Insurance Payment Solutions in Morocco
Digitize the distribution and collection of insurance premiums in Morocco. Chari Money's infrastructure brings insurance product distribution through its agent network and value-added services; to collect premiums by card, Chari Money operates ChariPay, its payment platform.
What is it?
Collecting insurance premiums in Morocco poses specific challenges: a large share of policyholders pay in cash, premiums are often recurring (monthly, quarterly, annual), and companies must handle payment failures and delays. Digitizing collection makes it possible to automate payment requests and reminders, diversify payment channels and improve the collection rate. An insurance payment solution must cover recurring card payments, one-off online payments, and cash channels for unbanked policyholders.
Why Chari Money?
Chari Money's value-added services include insurance distribution: subscription, enrollment and the related payment steps, through the agent network or digitally. The agent network also enables the distribution of micro-insurance in local points of sale. For premiums paid by card, ChariPay, the payment platform operated by Chari Money, handles subscriptions: at each due date, the policyholder receives by e-mail a payment link that they pay by card, with 3-D Secure, and a reminder every day until the instalment is paid. For a one-off payment, a policyholder can also pay a reference in cash at an agency through a single-use payment link.
How Chari Money addresses this
Chari Money provides insurance product distribution through its agent network, white-label wallets for insurtechs and automated accounting reports. ChariPay adds premium collection by card with 3-D Secure, as a one-off payment or a subscription.
Want to collect payments from your own customers?
To send the policyholder a premium payment link by e-mail, due date after due date, use ChariPay subscriptions by payment link.
Related services
Online 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 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 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 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 moreUse cases
Auto insurance
Collect monthly or annual premiums with a payment link e-mailed at each due date, and reminders until it is paid.
Health insurance
Collect members' contributions by card, mobile wallet or through agents, with per-beneficiary tracking.
Microinsurance
Distribute and collect microinsurance premiums through Chari Money's network of local agents.
Insurtech
Integrate white-label wallets into your app through Chari Money's partner API, and collect premiums by card with ChariPay.
Travel insurance
Let customers take out travel insurance online and collect the premium with a ChariPay payment link or hosted checkout.
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
Yes. A policyholder can pay the reference of a single-use ChariPay payment link in cash at an agency of the Chari network, and Chari Money's agent network can also distribute insurance products.
Yes. Chari Money's agent network enables the distribution and collection of microinsurance products directly in local points of sale.
Each ChariPay payment carries your references, and the portal and the CSV export let you reconcile collections per policyholder, per contract and per period.
Yes. Chari Money is a payment institution licensed by Bank Al-Maghrib, and the ChariPay platform is PCI DSS Level 1 certified. 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.
See also
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
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
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