CASHPLUS Partners with PayPal to Enable Instant Digital Withdrawals in Morocco

CASHPLUS, a leading Moroccan fintech and financial services provider, has announced a strategic partnership with global digital payments platform PayPal, introducing a faster, simpler, and fully digital solution for Moroccan users to access their PayPal funds in local currency.

Through this collaboration, PayPal users in Morocco can now instantly withdraw their balances in Moroccan Dirhams (MAD) directly via the CASHPLUS Mobile app—without the need for branch visits, paperwork, or intermediaries. This makes CASHPLUS the only provider in Morocco offering fully digital PayPal withdrawals, providing freelancers, entrepreneurs, creators, and e-commerce sellers with a seamless financial experience from their mobile phones.

“At PayPal, we believe financial services should be digital-first, accessible, and inclusive, designed for the way people live and work today,” said Otto Williams, Senior Vice President, Regional Head and General Manager for Middle East and Africa at PayPal. “Our partnership with CASHPLUS brings that vision to life in Morocco, offering users an all-in-one wallet experience that makes withdrawing PayPal earnings faster, simpler, and entirely branch-free. Whether running an online store or freelancing for global clients, users can now manage local and international finances seamlessly from a single app.”

Morocco’s digital economy is rapidly growing, with over 18 million internet users and a digital payments market expected to expand from USD $14.29 billion in 2025 to over $35 billion by 2030. The CASHPLUS-PayPal partnership is poised to play a pivotal role in advancing the country’s digital financial infrastructure.

The initiative also supports Morocco’s National Financial Inclusion Strategy, which aims to bring 75% of the adult population into the formal financial system by 2030. By allowing instant cash-outs from global platforms like PayPal without requiring a foreign bank account, the service addresses a long-standing gap for the country’s growing digital workforce.

“This partnership with PayPal marks a key milestone in our mission to democratize access to global financial services,” said Nabil Amar, President of the CASHPLUS Group. “By enabling instant, secure withdrawals in MAD, we’re empowering Morocco’s digital generation with the autonomy, speed, and simplicity they expect—all within a single app.”

The partnership reflects PayPal’s broader strategy to expand its presence across the Middle East and Africa through localized, impact-driven collaborations that connect more people to the global digital economy in a seamless and secure manner.