Who can issue e-money in Morocco?

As of 2024-12-31, 16 entities are on the official Bank Al-Maghrib register under the Morocco licence category this dataset maps to e-money issuance ("Établissement de paiement offrant des produits et services de paiement") — issuing stored value and holding the customer float under that licence. Other institutions (e.g. licensed banks) may hold customer funds under separate authority. The full, source-linked list is below.

Maintained: this official source is re-checked on a weekly schedule — last checked 2026-08-04 · unchanged since the previous check.

“E-money issuance” here is the normalized activity: Issue stored-value / electronic money redeemable at par and hold the customer float. The category of licence that lets a provider keep customers' money.

Activity id (as used by the Afriset MCP): fintech:EMONEY_ISSUE