Mobile payments: Morocco -telecommunications and Visa sealing a strategic partnership

Mobile payments: Morocco -telecommunications and Visa sealing a strategic partnership


By Economist | 04/22/2025 – 16:49 | share
Mobile payments: Morocco -telecommunications and Visa sealing a strategic partnership

The Morocco Communication Group and the Visa Group signed a memorandum of Entente (MOU) to create a framework for global cooperation and to examine cooperation opportunities in Morocco and in the African subsidiaries of the group. This partnership is an important step in the expansion of digital payments and to strengthen the financial integration to the continent, said a press release from the telecommunications operator on Tuesday.

This unprecedented partnership begins with MT Cash, the mobile money solution from Morocco Telecom, which integrates the visual payment solutions into its digital portfolios. This innovation enables its users to make secure electronic payments, money transfers, payments to dealers and much more. Allianz will thus expand access to digital financial services, accelerate the digital transformation of the continent and offer innovative payment solutions that are adapted to the needs of sub-Bancarized population groups. It will also accept the transfer of mobile payments and make financial integration into all countries in which the operator is present.

EMG





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