Fintech Infrastructure in Morocco
Build and launch financial products in Morocco without building infrastructure from scratch (subject to Bank Al-Maghrib's approval). Chari Money provides a modular, API-first fintech infrastructure platform covering payment accounts, wallets, KYC/KYB onboarding, card issuing, POS and online acquiring, agent networks, and regulatory reporting.
What is it?
Fintech infrastructure is the set of regulated financial building blocks, accounts, payments, cards, compliance, that businesses can embed into their own products via APIs. Instead of obtaining their own licence and building core systems from scratch, companies rely on a licensed provider like Chari Money, a payment institution regulated by Bank Al-Maghrib, to access the full stack. This access is subject to Bank Al-Maghrib's approval, following a non-objection agreement from the central bank.
Why Chari Money?
Chari Money is a payment institution licensed by Bank Al-Maghrib and operates within the Moroccan regulatory framework, with the Visa and Mastercard networks and the Maroc Pay network. The platform is designed for MENA and African expansion, with multi-currency account management. PCI DSS certified, its API-first architecture enables cross-border integration for international fintechs and businesses looking to enter the Moroccan and African financial services market.
How Chari Money addresses this
Chari Money 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 acceptance for merchants via ChariPay, the payment platform operated by Chari Money, an agent network for cash-in/cash-out, and automated accounting with Bank Al-Maghrib reporting. 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.
Want to collect payments from your own customers?
These services are for partners launching their own financial products. To collect payments from your customers by card or payment link, Chari Money also operates ChariPay, the merchant payment platform.
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, 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 Money is becoming a direct acquirer by end of 2026 (subject to Bank Al-Maghrib's approval).
Learn moreOnline Acquiring, ChariPay
For merchants, Chari Money operates ChariPay: payment links, hosted checkout and subscriptions, by card (Visa, Mastercard, Maroc Pay) with 3-D Secure, and cash at an agency through a single-use payment link.
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 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 digital wallet app, lending app, or payment product without building infrastructure from scratch (subject to Bank Al-Maghrib's approval).
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.
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
Fintech infrastructure is a model that allows businesses to integrate regulated financial services, payment accounts, cards, KYC, transfers, into their own products via APIs, without obtaining a licence themselves.
Yes. Chari Money is a payment institution licensed by Bank Al-Maghrib and holds the necessary authorizations. Card issuing is conducted under a Visa Associate License sponsored by Bank of Africa. Any partnership is subject to Bank Al-Maghrib's approval, following a non-objection agreement from the central bank.
Chari Money covers payment accounts with Moroccan IBANs, KYC/KYB onboarding, Visa card issuing, hard POS and soft POS acquiring, the agent network and cash-in/cash-out, value-added services, payments and bank transfers, and accounting and settlement. Online payment acceptance for merchants is provided by ChariPay, the payment platform operated by Chari Money.
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. 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.
Chari Money 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
Embedded Finance in Morocco
Embed financial services into your product in Morocco. Accounts, wallets, cards, payments, KYC, all via API. Chari Money embedded finance platform
Chari Money's Partner API in Morocco
Chari Money's partner REST API: customer wallets, KYC, card deposit, cash-in/cash-out, bills, top-ups, vouchers and cards. Sandbox and OpenAPI.