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Digital payments take flight in Morocco

July 24, 2019 • North Africa, Retail

Digital payments take flight in Morocco

Wirecard is now handling payments for online and travel agency bookings.

Wirecard, a digital financial technology company, has announced that it is now handling payments for online and travel agency bookings for Royal Air Maroc, Morocco’s national airline.

According to Wirecard, Royal Air Maroc is set to join the Oneworld alliance in mid-2020 and has annual passenger figures of 7.4 million with an average of 245 daily departures. In 2018, Royal Air Maroc and its subsidiaries generated revenues of over $1.6 billion.

In addition to processing all online Visa, Mastercard and Maestro payments for Royal Air Maroc, Wirecard will also handle credit card payments made via a travel agency or airline agent ticket transaction settlement systems.

“We serve more than 90 destinations internationally and welcome passengers from around the globe on our flights,” says Yassine Berrada, CFO at Royal Air Maroc. 

“To reflect our global presence and reach, we are constantly broadening the scope of our service offerings, which includes ensuring a convenient and easy payment experience no matter how our passengers choose to book flights with us. We are delighted to be cooperating with Wirecard in the area of digital payments.”

“The large part of air travel bookings are now paid for online and this trend is set to grow exponentially as payments become more digital. In 2018 alone, air travel booked over the Internet generated a revenue of over EUR 360 million worldwide,” says Eckart Reiche, Vice President Global of Airline Sales at Wirecard.

“Not only is Morocco a top tourist destination, Casablanca, as the major hub for Royal Air Maroc, connects flights to North and South America, Europe, Africa, the Middle East, and in the near future, Asia. We are proud to leverage our expertise in global digital payments for Royal Air Maroc, and add another national airline to our already extensive client portfolio.”

Edited by Jenna Cook

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