Smart phone performance: The real estate and tourism loan launches the "CIH Pay" service, the first of its kind in North Africa

The bank highlighted that “the commitment to being an innovative bank and based on its position as a leading institution in the digitization of banking services, the real estate and tourism loan bank launches“ CIH ”service“ CIH Pay ”, a payment service that allows customers to use“ MasterCard ”bank cards from their smartphones.To pay for their purchases in Morocco and abroad.

The communication indicated that the "CIH Pay" service allows the signing of the bank card on the smartphone, and to perform payments, in Morocco and abroad, using a mobile phone in stores equipped with TPE devices without the need to contact.This service is activated on the CIH Mobile app.

The same source emphasized that to enhance the security of the payment process that is adopted by the "CIH Pay" service, MasterCard uses the "Tokeenization" system, which is a solution to secure electronic transactions by reducing the risks posed by the transfer of sensitive information via the Internet.Thus, no bank data is recorded or sent to the merchant.

The "CIH Pay" service, the first of its kind in Morocco and North Africa, comes to expand the payment channels established by the bank, which falls within the framework of its strategy for comprehensive channels, in order to provide immediate and safe services to customers, and to provide better use of their payment means.

The bank registered that the "CIH Pay" service is provided in principle for all customers who carry the MasterCard bank card, and they have an Android device using the NFC technology.

The communication concluded that in the context of the health crisis, CIH is more than ever committed to giving the inevitable character to banking services, especially by enhancing and encouraging performance by mobile phone in Morocco, with the diversification of performance channels.