The application aims to facilitate money transfer in Morocco and push the country further towards its digital transformation objectives
Rabat – Moroccan telecommunications company Maroc Telecom (IAM) launched today, June 1, its first mobile money transfer application, “MT Cash,” available for download to all Moroccan citizens and residents.
The application offers several financial services, similar to the services provided by bank applications, and allows users to benefit from them “in all security and simplicity” through their mobile phones, IAM said in a press release.
By downloading the application, clients can pay for their purchases and bills, top-up their mobile credit, and transfer money anywhere in Morocco without having to travel anywhere, the statement added.
Users can add credit to their MT Cash account through accredited agencies across the country. They can also withdraw money from their account from the same agencies, IAM continued.
“The solution is rich in functionalities and easy to use,” the press release said, explaining that the application is available for all users, and not only IAM clients.
Users need only to download the application and create an MT Cash account before benefiting from the offered services, IAM added.
In celebration of the application’s launch, MT Cash offers free-of-charge money transfer and withdrawal services until July 31, the press release concluded.