Mastercard partners with Moroccan fintech NAPs to boost financial inclusion

Mastercard has partnered with Moroccan fintech NAPs to develop new payment solutions.

The Casablanca-based company was the first Moroccan firm given a non-bank institution license in 2012 by the Central Bank of Morocco to provide and process electronic payment instruments.

NAPs, which is a division of M2M Group, offers services such as cards and payment products as well as account management, money transfer, reconciliation, settlement, and dispute resolution. M2M Group provides several biometrics-based solutions, including the MX ID an electronic …

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