Vantage Payment Systems (VPS), a Moroccan payment institution licensed by Bank Al-Maghrib, has announced a strategic collaboration with Mastercard to accelerate digital payment innovation and expand financial inclusion across Morocco.
This partnership aims to introduce advanced payment technologies, boosting acceptance of Mastercard-branded cards across all merchant touchpoints, including e-commerce, mobile commerce, in-app payments, in-store transactions, and recurring billing.
VPS and Mastercard will deploy secure solutions featuring tokenization and support for digital wallets, ensuring seamless and safe customer experiences aligned with international standards.
Ali Bettahi, President of VPS, remarked, “This collaboration with Mastercard marks a significant milestone in our mission to digitally transform Morocco’s payment landscape.”
Mustapha Badr-Ezzaman, CEO of VPS, added, “It reflects our commitment to advancing Morocco’s electronic payment ecosystem, supporting the national financial inclusion strategy led by Bank Al-Maghrib.”
Mark Elliott, Division President of Mastercard Africa, highlighted, “Morocco is undergoing a powerful shift toward digital commerce. Together with VPS, we are equipping businesses with secure, future-ready solutions that drive growth, financial inclusion, and participation in the digital economy.”
With over 93,000 new businesses established in Morocco in 2023, this alliance offers Moroccan merchants improved transaction management, enhanced customer experience, and strengthened competitiveness in a digital-first market.
Licensed by Bank Al-Maghrib, VPS continues innovating tailored payment solutions, empowering merchants of all sizes to confidently embrace digital transformation.
