Emerging Markets Finance Headlines Morocco

Morocco opens digital payment market, ends CMI’s near-monopoly

Morocco has officially dismantled the near-monopoly held by le Centre Monétique Interbancaire (CMI) over electronic payment terminals, marking a major shift in the country’s digital economy and financial sector. The reform, which took effect on May 1, 2025, allows banks, fintech firms, and independent payment providers to directly offer point-of-sale (POS) services to merchants, a […]