Join on WhatsApp
Join on Telegram
Rabat – Saham Paiements, a subsidiary of Saham Bank that operates in the electronic card payments market, is set to take over part of the merchant portfolio from the Interbank Electronic Banking Center (CMI). This move comes as Morocco works to modernize its payment systems.
According to Saham, the change aims to open the market to more competition among payment providers. This will help diversify services and encourage innovation for Moroccan merchants.
Saham Paiements said the acquisition is an important step in its growth and will speed up the rollout of modern, simple, and market-tailored payment solutions.
The company offers integrated services that combine personalized support with innovative payment technology to help businesses manage both in-store and online payments more efficiently.
Through this acquisition, Saham Paiements wants to play an active role in transforming Morocco’s payments sector, with focus on service quality, innovation, and customer proximity.
“The evolution of the card payment market opens a new era for payment solutions in Morocco. Taking over part of CMI’s merchant contracts gives us the opportunity to support this transition with a value-driven approach, based on innovation and transparency,” said Mohamed El Morabit, CEO of Saham Paiements.
MWN with MAP
