Morocco: Banque Centrale Populaire Group Launches BPAY Mobile Payment Solution


 | Source:  Financial Afrik

Engaged in the framework of the national strategy of financial inclusion, the group Banque Centrale Populaire launches, this Monday, April 16th, its solution of mobile payment “BPAY”.

This electronic wallet, backed by a bank account, ensures an unprecedented convenience to the realization of money transfer and payment transactions.

Downloadable on App Store and Google Play, the first version of the mobile application “BPAY” allows its users:

  • to transfer money instantly from mobile to mobile;
  • to make instant transfers from mobile to bank account;
  • to carry out different payment transactions;
  • to follow the history of the operations carried out on the electronic wallet.

Innovative and easy to use, the M-Payment solution of Banque Populaire aims to eventually replace the use of cash and traditional means of payment. It will be enriched with new uses as electronic payment ecosystems develop in Morocco.

Mr. Laïdi EL WARDI, General Manager at the Banque Centrale Populaire, said at the launch: “The Banque Populaire thus adds a new brick to its digital offering and makes basic banking services accessible to as many people as possible. “.

In addition to offering a new and optimal customer experience, the BPAY electronic wallet complies with banking and IT security standards as well as privacy standards. Read more on Financial Afrik.

Source: Financial Afrik