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Cash Plus now offers its customers the possibility of opening a payment account via branch or mobile, quickly and securely.
The account is free, without the possibility of overdrafting, and allows you to receive transfers, carry out transactions, buy a top-up, pay an invoice … at a branch or on the Cash Plus Mobile Wallet mobile application.
Moreover, the Cash Plus Mobile application has an M-Wallet which is linked to the Cash Plus account, the application ensures its management in a simple and fast way. Thanks to this application, customers can carry out all transfer or payment transactions 24/7 without going to a branch.
In addition to the application, Cash Plus offers its multifunction card, rechargeable from the Cash Plus payment account. Thus, customers can make the various payments at physical merchants or e-merchants, withdrawals from Cash Plus branches or from ATMs of all banks in Morocco. In addition, the card can be instantly collected from Cash Plus branches.
It should be noted that the Cash Plus account offers 3 levels:
● A level 1 account: account capped at 200 MAD.
● A level 2 account: account capped at 5,000 MAD.
● A level 3 account: account capped at 20,000 MAD.
The opening of the 1st level account can be done in branch or via mobile application. Accounts capped at 5,000 MAD and 20,000 MAD are only opened in branches.
As a reminder, Cash Plus has obtained approval from Bank Al Maghrib for the exercise of payment establishment activities, namely the opening of payment accounts and the issuance of means of payment backed by these accounts.
This project is part of the national strategy for financial inclusion and generalization of payment solutions, initiated by Bank Al-Maghrib and the National Telecommunications Regulatory Agency (ANRT).
