E-commerce: 20.4 million transactions at 7.1 MMDH by the end of September 2022

Soukaina Sghir
Soukaina Sghir
2 Min Read
ecommerce

CMI-affiliated merchants and biller websites processed 20.4 million online payment transactions via Moroccan and foreign bank cards in the first nine months of 2022, with a total value of  7.1 billion (MMDH) reached.

These transactions are up 37.1% in number and 24.6% in value compared to the end of September 2021, according to the Interbank Electronic Banking Center (IMC) in its latest report on e-banking activity in Morocco.

According to the same source, online payment activity using Moroccan cards increased numerically from 36.2% to 19.5 million transactions and from 20.7% to 6.4 MMDH.

The Centre also reported an increase in the online payment activity of foreign cards from 61.8% to 904,000 transactions for an amount of 606.1 million dirhams (+89.8%).

The activity remains very strongly dominated by Moroccan cards with 95.6% in the number of transactions and 91.4% in amount.

At the same time, the report noted that CMI-affiliated merchants and Marchand’s recorded 108.6 million payment transactions using Moroccan and foreign bank cards at MMDH 46.5 at the end of September 2022. I’m here. in quantity.

Moroccan and foreign bank cards are used for payments in large retail stores (19.9%), hotels (12%), restaurants (9.5%), train stations (9.4%), clothing (8.3%) and health (4.4%). classified. , Furniture & Appliances (4.1%), Other Industries (32.2%).

Nour el Houda Bouzammour

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