Because our country’s products are high-quality and cheap, they are particularly popular among local people. People in Morocco are very fond of doing business with our country. Today we will talk about what are the e-commerce payment methods in Morocco?
Compared with other developing countries, Morocco's payment methods have more local characteristics. More than half of the population has a bank account, so about 74% of online transactions are paid in cash.
Although you can choose credit card payment when shopping online, most online buyers in Morocco still prefer to pay upon delivery rather than conducting online transactions in advance, which makes people feel safer and more reliable. This has also brought some business opportunities to third-party logistics providers and e-commerce sellers. They will provide cash on delivery services to local consumers on the premise of compliance and legality.
1. Why do local consumers use cash on delivery?
In order to address the growing needs of local consumers and the concerns of many sellers about cross-border trade, Morocco has introduced restrictions on cross-border e-commerce transactions: when consumers are shopping overseas, they can use credit cards for transactions and cannot pay with cash. This is to ensure that all transactions are traceable and safe. This measure is to ensure that transactions between Moroccan consumers and international sellers are 100% transparent and legal. Moreover, this policy also ensures that Moroccan consumers' legitimate rights and interests are protected when shopping in the international market.
According to market research, we found that Moroccan consumers are very fond of Alibaba Express and Amazon , and other cross-border e-commerce platforms are also very popular locally. Half of the people are more willing to pay cash on delivery, have it delivered to their doorstep, or go to the nearest pickup point to pick up their package.
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