Direct card payment is still suffering from a bad reputation in Morocco because of customers' lack of familiarisation. The meeting, that brought together many bank executives, aims to state the objectives of 2006 concerning card contract harmonization among national banks.
The group plans to take measures to increase bank card use popularity. An extension of the TPE network among merchants, a decrease of card price and a large campaign of sensitization are to become operative in 2006, said Chaïbaïnou. The sensitisation campaign is to insist on the safe aspect of electronic payments and the fraud control that it permits.
There are currently 2000 automatic teller machines (ATM) in Morocco.
Source: Moroccotimes