{"id":3094,"date":"2025-10-18T20:29:54","date_gmt":"2025-10-18T19:29:54","guid":{"rendered":"https:\/\/techstream.africa\/?p=3094"},"modified":"2025-10-18T20:29:54","modified_gmt":"2025-10-18T19:29:54","slug":"pay10-gains-license-to-boost-digital-payment-innovation-in-morocco","status":"publish","type":"post","link":"https:\/\/techstream.africa\/?p=3094","title":{"rendered":"Pay10 Gains License to Boost Digital Payment Innovation in Morocco"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"690\" src=\"https:\/\/techstream.africa\/wp-content\/uploads\/2025\/10\/digital-payment-2-1024x690.png\" alt=\"\" class=\"wp-image-3095\" srcset=\"https:\/\/techstream.africa\/wp-content\/uploads\/2025\/10\/digital-payment-2-1024x690.png 1024w, https:\/\/techstream.africa\/wp-content\/uploads\/2025\/10\/digital-payment-2-300x202.png 300w, https:\/\/techstream.africa\/wp-content\/uploads\/2025\/10\/digital-payment-2-768x518.png 768w, https:\/\/techstream.africa\/wp-content\/uploads\/2025\/10\/digital-payment-2.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The fintech firm Pay10 has secured regulatory approval from Morocco\u2019s central bank, Bank\u202fAl\u2011Maghrib (BAM), to operate as a licensed payment institution in the country.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The licence marks a significant milestone both for Pay10 and for Morocco\u2019s push towards a modern, inclusive digital\u2011payments ecosystem. With this authorisation, Pay10 is now cleared to offer regulated digital payment services across Morocco, such as mobile wallets, payment gateways and infrastructure for merchants, SMEs and consumers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In its official announcement, Pay10 said the licence underpins its commitment to aligning with Morocco\u2019s national vision of a digitally strengthened economy and improved financial inclusion for underserved segments. The firm emphasised goals of lower transaction costs, quicker settlement, full interoperability and coverage across the entire territory. For Morocco, this development is timely. The country has been actively seeking to accelerate the adoption of cashless payments, mobile\u2011wallet services and digital financial solutions for citizens and businesses alike. Regulations such as BAM\u2019s Decision No.\u202f392\/W\/2018 underline the framework for mobile payments and interoperability in the Moroccan market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Pay10 brings an established global presence to the region and will now be able to plug into Morocco\u2019s payments infrastructure. The move is expected to boost competition, enhance choices for merchants and consumers, support SMEs through more efficient payment systems and help further digitise the economy. From Pay10\u2019s perspective, being regulated locally adds credibility, supports compliance and opens opportunities for growth in Morocco\u2019s growing digital payments sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/techafricanews.com\/2025\/10\/17\/pay10-receives-regulatory-approval-to-operate-in-moroccos-digital-payments-sector\/\">Click here to read<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The fintech firm Pay10 has secured regulatory approval from Morocco\u2019s central bank, Bank\u202fAl\u2011Maghrib (BAM), to operate as a licensed payment institution in the country. The licence marks a significant milestone both for Pay10 and for Morocco\u2019s push towards a modern, inclusive digital\u2011payments ecosystem. With this authorisation, Pay10 is now cleared to offer regulated digital payment&#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3094","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/3094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3094"}],"version-history":[{"count":1,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/3094\/revisions"}],"predecessor-version":[{"id":3096,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/3094\/revisions\/3096"}],"wp:attachment":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}