The activity of Moroccan bank cards abroad recorded, during the first half of this year, a significant growth rate amounting to about 3.8 billion dirhams.”
Growth of this activity amounted to 38.5 percent in terms of the number of operations, and an increase of 75.2 percent in terms of the amount of money, the Interbank Electronic Banking Center.
The activity includes operations conducted on global shopping sites, withdrawing cash from ATMs abroad, or paying bills through sites.
Monetary activity through bank cards in Morocco recorded, for the first six months of the current year, a growth of 16 percent in terms of the number of transactions, amounting to 245.5 million transactions, and an increase of about 13.2 percent in terms of the total amount achieved. 200.6 billion dirhams.
With regard to Moroccan bank cards, payments and withdrawals amounted to 190.1 billion dirhams, an increase of 14.2 percent. Foreign bank cards, recorded performance in Morocco of about 10.5 billion dirhams, a growth of 112 percent.
At the end of June of this year, the number of bank cards in Morocco reached 18.6 million (MasterCard, Visa, and CMI), of which 12.7 million cards have contactless payment features.
The performance is acquired through the Moroccan bank card in major shops, service stations, and fuel stations. As for foreign bank cards, they are used in Morocco mainly in hotels, restaurants, and bazaars.
The performance activity of online bank cards in Morocco recorded a continuous growth of 36 percent in the first half of the current year in terms of the number of transactions, and an increase of 21.3 percent in terms of the total amount.
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