325.9 million operations at the end of September

325.9 million operations at the end of September
325.9 million operations at the end of September

This activity, which includes cash withdrawal operations on the ATM network, payment operations with merchants and eMerchants, payment operations on automatic teller machines (ATMs) and Cash Advance operations, by cards banking, Moroccan and foreign, in Morocco, shows an increase of 19.1% in number of operations and 16.7% in amount compared to the same period of the year 2020, specifies the CMI in its latest report.

Regarding Moroccan cards, they recorded, in payments and withdrawals, 316.9 million transactions for an amount of 264.5 billion dirhams, an increase of + 19.1% in number of transactions and +16.8 % in total amount of transactions, notes the same source.

These transactions are broken down (75.4% in share of the number of transactions and 88.9% in share of the amount), in payment at merchants and eMerchants (24.1% in share of the number of transactions and 11 % as a share of the amount), and in payment on ATMs (0.4% as a share of the number of transactions and 0.1%, as a share of the amount).

Thus, withdrawals by Moroccan cards on ATMs in Morocco totaled, during the period of the first 9 months of 2021, 239.1 million transactions for an amount of 235.1 billion dirhams, an increase of +15.3 % in number of operations and an increase of + 15.6% in amount compared to the same period of the year 2020, specifies the report.

Moroccan card payment transactions to merchants and eMerchants affiliated to the CMI totaled 76.5 million transactions for an amount of MAD 29.1 billion, up + 33.9% in number of operations and + 27.7% in amount compared to the same period in 2020.

Moroccan bank card payments are distributed, in terms of volume, over supermarkets (26.7%), clothing (11.3%), stations (7.7%), furniture and household appliances ( 5.8%), restaurants (5.8%), the health sector (5.7%) and other sectors (36.9%).

In addition, the CMI indicates that payment transactions on ATMs by Moroccan cards for the payment of bills, taxes and the purchase of telecom top-ups totaled 1.3 million transactions for an amount of 227.5 million dirhams. (MDH) during the first 9 months of 2021, down -17.5% in number of operations and -16.8% in amount compared to the same period of the year 2020.

Regarding Moroccan cards with international validity, they carried out 9.1 million foreign currency transactions abroad or on foreign merchant sites, withdrawals and payments, for a total amount of 3.8 billion dirhams, an increase + 22% in number of transactions and + 18.0% in amount compared to the same period in 2020.

The foreign cards business, for its part, recorded, in payments and withdrawals, 9 million transactions for an amount of MAD 10.6 billion with an increase of + 19.2% in number of transactions and + 13.7% in amount.

 
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