Concern is growing within the Moroccan digital community. As the end of the year approaches, many webmasters and content creators find themselves deprived of their usual income. The payment system of Google AdSense, usually running like clockwork, is experiencing an unexplained delay for this month of December, fueling the wildest rumors about the origin of the blockage.
Minister Omar Hejira emphasized the need to equip small businesses, particularly "Moul l’hanout", with electronic payment terminals (EPT).
On Wednesday evening, payments by Moroccan bank cards on the internet experienced significant disruptions. This failure would be due to a computer failure of the National Switch.
As of December 31, 2021, the cards issued by Moroccan banks reached 17.9 million cards, up 4.1% from a year earlier. More than half of the cards are used for cash withdrawal operations.
Bank Al-Maghrib has announced the launch of instant bank transfer in Morocco by the end of the year.
The improvement in technology and security measures generated by the Covid crisis have fostered the confidence of Moroccans in digital payments. Growth is expected to continue even after the epidemic.
Visa and the Moroccan Interbank Monetary Center (CMI) have just announced the increase of the card verification limit to 600 dirhams in Morocco . A change that will allow consumers to make large purchases without entering the PIN code and contactlessly.
Bank Al-Maghrib (BAM) has posted a promotional video on YouTube to promote mobile payment and money transfer operations (Maroc Pay).
Card payments have seen sustained growth during the health crisis due to coronavirus . Nearly 73% of consumers have adopted it in Africa and the Middle East, according to a recent Mastercard study.
To meet an increasingly present need in the national market, Afriquia, the national operator specialized in the distribution of fuels and liquefied petroleum gas, butane and propane, wants to move to mobile payment in its service stations.