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Morocco Joins Pan-African Payment and Settlement System – The North Africa Post

Morocco’s Central Bank has joined the Pan-African Payment and Settlement System (PAPSS), a centralized financial market infrastructure that enables the efficient flow of money securely across African borders, minimizing risk and contributing to financial integration across the Continent. Morocco becomes the 17th country adhering to PAPSS developed by the African Export-Import Bank (Afreximbank) in partnership […]
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LANA CASH, a subsidiary of the CIH BANK Group, is taking a major step in the Moroccan electronic payments landscape by obtaining full-year acquirer status. This step is the result of the recent decisions of the Competition Council which opened the payment market and brought about the transformation of the Center Monétique Interbancaire (CMI) into a ... This article Digital payment: LANA CASH expands its offer with innovative solutions est apparu…

M2T, a subsidiary of the BCP Group and major payment player in Morocco, launches Chaabi Payment, an offer dedicated to the acceptance of multi-channel payments (card and mobile), online or via TPE. The post Multi-channel Payment: M2T deploys "Chaabi Payment" appeared first on LesEco.ma.

Bank Al-Maghrib has officially joined the Pan-African Payment and Settlement System (PAPSS), making Morocco the 17th country to join this regional infrastructure aimed at facilitating cross-border payments in Africa. Launched in January 2022 in Accra and developed by the African Import-Export Bank (Afreximbank), in partnership with the African Union and the African...

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Financial Afrik broke the news in on Monday, July 7, 2025.
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