Our story is in our past and our future will be our story

A subsidiary of the Attijariwafa Banking Group created in 1991, Wafacash has acquired over the past 25 years an expertise in cash management that positions it as a leader on the international transfer market.

Years of outstanding achievements and many continuous efforts to support its customers in their future projects on a daily basis.

  • The first electronic payment centre is launched on the domestic market

    The first electronic payment centre is launched on the domestic market

    In 1991, the former Wafabank created the Kingdom's first electronic banking centre under the name ‘Wafa Monétique’, now Wafacash. At the time, its main mission was to manage the issue and acceptance of bank cards issued by Visa and Mastercard.

     

    In 1997, Wafacash launched, for the first time in Morocco, the first Visa Electron card and popularized the use of the bank card.

     

  • Western Union arrives in Morocco

    Western Union arrives in Morocco

    In 1995, Wafacash became the first company in Morocco to offer a fast money transfer solution through its partnership with Western Union, the world leader in instant international transfers. Anyone, whether or not they have a bank account, can receive funds from more than 200 countries within a few minutes. The signing of this partnership is the gateway to a journey through history, rich in innovative and valueadded money transfer solutions, and in challenges and success. As its first Maghreb partner, Wafacash is also one of the first African countries to sign with Western Union.

  • Wafacash diversifies its product range with ‘Cash Express’ and ‘In-branch Foreign Exchange Service’.

    Wafacash diversifies its product range with ‘Cash Express’ and ‘In-branch Foreign Exchange Service’.

    In 2001, Wafacash launched two new services to meet the needs of its customers:
    Cash Express, a fast domestic money transfer service that allows you to send and receive funds instantly and efficiently across the country.In-branch Foreign Exchange Service for exchanging funds into Dirhams and vice versa.

     

  • Emergence of the Wafacash brand

    Emergence of the Wafacash brand

    In 2003 Wafa Monétique changed its name to Wafacash.

    In 2006 Wafacash revamped its logo and visual identity as part of the Attijariwafa Banking Group; a new signature that consolidates the Wafacash brand.

    The main competitive advantage is based on the quality of service, provided by our competent staff and through our daily service. It reflects the new philosophy of convenience in the money and cash business.

  • Wafacash and Wafasalaf, an alliance with real clout

    Wafacash and Wafasalaf, an alliance with real clout

    In 2006, Wafacash and Wafasalaf formed a partnership for the marketing and distribution of the ‘Salafcash’ product, a credit facility granted by Wafasalaf, initiated and distributed in cash through the Wafacash network.

  • Wafacash launches the Floussy Card

    Wafacash launches the Floussy Card

    In 2008, Wafacash diversified and made available to its customers the ‘Floussy’ prepaid card, a real electronic wallet, not backed by a bank account, which offers a wide range of cards to match customer needs and expectations.

  • Hissab Bikhir, a new banking alternative is formed.

    Hissab Bikhir, a new banking alternative is formed.

    In 2009, the Attijariwafabank Group marketed, a first in Morocco, ‘Hissab Bikhir’ through the Wafacash network, a unique banking service in Morocco for customers without access to formal banking services, who now benefit from multiple banking advantages and solutions.

  • A partnership with MoneyGram, the world's second largest international money transfer operator

    A partnership with MoneyGram, the world's second largest international money transfer operator

    In 2010, Wafacash boosted its position in the international money transfer segment by offering its customers a new, secure, fast and accessible way for international money transfer transactions. Its partnership with the world leader Moneygram allows Wafacash to now offer its customers a new secure, fast and accessible way to receive international money transfers.

  • Wafacash celebrates its 20th anniversary.

    Wafacash celebrates its 20th anniversary.

    In January 2011, Wafacash celebrated its 20th anniversary, celebrating 20 years of success in serving its customers and 20 years of sharing with its employees.

    To mark the event, Wafacash launched a communication campaign focused on its core values, which make the brand a success story for the Attijariwafa Banking Group: Proximity, Availability, Speed, Security and Convenience.

    Wafacash also launched the ‘Allo Cash’ product, a fully secure money transfer service for distributing money transfers issued from partner mobile platforms.

  • Wafacash, always in search of new partners

    Wafacash, always in search of new partners

    New alliances in 2012:

    With international money transfer operators:

    RIA: Large international money transfer operator.
    Santander Envios, a subsidiary of the largest Spanish bank, Banco Santander.

