Among the key measures to establish more competition in the electronic payment sector, the capping of interchange fees and the regulation of the terms of their setting. These two decisions, taken by the Central Bank, came into force on October 1. An official source at Bank Al-Maghrib responds to Médias24’s questions on this subject.
October 2, 2024 at 4:00 p.m.
Modified October 2, 2024 at 7:43 p.m.
Among the key measures to establish more competition in the electronic payment sector, the capping of interchange fees and the regulation of the terms of their setting. These two decisions, taken by the Central Bank, came into force on October 1. An official source at Bank Al-Maghrib responds to Médias24’s questions on this subject.
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October 1st will remain an important date in the annals of the electronic banking market. This is the date of entry into force of a historic decision of Bank Al-Maghrib aimed at reducing excessive fees applied by banks when making electronic payments using bank cards.
In consultation with the Council of…
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Hayat Gharbaoui
October 2, 2024 at 4:00 p.m.
Modified October 2, 2024 at 7:43 p.m.
