CMI partners with Wallyt to launch Alipay in Morocco
Wallyt, the Hong Kong based mobile payment service provider, announced a partnership with Center Monétique Interbancaire (CMI) and it's local partner AfricaPass to offer Chinese mobile wallet solutions featuring Alipay to merchants in Morocco. This solution will allow Moroccan merchants to increase their turnover with Chinese tourists by offering them a payment method which they are already familiar.
Between 2015 and 2017, the number of Chinese tourists visiting Morocco has multiplied by 12 to 120,000. According to the Ministry of Tourism, 500,000 Chinese tourists will visit Morocco in 2021. In addition, the Chinese tourists spent an average of MAD 2900, 65% more than the other tourists of Morocco. The payment methods accepted by local merchants play a important role to attract Chinese tourists.
Through the partnership with Wallyt, CMI -- the largest payment card association brands of Morocco, can roll out the Alipay acceptance and support the Moroccan merchants to boost Chinese tourism. Now, the deployment of payment terminals is underway in Casablanca, Rabat and Marrakesh and many others cities. Alipay users soon will enjoy convenient mobile transactions at over 21,000 merchants across supermarkets, malls, hotels, and tourist attractions.
As a leading FinTech service provider, Wallyt is now serving more than 200 banks and financial institution in over 48 countries and areas. Wallyt's aggregated mobile payments solution has integrated the two Chinese mobile wallet Alipay, WeChat Pay, and many international payment methods, makes it easy for merchants to accept the payment form the tourists and increase the opportunity for such businesses to reach more shoppers and build a new, loyal customer base.
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Wallyt is one of the most promising Hong Kong based FinTech companies dedicated to providing mobile payment solutions. Driven by the passion to reshape the digital payment and empower the worldwide payment ecosystem. Wallyt now serves more than 30 million merchants in over 50 countries and areas.
About CMI
Founded in 2004, Center Monétique Interbancaire (CMI) is the leading acquirer and largest payment card association brands of Morocco with over 55,000 equipped merchants.
Thanks to its expertise and its mastery of advanced technologies, the CMI handled and manage more than 68 million payment transactions of electronic money exchanges between individuals, merchants, e-merchants, banking institutions and governments with in 2018. Through customized solutions adapted to the specificities of each activity, the cashing of customer payments and B-to-B transactions are optimized for a simplified organization.
About AfricaPass
AfricaPass is a Moroccan company, based in Casablanca, specialized in the implemented marketing solutions for the promotion of Chinese tourism in Morocco. AfricaPass deploys marketing solutions in partnership with EuroPass based in Paris using its vast experience in the European market.
About EuroPass
Founded in 2015, EuroPass is a digital service solutions company focus in Chinese tourism. It provides solutions for acceptance mobile payments form Alipay and WeChat Pay at more than 190,000 points of sale in ten countries in Europe.
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