Payment methods in Morocco

Africa

5methods

4banks

Moroccans pay for only 17% of all online purchases using cards. They pay for the remainder with cash or local digital payment methods.

Market takeaways

Moroccans pay for only 17% of all online purchases using cards. They pay for the remainder with cash or local digital payment methods.
The Moroccan e-commerce market is worth US$2billion. By 2027, it will be worth US$3 billion.
Moroccans complete exactly 60% of their online purchases using a mobile device such as a tablet or smartphone.
The average Moroccan online shopper spends US$67 a year with e-commerce merchants, rising to US$87 by 2027.
Between 2020 and 2022, the online population of Morocco grew by more than 2 million and the proportion of Moroccans with a bank account rose from 29% to 45%.

Population

37.7M

Online population

29.7M

B2C e-commerce

$1.8B

Banked population

45%

Credit card population

E-commerce of total retail

Payment method breakdown

Card17%
Cash58%
Bank Transfer3%
E-Wallet20%
Other2%

Card scheme breakdown

Visa59%
Mastercard33%
American Express0%
Local schemes8%
Other0%

Cross-border e-commerce

Market data coming soon.

Featured payment methods in Morocco

Popular options based on coverage and prominence in this market.

Inwi Money

Inwi Money is a Moroccan telecom mobile wallet regulated under Bank Al-Maghrib, enabling instant transfers, payments for digital services and online purchases. Operator: Inwi (Wana Corporate). Est. users: Part of Morocco's 10 million+ m-wallet base (2024).

CMI

CMI is Morocco's interbank card-processing and online-payment scheme accepting Moroccan-bank Visa/Mastercard and the MarocPay wallet at the majority of online stores. Operator: Centre Monétique Interbancaire (CMI). Est. users: 8 million+ wallet holders via MarocPay (2024).

JumiaPay

JumiaPay is the embedded wallet and checkout solution for the Jumia marketplace and bill payments across several African markets. Operator: Jumia Technologies AG. Est. users: ~5.4M Jumia active customers (2024).

Orange Money

Orange Money is Orange Jordan's mobile wallet connected to CliQ under Central Bank of Jordan supervision, enabling online payments, transfers and bill payment. Est. users: Large telecom-backed user base (2024, best estimate).

Jibi (Wafacash)

Mobile wallet for paying merchants, sending money, depositing/withdrawing funds, paying bills and recharging credit

All payment methods in Morocco

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Showing 5 of 5 payment methods

Featured banks in Morocco

Major institutions operating in this market.

Crédit Agricole Group

Paris, France

Crédit Agricole is the world's largest cooperative bank and France's second-largest financial group. It provides retail, corporate, insurance, and asset management services in France and internationally.

Société Générale

Paris, France

Société Générale is a leading European bank offering retail banking in France and Eastern Europe, plus global markets and investment banking services.