Economy

CIH Bank Supports the Launch of Samsung Wallet in Morocco

Moroccan Digital Payment Market Welcomes Samsung Wallet

The Moroccan digital payment landscape is set to benefit from a new solution with the launch of Samsung Wallet. CIH BANK is among the key partners of this initiative spearheaded by Samsung Electronics Maghreb Arab, alongside international networks Mastercard and Visa. Unveiled on November 3, 2026, in Casablanca, this digital wallet enables compatible Galaxy device users to make payments directly from their smartphones or smartwatches.

Through this partnership, CIH BANK is contributing to the integration of banking payment solutions into Samsung’s digital ecosystem, facilitating a shift in consumer habits towards simpler, cashless transactions.

Contactless Payments Directly from Galaxy Devices

Samsung Wallet operates by allowing users to register eligible bank cards within the app. Once registered, users can complete their purchases at merchants equipped with compatible contactless payment terminals, without the need to physically present their cards.

This solution integrates banking services with the connectivity features of Samsung devices. CIH BANK’s collaboration with Mastercard and Visa connects eligible cards to this innovative mobile payment experience in the Moroccan market.

Security at the Heart of Transactions

Data protection is a fundamental aspect of Samsung Wallet. The solution leverages Samsung Knox, the embedded security technology in compatible Galaxy devices, as well as authentication mechanisms designed to safeguard personal information and secure transactions.

During the service presentation in Casablanca, Hongseok Lee, President of Samsung Electronics Maghreb Arab, emphasized the group’s ambition to simplify everyday payments through its connected devices. He also commended the contributions of partners involved in launching this solution in Morocco.

A Multifunctional Digital Wallet

Beyond banking transactions, Samsung Wallet offers several features aimed at centralizing various everyday services. The app can accommodate boarding passes, loyalty cards, and coupons.

Additionally, it supports digital keys for certain compatible vehicle models, further enhancing the integration of personal services within the Galaxy ecosystem.

For CIH BANK, this collaboration primarily focuses on integrating bank cards into this digital interface and expanding the payment options available to its customers.

Gradual Rollout in Morocco

Access to Samsung Wallet will be rolled out gradually to users of compatible Galaxy devices and eligible bank cards issued by partner institutions. Users will be able to download the application from the platforms specified by Samsung and check activation conditions, as well as service availability on the manufacturer’s official website.

With this initiative, CIH BANK, Mastercard, and Visa are paving the way for a new contactless payment solution in Morocco. This launch illustrates the evolution of digital financial services and the commitment of banking and technology players to provide integrated payment solutions that cater to mobile usage.

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