Banking as a Service in Morocco
Build and launch financial products in Morocco without building infrastructure from scratch. ChariBaaS provides a modular, API-first Banking as a Service platform covering payment accounts, wallets, KYC/KYB onboarding, card issuing, POS and online acquiring, agent networks, and regulatory reporting.
What is it?
Banking as a Service (BaaS) is an infrastructure model that lets businesses embed regulated financial services — accounts, payments, cards, compliance — into their own products via APIs. Instead of obtaining banking licenses and building core systems, companies use a licensed BaaS provider like ChariBaaS to access the full stack.
Why ChariBaaS?
ChariBaaS is licensed by Bank Al-Maghrib and operates within the Moroccan regulatory framework, supporting local payment methods (DamaneCash, ChaabiCash, Maroc Pay) alongside Visa and Mastercard global networks. The platform is designed for MENA and African market expansion with multi-currency account management. PCI DSS certified, API-first architecture enables cross-border integration for international fintechs and enterprises looking to enter the Moroccan and broader African financial services market.
How ChariBaaS addresses this
ChariBaaS is a licensed, modular platform built for the Moroccan regulatory environment. It covers the full financial services stack: compliant payment accounts with Moroccan IBANs, tiered KYC/KYB onboarding, Visa card issuing with dedicated BINs, hard POS and soft POS acquiring, online payment via Chari Pay, Morocco's most extensive agent network for cash-in/cash-out, and automated accounting with Bank Al-Maghrib reporting.
Related services
Payment Accounts & Wallets
Compliant payment accounts & wallets with Moroccan IBANs. Fully digital account opening via phone number with built-in KYC/KYB. Real-time balance, transaction history, and fund management — all accessible via API.
Learn moreOnboarding KYC / KYB
Onboard customers in under five minutes — securely and compliantly. Tiered KYC levels (1,000 to 100,000 DH), automated identity verification with document scanning and facial recognition, and full lifecycle management.
Learn moreCards Issuing & Management
Issue branded Visa cards — physical and virtual — with a fully in-house Card Management System. Full lifecycle control: activation, limits, contactless, ATM, online. Visa Associate License with dedicated BINs.
Learn moreAccounting & Settlement
Automate accounting, settlements, and Bank Al-Maghrib regulatory reporting from a single source of truth. Real-time operations tracking, automated ledger postings, and detailed transaction audit trails.
Learn morePayments and Bank Transfers
P2P and P2B transfers by phone number or RIB, direct debits, automated payouts — all through fast, secure APIs. Built to scale with your activity.
Learn moreAcquiring (In-Store)
White-label Hard POS terminals and Soft POS on NFC smartphones — branded to your identity. Visa, Mastercard, contactless. Chari is becoming a direct acquirer by end of 2026.
Learn moreAcquiring (Online) — Chari Pay
Accept payments online via Chari Pay — PCI DSS certified, 3D Secure. Multiple payment methods: card, DamaneCash, ChaabiCash, Maroc Pay. Plug-and-play for Shopify, WooCommerce, and Amadeus.
Learn moreAgent Network & CICO
Deploy and operate Morocco's most extensive cash-in/cash-out network. Chari's own agents combined with DamaneCash, ChaabiCash, and Tashilat partner networks — nationwide coverage with real-time tracking.
Learn moreValue-Added Services
Bill payments, mobile top-ups, digital vouchers, money transfers, and more — managed end-to-end by the platform. Available through the agent network or digitally.
Learn moreUse cases
Fintech startups
Launch a neobank, lending app, or payment product without building infrastructure from scratch.
Telecom & super-apps
Embed wallets, airtime top-ups, bill payments, and money transfers into your existing user base.
E-commerce & marketplaces
Offer integrated payment accounts, payouts, and merchant acquiring to your sellers.
Banks & financial institutions
Modernize legacy systems with modular, API-driven financial infrastructure.
Enterprises & corporates
Digitize employee expense management, supplier payments, and payroll with branded card programs.
Frequently asked questions
BaaS is an infrastructure model that allows businesses to integrate regulated financial services — payment accounts, cards, KYC, transfers — into their own products via APIs, without obtaining banking licenses themselves.
Yes. ChariBaaS operates under Moroccan financial regulations and holds the necessary authorizations. Card issuing is conducted under a Visa Associate License sponsored by Bank of Africa.
ChariBaaS covers payment accounts with Moroccan IBANs, KYC/KYB onboarding, Visa card issuing, hard POS and soft POS acquiring, online payment via Chari Pay, agent network & cash-in/cash-out, value-added services, payments & bank transfers, and accounting & settlement.
Integration via APIs can begin immediately with sandbox access. Go-to-market timelines depend on the scope of services, but the modular platform is designed for rapid deployment.
ChariBaaS is designed for fintechs, banks, telecoms, marketplaces, microfinance institutions, e-commerce companies, and enterprises looking to embed financial services into their products in Morocco and the MENA region.
See also
Digital Wallet & E-Wallet in Morocco
Digital wallet and e-wallet with Moroccan IBANs. Fully digital opening, real-time balances, agent network cash-in/cash-out, Visa card linking, and value-added services. ChariBaaS.
Payment Gateway in Morocco — Chari Pay
Accept online payments in Morocco with Chari Pay. PCI DSS certified, 3D Secure, Visa, Mastercard, DamaneCash, ChaabiCash, Maroc Pay. Shopify & WooCommerce plugins.
Payment Service Provider (PSP) in Morocco
ChariBaaS is Morocco's full-stack PSP. Online acquiring, in-store POS, card issuing, wallets, and agent network — all from one licensed platform.