Vantage Payment Systems (VPS), a Moroccan payment institution licensed by Bank Al-Maghrib, and Mastercard have announced a strategic collaboration to accelerate digital payment innovation and expand financial inclusion in Morocco.
The collaboration will bring advanced payment technologies to the Moroccan market, enhancing acceptance for Mastercard-branded cards across all merchant touchpoints, including e-commerce, mobile commerce, in-app payments, in-store payments and recurring billing.
VPS and Mastercard will also introduce solutions backed by robust security features, such as tokenization and support digital wallets — delivering a seamless and secure customer experience in line with international standards.
“This collaboration with Mastercard marks a significant milestone in our mission to digitally transform the payments landscape in Morocco,” said Ali Bettahi, President of VPS.
“It reflects our commitment to contributing to the evolution of Morocco’s electronic payment ecosystem, in line with the national financial inclusion strategy led by Bank Al-Maghrib,” added Mustapha Badr-Ezzaman, CEO of VPS.
“Morocco is undergoing a powerful shift toward digital commerce, and this collaboration with VPS helps accelerate that transformation. Together, we are equipping businesses—large and small—with secure, future-ready solutions that unlock growth, support financial inclusion and enable seamless participation in the digital economy.” said Mark Elliott, Division President of Mastercard Africa.
With a record 93,000+ new businesses established in 2023 in Morrocco, this strategic alliance unlocks new opportunities for Moroccan businesses, designed to help improve transaction management, enhance customer experiences and support competitiveness in an increasingly digital economy.
Licensed by Bank Al-Maghrib, VPS continues to develop solutions tailored to the needs of local businesses. Through ongoing innovation and strategic partnerships, VPS empowers merchants of all sizes to embrace digital transformation with confidence.
