Home Business-Morocco 1 million Moroccans paid their purchases by bank cards in August

1 million Moroccans paid their purchases by bank cards in August

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About a 1 million Moroccans paid their purchases by bank cards, registering a number of transactions exceeding over 5 million and a payment volume of more than 3 billion Dirhams.

Figures from the Inter-bank Electronic Banking Center (IMC) show that some 5,022,619 payment transactions for 3,006,554,711 DH were made by Moroccans and foreign bank cards during August 2017, whether on small business or e-commerce sites affiliated to the CMI.

The increase was 27.8% in number and 17.5% higher than in the same period in 2016.

1,026,875 Moroccan bank cards were active in payment during the month of August 2017 an increase of 21.9% compared to the same month of the previous year.

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