Maroc Telecom teams up with Visa to boost digital payments & financial inclusion in Morocco & Africa

Maroc Telecom teams up with Visa to boost digital payments & financial inclusion in Morocco & Africa

Maroc Telecom company has partnered with Visa Corporation to enhance digital payments and financial inclusion in Morocco and across the African subsidiaries of the major telecommunications company in the North African Kingdom.

Thanks to this partnership, the users of MT Cash, Maroc Telecom’s Mobile Money solution, will benefit from the Visa payment services. This strategic alliance also aims to expand digital financial services, accelerate Africa’s digital transformation, and deliver tailored payment solutions for underserved populations.

According to latest data, the Moroccan e-commerce market is worth $2 billion. By 2027, it will be worth $3 billion. As of 2025, around 20 percent of the population aged 15 years and older in Morocco made or received digital payments. The share increased to over 25 percent among men, while it is lower at approximately 15 percent among the female population.

 

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