What is the most popular payment method in Morocco?
Cash. Currency in circulation reached 513 billion dirhams at the end of 2025, around 30% of GDP, and two thirds of card operations are still ATM withdrawals. Online, 84.1% of shoppers pay cash on delivery.
In detail
Cash. Currency in circulation reached 513 billion dirhams at the end of 2025, up 15.5% and about 30% of GDP, according to Bank Al-Maghrib. Moroccan cardholders used their cards for 450 million cash withdrawals, two thirds of all card operations. Online, the habit is the same: 84.1% of online shoppers pay cash on delivery.
Digital is growing, but alongside cash
Card payments grew 20% to 230.1 million operations in 2025, and Bank Al-Maghrib describes electronic payments and cash rising at the same time. Instant transfers and mobile payments are growing fast, with 16.2 million mobile payment accounts at the end of 2025, but they remain small next to cash.
A changing acceptance market
Since February 1, 2026, card acquiring is open to several payment institutions, and the domestic interchange cap fell to 0.5% on October 1, 2026.
What it means for payment operators
For PSPs serving Moroccan merchants, the market means cards through the new multi-acquirer setup, strong cash-in networks and cash on delivery that cannot yet be ignored. Connecting local acquirers and cash providers once, and activating them per merchant, prepares merchants for the shift as it happens.