Wafacash

wafacash

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Wafacash specialises in the core activity of local finance. Through a range of diversified products and services, it enables increased financial inclusion of low-income individuals and helps to democratise financial services. In the Moroccan market, Wafacash is the leader in international money transfers, joint leader in national transfers and capitalises on the Kingdom's largest distribution network.

Wafacash strives to improve the daily lives of its customers. The Moroccan subsidiary of the Attijariwafa bank group makes access to cash easy through fast and secure services. Wafacash works with the largest international money transfer operators, including Western Union, Money Gram, Ria, Sigue, World Remit, Pay top, Santander, Small World, Azimo and Moneytrans.

6.2

collaborators

1,818

branches

3000

million customers

In 2019, Wafacash was elected "Customer Service of the Year 2019" in the category "Means of payment and transfer of money". This award rewards its alignment with market requirements, simplicity, flexibility and the quality of its services.

Jibi, the first mobile payment account in Morocco, was launched by Wafacash exclusively for individuals and businesses. This mobile application, available on PlayStore and App Store, allows users to have an account that can be charged with an amount between 0 and 200 dirhams (using the application), 0 and 5,000 dirhams or 0 and 20,000 dirhams and consequently make secure digital payments from mobile to mobile. Jibi is part of the company's development strategy for digital innovation and quality of service.

Wafacash continues to implement its ORBITE 2020 plan. The aim of this plan is to secure Wafacash's growth drivers, accelerate the diversification of its business, identify new sources of growth, position Wafacash on long-term developments and accelerate the development of its activities in Sub-Saharan Africa. ORBITE 2020 enables Wafacash to strengthen its core activities. One of the main focuses of the plan is to boost the availability of the Hissab Bikhir service, providing banking to low-income banking populations.

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