What to Expect

ChariBaaS provides the foundational financial infrastructure for your platform: compliant, regulated payment accounts and digital wallets where your customers can hold and manage deposits, each with a dedicated Moroccan IBAN. More than a storage solution, it's a complete toolkit for managing customer funds within a regulated, compliant framework built for fintechs and financial institutions operating in Morocco. Account opening is fully digital, using just a phone number, with a built-in KYC/KYB process. Accounts are directly interoperable with Chari's nationwide CICO agent network and the full range of value-added services on the platform.

Key features:

  • Digital account opening : Fully paperless process using a phone number. Account holders get immediate access to regulated payment services, real-time balance management, and transaction history

  • Segregated accounts : Client funds are held in ring-fenced accounts, ensuring regulatory compliance and deposit security

  • Real-time balance access via APIs : Instant access to balances, transaction histories, and fund movements through robust APIs

  • Automated settlement engine : High-frequency automated settlement processes across internal and external accounts, maintaining liquidity and precision

  • Local and international readiness : Accounts support domestic transfers and future cross-border payment capabilities

  • Agent network interoperability : Accounts are connected to Chari's nationwide network of CICO points (own agents and partner networks), enabling cash-in/cash-out at neighborhood stores and kiosks

Payment Accounts & Wallets 1
Payment Accounts & Wallets 2
Payment Accounts & Wallets 3