    With e-commerce sites and telephone operators for cash payment via the PayCash service.

    ‘Superdeal’: A company specialising in promoting events and services on the Internet, at promotional rates, called ‘Deal’.
    ‘Wafasalaf’: An application through which Wafasalaf customers pay their bills or prepay their loans by cash at the Wafacash branch of their choice. A convenient service for customers by offering them immediate and secure cash payment.
    ‘Inwi’: The Inwi phone recharging service, a simple and reliable system, is now available in Wafacash branches.
  • A new partner and a new alliance with ‘binga.ma’

    A new partner and a new alliance with ‘binga.ma’

    In 2013, an alliance with ‘binga.ma’ the first Internet Cash Payment System in Morocco. It is a simple and secure process for all types of payments: purchases of goods and services, payment of invoices and fees, etc...

    This is an alternative bill payment and service purchase solution for people who do not want to, or cannot, use their bank cards because of concerns about electronic payment, card cap limits or simply a preference for cash payment.

    2013 was also marked by the launch of ‘Sigue’, a new international cash-to-cash money transfer partner.

    Wafacash continues to develop its partnerships by now offering its PayCash service to the automotive credit company, RCI Finance Maroc. RCI customers will have the opportunity to settle their outstanding payments in cash across the entire Wafacash network.

  • NEW PARTNERSHIP WITH ROYAL AIR MAROC

    NEW PARTNERSHIP WITH ROYAL AIR MAROC

    In October 2014, the ticket payment service sold through the Royal Air Maroc website was launched at the Wafacash network.

  • New partnership with the Al Amana microcredit association

    New partnership with the Al Amana microcredit association

    The partnership with Al Amana, the leading micro-credit association in Morocco, now serves the largest number of beneficiaries possible. Al Amana is a significant player in the economic and social development of Morocco through its efforts to boost financial inclusion.

    The main objective of this launch is to approach a target common to both Al Amana Wafacash target, the economically weak and disadvantaged population who cannot access the traditional banking system, by introducing them to the Hissab Bikhir banking alternative and offering them small loans to develop their income-generating activity.

    As part of the Pay Cash/Binga product, Wafacash, always looking to innovate, signed a new partnership agreement with Royal Air Maroc for the payment of airline tickets sold via its website www.royalairmaroc.com.

  • New partnership with Azimo, the leader in international money transfers.

    New partnership with Azimo, the leader in international money transfers.

    In 2015, and as part of the Allo Cash product, Wafacash launched a new partnership with AZIMO, one of the leaders in international online and mobile money transfers.

    Azimo is aimed at Moroccans Residing Abroad (MRE) who send transfers to Morocco and more particularly customers using mobile and web platforms.

    Wafacash is also launching cash payment for the payment of services offered by ‘le matin’ via their website www.lematin.ma with its PayCash product.

    Wafacash signs a new partnership agreement with the Directorate General of Taxes for the cash payment of the Annual Special Tax on Motor Vehicles sticker (TSAVA = Taxe spéciale annuelle sur les véhicules automobiles). Payments may be made at any Wafacash branch or by bankcard at the website www.payvignette.ma.

    As part of diversifying the PayCash product with its partner Binga, Wafacash is launching with Meditel the cash payment of E-shop and E-bill orders placed on the website www.meditel.ma.

    A new partnership was also signed with the TGR (General Treasury of the Kingdom) for the cash payments of: Transactional and fixed price fines, Housing Tax, Municipal Services Tax and the Professional Tax.

  • NEW PARTNERSHIP WITH THE TGR

    NEW PARTNERSHIP WITH THE TGR

    As part of the Pay Cash / Binga project, Wafacash has signed a new partnership with the TGR (General Treasury of the Kingdom) for the following payments:

    • Housing tax
    • Municipal Services Tax
    • Professional tax
    • Transactional and Fixed Fines
  • Best Money Transfer Services Morocco 2016

    Best Money Transfer Services Morocco 2016

    Wafacash was awarded the ‘Best Money Transfer Services Morocco 2016’ award by CFI.co. This award rewards not only the quality of its services, but also its pioneering role in the field of money transfer. It is the first time in Morocco that a money transfer operator received this award.

