Bank Al-Maghrib (BAM) Launches New Digital Portal to Fuel Africa’s Digital Revolution

Marrakesh – Bank Al Maghrib (BAM) foresees the short-term creation of a support acquisition fund to encourage traders to accept electronic payments, said the Director General (DG) of the Central Bank, Abderrahim Bouazza. Among the short-term actions to strengthen the payment infrastructure, BAM intends to set up a support acquisition fund to facilitate the acceptance of electronic payments by traders," said Bouazza in an interview given to MAP, …

Bank Al Maghrib (BAM) plans to create a short-term support acquisition fund to encourage traders to accept electronic payments," said Abderrahim Bouazza, Managing Director of the Central Bank. "BAM's short-term actions to strengthen the payment infrastructure include the establishment of an electronic payments acquisition fund, which will be used by the Bank's ... This article Electronic payments: towards the creation of a support acquisition fu…

Bank Al-Maghrib (BAM) Launches New Digital Portal to Fuel Africa’s Digital Revolution

While the new digital portal offers exciting opportunities, BAM may encounter several challenges. These could include cybersecurity threats, as protecting sensitive financial data is crucial. Additionally, there might be issues…

As part of GITEX Africa, Bank Al-Maghrib is launching a new portal allowing citizens to access information about their bank accounts autonomously and instantly. The post Bank Accounts: BAM launches a digital window appeared first on LesEco.ma.