Saham Payments acquires part of CMI's merchant portfolio

This development aligns with the goal of increasing competition among Payment Institutions (EDPs) in Morocco, promoting a diversification of offerings and stimulating innovation for local merchants. Saham Payments is fully committed to this dynamic. The ongoing acquisition of part of CMI's merchant portfolio marks a key milestone in Saham Payments' growth strategy. This initiative will facilitate the rapid deployment of modern, simple solutions tailored to meet the needs of various market segments in card payment services. Saham Payments offers integrated solutions that combine personalized support with innovative payment technologies. This approach aims to enhance the commercial activities of its clients and simplify the daily management of their electronic payments, whether through Electronic Payment Terminals or e-commerce. Through this operation, Saham Payments reaffirms its commitment to actively participate in the transformation of the payment sector in Morocco, placing service quality, proximity, and innovation at the core of its mission. "The evolution of the electronic acceptance market opens a new era for payment solutions in Morocco. The acquisition of part of CMI's commercial contracts provides us with the opportunity to support this transition with a value-added approach for our merchants, based on innovation and transparency," stated Mohamed EL MORABIT, General Director of Saham Payments.