Morocco boosts contactless transaction limit by 100%

Morocco’s bank-owned payment acquirer, Centre Monétique Interbancaire (CMI), has raised the contactless transaction limit in the country from 200 to 400 dirhams (US$40) in response to the coronavirus crisis. Since the start of the pandemic, 49 countries have now announced or brought forward a rise in the maximum amount of a contactless payment transaction before […]

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