E-Wallet Solutions in Morocco
The e-wallet (electronic wallet) is changing the way Moroccans pay, send and receive money. Chari Money provides the infrastructure to launch compliant e-wallets in Morocco: instant opening, a Moroccan IBAN, cash-in/cash-out through Chari Money's agent network, and access to value-added services (launch subject to Bank Al-Maghrib's approval).
What is it?
An e-wallet (or electronic wallet) is a mobile application that lets you store money digitally, make payments, send and receive money, and access financial services from your smartphone. In Morocco, e-wallets are payment accounts regulated by Bank Al-Maghrib, with a Moroccan IBAN. Unlike a traditional bank account, an e-wallet can be opened instantly with a phone number and simplified KYC verification. Users can top up their wallet in cash through the agent network, then use their balance for P2P transfers, bill payments, mobile top-ups and purchases online or in store.
Why Chari Money?
Chari Money provides complete e-wallet infrastructure that complies with Bank Al-Maghrib regulation. Each wallet has a Moroccan IBAN and is connected to Chari Money's agent network (Chari agents, DamaneCash, ChaabiCash, Tashilat) for cash-in/cash-out. Wallets can be linked to physical and virtual Visa cards for in-store and online purchases. The infrastructure is white-label: you launch your own e-wallet under your identity, on Chari Money's licensed platform. Going live remains subject to Bank Al-Maghrib's approval, through the granting of principal agent status, and any new use case requires the prior approval of the Banking Supervision Directorate.
How Chari Money addresses this
Chari Money provides the complete infrastructure to launch an e-wallet in Morocco: compliant payment accounts with a Moroccan IBAN, tiered digital KYC onboarding, cash-in/cash-out through the nationwide agent network, instant P2P transfers, bill payments and mobile top-ups, Visa card linking, and value-added services (insurance, money transfers, digital vouchers). Going live remains subject to Bank Al-Maghrib's approval, through the granting of principal agent status, and any new use case requires the prior approval of the Banking Supervision Directorate.
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 moreAgent Network & CICO
Deploy and operate a cash-in/cash-out network in Morocco. Chari's own agents combined with DamaneCash, ChaabiCash, and Tashilat partner networks, nationwide coverage with real-time tracking.
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 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
Consumer e-wallet launch
Launch your own branded e-wallet with instant opening, agent cash-in/cash-out and payment services (subject to Bank Al-Maghrib's approval).
Financial inclusion
Give underbanked populations access to financial services with an e-wallet available on a smartphone.
Paying employees and gig workers
Pay your staff through an e-wallet, with funds available instantly and access to the agent network for withdrawals.
Digital loyalty programme
Add an e-wallet to your loyalty programme for top-ups, refunds and digital rewards.
Super app
Add an e-wallet to your existing app to bring payments, top-ups, bills and transfers together.
Regulatory note — Any partner wishing to use Chari Money's financial services on a white-label basis must be approved by Bank Al-Maghrib, through the granting of principal agent status. Launching any new use case requires the prior approval of the Banking Supervision Directorate.
Frequently asked questions
An e-wallet (electronic wallet) is a mobile application that lets you store money digitally, pay, send and receive money, and access financial services from your phone.
Yes. Chari Money e-wallets are payment accounts regulated by Bank Al-Maghrib, with mandatory KYC verification and bank-grade security.
Through Chari Money's agent network (Chari agents, DamaneCash, ChaabiCash, Tashilat), by bank transfer, or by bank card.
Yes. Cash withdrawals are possible across the nationwide agent network. Funds can also be transferred to a bank account.
Yes. Chari Money e-wallets can be linked to physical and virtual Visa cards issued under its Visa Associate licence, for in-store and online purchases worldwide.
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
M-Wallet in Morocco
M-wallet (mobile wallet) in Morocco: mobile payments, QR code, P2P transfers, agent cash-in. Launch your white-label m-wallet with Chari Money (subject to Bank Al-Maghrib's approval). BAM compliant
Cash-In Cash-Out (CICO) in Morocco
A cash-in/cash-out network with nationwide coverage in Morocco. Chari agents + DamaneCash + ChaabiCash + Tashilat. Real-time tracking, agent onboarding, and value-added services