  • NEW PARTNERSHIP WITH THE DGI (DIRECTION GENERALE DES IMPOTS)

    NEW PARTNERSHIP WITH THE DGI (DIRECTION GENERALE DES IMPOTS)

    As part of the Pay Cash / Binga offer, in January 2017 Wafacash signed a new partnership with the DGI (DIRECTION GENERALE DES IMPOTS), for cash payments of the following fees:

    • IR: INCOME TAX
    • IS: TAX ON COMPANIES
    • VAT: TAX ON VALUE ADDED
  • As part of the Cash to cash and Web to Cash products

    As part of the Cash to cash and Web to Cash products

    As part of the Cash to Cash and Web to Cash products, Wafacash signed a new partnership agreement with Paytop, an English financial company specializing in money transfers.

  • NEW PARTNERSHIP WITH THE TGR

    NEW PARTNERSHIP WITH THE TGR

    As part of the Pay Cash / Binga offer, Wafacash signed in July 2017 a partnership with the TGR (General Treasury of the Kingdom) for the cash collection of customs taxes.

  • Launching ‘Jibi’, the first mobile payment account

    Launching ‘Jibi’, the first mobile payment account

    Jibi was designed to offer a wide range of services, including fully secure mobile payment, such as transferring money to a third party or paying for groceries at a retail outlet. For this last professional category, Wafacash also designed Jibi pro, a professional version of payment accounts.

  • Wafacash was awarded

    Wafacash was awarded "Customer Service of the Year 2019"

    A distinction that rewards the commitment of the teams of the subsidiary of Attijariwafa bank group.

  • Wafacash was awarded

    Wafacash was awarded "Customer Service of the Year 2020"

    For the second consecutive year, Wafacash obtained the title of "Elected customer service of the year 2020" for the quality and commitment of its teams.

Our ambition

To place its customers at the heart of its strategy; to satisfy them with diverse, efficient and quality products and services.

To be a solid, modern and leading brand in its market.
To be committed to serving its customers here and elsewhere, whether or not they are bank customers, by leveraging its extensive network and supporting them over the long term.

To offer everyone innovative and quality products that exist the world over and meet everyone's needs.

Our values

Wafacash, values that we hold dear.

Wafacash is a brand that has always risen to the challenge and earned the trust of its customers and partners. This desire stems from values rooted in its culture. Wafacash's sustainable growth strategy is supported by commonly shared values: Performance, Innovation, Team spirit and Availability.

Performance

At Wafacash, a competent team of professionals is firmly committed to providing the highest quality of service that meets the needs of its customers. The company offers its employees a continuous learning system that enhances their knowledge and expertise throughout their careers.

Innovation

A technological, competitive and strategic insight allows Wafacash to anticipate its customers' needs and offer them new and innovative cashrelated products and services Our information systems anticipate new technologies and support the development of Wafacash's offers.

Team spirit

Wafacash is made up of a totally committed, dynamic and co-responsible team (each is responsible for the success of the other); it works in perfect synergy to achieve a common objective: the achievement of Wafacash's strategic ambitions.

Availability

Availability and proximity are always at the forefront with Wafacash: its wide network covering the entire country and its flexible schedules reduce distances.

Our business units

From the very beginning, Wafacash has been committed to offering its customers, whether or not they have a bank account, the opportunity to carry out all cash-related transactions and to support companies and its partners to confidently develop their future projects.

With its know-how and expertise in its field, Wafacash is expanding by entering into partnerships with the world leaders in international money transfers, including Western Union, MoneyGram, Ria, Santander, Sigue and Azimo. It has established itself as the leading brand specializing in cash businesses, particularly money transfers.

Wafacash also offers a wide range of domestic products and services such as rapid money transfer through its Cash Express platform, in-branch foreign exchange service or consumer credit distribution as well as a range of innovative services adapted to the different needs of customers:

  • ‘Floussy’: rechargeable prepaid cards.
  • ‘Hissab Bikhir’ is the first financial bank account presenting a new concept aimed at broadening access to the Moroccan banking system. This service is offered in partnership with the Attijariwafa Banking Group.
  • PayCash offers cash payments.

This range of services is available through a network of more than 1,800 branches operating in the cash business and offering flexible working hours. Some of these products and services are also offered through the Attijariwafa Bank banking network in Morocco.