[Morocco] WorldRemit partners with Cash Plus to enable digital money transfers
Online money transfer service WorldRemit has teamed up with Cash Plus to enable digital money transfers to +2000 cash pickup locations across Morocco - from Tangier to Lgouira.
WorldRemit saves customers time and money as they do not have to pay expensive fees at a money transfer agent to send money home.
The company offers a variety of convenient ways to send money to Morocco including bank transfer, cash pick-up and mobile airtime top-up.
The new partnership with Cash Plus considerably expands WorldRemit’s footprint in Morocco, taking its total number of cash pickup locations in the country to nearly 5,000.
Cash Plus is one of the largest payment institutions in Morocco, offering a range of convenient solutions for customers sending and receiving money, as well as paying taxes and bills.
Nearly 3 million Moroccans live abroad and the money they send home makes an important contribution to the country’s economy. The World Bank estimates that Morocco received over $7.3 billion in remittances in 2018, representing over 6% of its GDP.
AbdelJalil Rahmani, Business Development Manager for North Africa at WorldRemit, said: “We are delighted to partner with Cash Plus, one of the largest payment institutions in Morocco, to add +2000 new cash pickup locations to our network in the country.
“The new partnership connects thousands more remittance receivers living in urban and rural areas to our award-winning money transfer service. Transfers sent for cash pickup are instant and we send notifications to both senders and receivers when a transaction has been sent and delivered so there are no wasted journeys.”
Hazim Sebbata, CEO, at Cash Plus, added: “We are honored to be partnering with WorldRemit to provide seamless digital experiences to the Moroccan population and diaspora. At Cash Plus, we encourage the rise of digital and mobile technologies across the financial services industry.
“Hence, we are pleased to partner with one of the world’s fintech leaders and expand the range of digital financial services available to our existing and potential clientele”.