On the sidelines of GITEX Africa Morocco, Al Barid Bank, a key player in financial inclusion in Morocco, has announced a strategic partnership with Moroccan fintech PayTic, a pioneer in automating back-office processes related to electronic payments.
This collaboration marks a significant milestone in Al Barid Bank’s digital roadmap, aiming to streamline and automate its payment processing operations – including dispute management and regulatory reporting – while maintaining high standards of compliance and operational efficiency.
The bank will leverage PayTic’s innovative SaaS platform, which provides an integrated and automated solution aligned with international payment network standards. The move is expected to enhance performance and improve the overall customer experience.
“This partnership fully aligns with our technological innovation strategy. It reflects our commitment to more fluid and efficient management of our payment operations,” said Al Amine Nejjar, Chairman of the Management Board of Al Barid Bank.
For his part, Imad Boumahdi, CEO of PayTic, expressed pride in the collaboration: “We are honored to support Al Barid Bank in its digital transformation. This partnership reflects our shared ambition to enhance operational performance while ensuring strong compliance and traceability.”
The agreement highlights PayTic’s growing role in the digital transformation of financial institutions both in Morocco and abroad, and confirms Al Barid Bank’s ambition to modernize its internal processes for a seamless and secure customer journey.
