Visa to launch contactless payment cards in Morocco

Moroccans can now use contactless visa cards to pay for their purchases, reports Verdict, an online newspaper based in London covering global business issues with speed, accuracy and intelligence. The technology is finally going to be introduced in Morocco allowing consumers in the North African Kingdom to process transactions in an easy and smart way.

Speaking to the same source, Sami Romdhane, general manager of Visa international Morocco indicated that «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.»

Meanwhile, Mikael Naciri, general manager of the Moroccan Interbanking Center (CMI), stated that Moroccan Interbanking Center is fully backing 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», he added.

For the record, contactless payment systems are credit cards that use radio-frequency identification for making secure payments. Using contactless visa cards can be almost twice as fast as a conventional cash, credit or debit card.