encouraging innovation and diversified solutions......

Morocco sees sharp rise in bank cards but cash still dominates

The number of bank cards in circulation in Morocco rose to 22.6 million in 2024, marking a 12% increase compared to the previous year, according to the latest annual banking supervision report released by Bank Al-Maghrib. Despite this significant growth, cash withdrawals remain the main use of these......