Just operational, Saham Bank is already making its mark by announcing the launch of Saham Paiements, a subsidiary dedicated to electronic payment solutions. A notable entry into a strategic segment that does not leave indifferent the giants of the sector – Attijariwafa Bank, BOA, BCP – between displayed condescension and assumed vigilance.
In a Morocco where the adoption of electronic payments is accelerating, Saham Bank aims to establish itself as a disruptive player. Through Saham Paiements, the bank aims to modernize cash collection practices, especially for local merchants, independents, and multi-site brands.
“With Saham Paiements, our ambition is clear: to make electronic cash collections a smooth, secure, and efficient reality for all merchants,” declares Asmae Hajjami, General Manager of Saham Bank.
The subsidiary offers a complete range including state-of-the-art POS terminals (fixed, portable, e-commerce), contactless mobile payment solutions (NFC), and on-site support: installation, training, technical assistance. A model designed as a global partnership, according to Mohamed El Morabit, General Manager of Saham Paiements: “Robust technology, local service, and reliability. Everything is designed to allow each merchant to transition to the digital age without friction.”
Beyond simply providing tools, Saham Paiements positions itself as a lever for the digital transformation of Moroccan commerce, in a market undergoing significant changes, which could soon surpass the threshold of 100 million annual transactions in retail.
With this initiative, Saham Bank asserts its desire to play a structuring role in the digital banking ecosystem, despite its late entry into the market. The former Société Générale Marocaine de Banques (SGMB), founded in 1913, embraces its heritage while accelerating its strategic repositioning around innovation and service.
One thing is certain: the payment landscape in Morocco now includes a new player with ambitious goals.
