“Can Morocco's largest BCP-backed payment-agent network leverage 25 years of cash-transaction infrastructure to dominate merchant card acceptance and digital payments across Morocco and West Africa?”
Founded in 2001 as a BCP Group subsidiary and Bank Al-Maghrib licensed payment institution, M2T built Morocco's largest physical payment agent network under two brands: Chaabi Cash (money transfer) and Tasshilat (bill payment), reaching 7,000+ points of sale. Over two decades it expanded into mobile money with Chaabi Pay. In May 2025 it secured full card-acquiring status from Bank Al-Maghrib and launched CHAABI PAYMENT, pivoting from a pure cash/agent-network operator to an integrated card-acquiring and payment solutions provider for merchants across Morocco.
M2T (Maroc Telecommerce) discloses Maroc Traitement de Transactions SA (in-house) as its banking provider, according to the Embedded Finance Index 2026.
M2T (Maroc Telecommerce) does not disclose a bank charter of its own; its banking services are provided through Maroc Traitement de Transactions SA (in-house).
M2T (Maroc Telecommerce) processes payments through Chaabi Payment (self-operated).
The Embedded Finance Index 2026 maps 2 layers in M2T (Maroc Telecommerce)'s stack: Payments / PSP (Chaabi Payment (self-operated)); Banking / BaaS (Maroc Traitement de Transactions SA (in-house)).
M2T (Maroc Telecommerce) is founded in 2001 and headquartered in Espace Perla, La Colline, Lot N°22, Sidi Maarouf, Casablanca, Morocco.
Get a read on where your own stack stands against M2T (Maroc Telecommerce) and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.