Mastercard, a global payment processing leader, and NAPS, a pioneer in the Moroccan FinTech industry, are collaborating to create innovative payment solutions for both individuals and companies.
According to FinTech Global, this alliance reinforces the historically strong relationship between the two entities, setting the stage for further progress in the field of digital payments.
By utilizing Mastercard’s cutting-edge technology to improve the company’s innovation capabilities and accelerate the launch of its next digital solutions, this cooperation is in line with NAPS’s long-term goal.
Therefore, the partnership aims to strengthen NAPS’s standing as a top FinTech business and support its inherent innovation culture.
Additionally, it intends to hasten Morocco’s growth of digital payment options, enhancing its position as the principal Arab FinTech centre.
“We are delighted to share our technological expertise with NAPS to pursue our common objective of advancing inclusive growth,” said Mohamed Benomar, the country general manager of MENA West at Mastercard.
In order to fully realize the potential of digital payments and give customers a better experience through cutting-edge services, NAPS and Mastercard want to create new ecosystems of digital services in Morocco. This will help to promote financial inclusion on a wider spectrum.
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