Top payment methods in Morocco: A guide on best ways to pay
Wondering what the most popular ways to pay are in Morocco? Explore the top payment options and choose wisely.
Morocco, with a population of around 37.71 million people, has a GDP of approximately 165.84 billion making it the 58th largest economy in the world. The official currency of Morocco is the Moroccan Dirham (MAD)
A diversified economy with key sectors in tourism, agriculture, phosphates mining, and manufacturing (automotive, textiles). It has an advanced status with the European Union, which is its main trading partner, particularly Spain and France.
| Country | Morocco |
|---|---|
| Population | 37.71 million |
| GDP (USD) | 165.84 billion |
| Global Ranking | 58th |
| Currency | Moroccan Dirham (MAD) |
Spend abroad with the mid-market exchange rate - no markups, and no sneaky transaction fees.
What is the main payment method in Morocco?
The dominant payment method for the vast majority of all transactions in Morocco is physical cash, the Moroccan Dirham. In modern retail establishments, hotels, and restaurants, particularly in major cities, credit and debit cards are accepted. While mobile payment solutions like Inwi Money are growing, their adoption is still in the early stages compared to the prevalence of cash.
How to pay in Morocco
Each country has its own way of moving money, and choosing the right method can sometimes be difficult. That’s why we have curated the most popular and best payment options for you to use in Morocco.
| Payment Method | Description | Type |
|---|---|---|
| Wise | Wise provides international money transfer services. It is known for offering transparent, low-cost currency exchange rates and fast transfers. Wise uses the mid-market exchange rate and charges a small, upfront fee, making it a cost-effective alternative to traditional banks for sending money abroad. The platform also offers multi-currency accounts, allowing users to hold and manage money in multiple currencies. | Online/In-person |
| Cash (Moroccan Dirham) | Cash is the dominant and most trusted payment method, especially for daily purchases, in traditional souks, and outside of major cities. | In-person |
| Cards (Visa, Mastercard, CMI) | Cards are a major payment method in the modern economy, widely accepted in cities, tourist areas, and for e-commerce. The CMI is the national interbank card network. | Online/In-person |
| Bank Transfers | Bank transfers are a common method for paying for services and for B2B transactions, often done via a bank's app or website. | Online |
| Mobile Payments (m-wallets) | Mobile wallets are a growing segment, with several providers offering services for P2P transfers and merchant payments, though adoption is still developing. | Online/In-person |
Traveling beyond Morocco? Explore payment methods by country.
Is PayPal available in Morocco?
Yes, PayPal is accepted in Morocco.
Cover all your international travel expenses with the Wise Multi-Currency Card
Whatever you need to buy during your trip, whether it’s a travel adapter, train ticket or an extra bottle of sunscreen, the Wise Multi-Currency Card has you covered.
You can spend like a local in 150+ countries, as this clever contactless card automatically converts currency at the mid-market exchange rate whenever you spend - for just a small conversion fee.
And for extra convenience, you can add your Wise Multi-Currency Card to your Google Wallet or Apple Wallet. Then you can travel even lighter and pay using just your phone, with no need to pack the physical card.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.