Bank of Africa (BOA) is taking a new step in its strategy of digitizing banking services. The billionaire Othman Benjelloun’s bank has just entered into a partnership with the Spanish Vectalia to generalize the payment mobile in public transport in the cities of Safi and Nador, where the company provides 55,000 trips per day. A solution that now offers millions of travelers an alternative to cash payment, commonplace in public transport in the kingdom.
As long as they have a smartphone and a Moroccan mobile wallet (M-wallet), users can, in a few clicks, via the bank’s application DabaPay, buy their ticket or pay for their subscription directly on the bus or at a physical Vectalia point of sale. Developed in 2018 by Eurafric Information, a subsidiary of BOA, this application is the first Moroccan mobile payment solution to enter public transport. Until then, DabaPay was used for money transfer transactions and the payment of current telephone and water bills. or of electricity.
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