What does it take to get a payment processing licence in Morocco?
To hold a payment processing licence in Morocco, you need the Établissement de paiement offrant des produits et services de paiement licence from Bank Al-Maghrib. Published minimum capital: MAD 10,000,000 (dix millions de dirhams) — the minimum paid-up capital or fully-versed endowment of a payment institution licensed to offer the loi 103-12 Art. 16 payment services. 16 entities currently hold a payment processing licence in Morocco. Full requirements — minimum capital, local presence, timeline, local ownership, fees and ongoing obligations — are set out below in each instrument's own words, with source and date; amounts are in the statute's own currency.
“Payment processing” here is the normalized activity: Provide payment processing / payment solution services without holding customer funds. Providers in this category cannot keep customers' money.
Activity id (as used by the Afriset MCP): fintech:PAYMENT_PROCESSING
Établissement de paiement offrant des produits et services de paiement
Bank Al-Maghrib| Requirement | As published | Source | Source date |
|---|---|---|---|
| Minimum capital | MAD 10,000,000 (dix millions de dirhams) — the minimum paid-up capital or fully-versed endowment of a payment institution licensed to offer the loi 103-12 Art. 16 payment services. Verbatim“2- 10.000.000,00 DH (dix millions de dirhams) pour les sociétés agréées pour offrir les services de paiement prévus à l'article 16 de la loi n° 103-12 relative aux établissements de crédit et organismes assimilés.” | Circulaire du Wali de Bank Al-Maghrib n° 8/W/2016 (10 juin 2016) inserting Art. 2 bis (établissement de paiement minimum capital) into circ. 20/G/2006, as homologated (BO n° 6666 du 19-4-2018) | 2016-06-10 |
| Local presence / incorporation | A value has been located but not yet verified, so we don't publish it here. | — | — |
| Timeline | A value has been located but not yet verified, so we don't publish it here. | — | — |
| Local ownership | A value has been located but not yet verified, so we don't publish it here. | — | — |
| Fees | A value has been located but not yet verified, so we don't publish it here. | — | — |
| Ongoing obligations | A value has been located but not yet verified, so we don't publish it here. | — | — |
Requirements as published in the cited instruments — not legal or compliance advice. Capital and fees are shown in the currency the statute itself uses. Where a value is located but not yet verified, we show that it exists but don't publish the figure. Verify directly with the regulator.
Maintained: this official source is re-checked on a weekly schedule — last checked 2026-08-04 · unchanged since the previous check.
Who already holds this licence?
16 entities are on the Bank Al-Maghrib register under the Établissement de paiement offrant des produits et services de paiement category — view the register .
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