Customers in Morocco can now pay for their purchases by simply tapping their contactless Visa card as Visa introduces contactless payments.
The use of contactless payments reduces the time it takes to process transactions. Visa stated that the new technology being introduced in Morocco is protected by layers of security that eliminates the risk of unauthorised transactions.
Go deeper with GlobalData
Sami Romdhane, general manager of Visa International Morocco, stated: “Contactless technology is becoming more and more widespread around the world and, as a leader in electronic payment, we strive to provide the latest digital payment technologies. It also offers consumers a fully secure and transparent payment experience.”
Mikael Naciri, general manager of the Moroccan Interbanking Center (CMI), added: “The Moroccan Interbanking Center fully supports the adoption of contactless payment in Morocco.
“We already have more than 13,000 terminals equipped with this system, including malls, all BIM stores and the majority of CMI affiliated merchants selling small items or services. The plan is that by the end 2018, we want the system is to reach 20,000 terminals.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
