Payment: Maymouna Financial Services, a payment institution approved by Bank Al-Maghrib since 2018, is launching May Cash, its new local network dedicated to financial and para-financial services in Morocco.
It thus provides a concrete response to the need of citizens, looking for more accessible financial services, particularly in areas where the offer is still limited, with simple and quick routes. “With May Cash, we want to bring financial services closer to citizens’ daily lives and offer new perspectives to local entrepreneurs. Our ambition is to build a reliable, accessible and structured local network, capable of supporting the real uses of the Moroccan market and contributing to the development of financial inclusion,” indicates Ahmed Chafak, general manager of Maymouna Financial Services.
For partners, May Cash offers an encouraging model designed to facilitate business start-ups and accelerate its development. In addition to exceptional conditions including free brand pack and commission exemption, franchisees benefit from support in business creation procedures and administrative procedures, professional training, operational support as well as a secure IT system. Note that for its first year, the brand aims to deploy nearly 1,300 operational points and achieve a 4% market share, then 15% by 2030.
