Maroc Telecom and Visa have signed a new deal to grow digital payments in Africa. The agreement was signed on Tuesday.
The two companies signed a Memorandum of Understanding (MoU) for a strategic partnership. The goal is to increase secure and modern payment methods.
The deal will support financial inclusion in Morocco and other African countries where Maroc Telecom operates. It also promotes digital growth.
Both companies will work together to create better financial services for more people across the continent.
“The initiative reflects a shared commitment to supporting economic development and digital transformation across the continent through inclusive financial services.”
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Maroc Telecom Focus on Secure and Innovative Payment Systems
Reports say the agreement will use each company’s strengths. This will help fast-track safe and innovative payment solutions.
The partnership supports Africa’s goal of becoming a digital economy. It will help more people use digital tools for money matters.
Visa and Maroc Telecom want more people to access financial services. They believe digital payments are key to this growth.
More details about the exact projects are expected in the coming months. For now, both companies are planning the next steps.
This deal shows how companies can team up to solve real problems. Together, they want to make digital payments easy for everyone.