Viamericas, a US-based money transfer company, has expanded its payment network to Morocco and Ethiopia, providing more options for recipients in both markets. In Morocco, customers can now receive funds through cash pickup and mobile wallet services. This expansion is part of the company's broader cross-border strategy to serve families with reliable and flexible ways to send and receive money.
The expansion comes as remittances play a growing role in Morocco's economy. According to the Office des Changes, transfers from Moroccans living abroad reached MAD 89.215 billion ($8.92 billion) at the end of August 2026, up 9% year-on-year. This upward trend follows a strong 2025, with remittances from the diaspora topping MAD 122 billion ($12.2 billion), compared with MAD 118.9 billion ($11.89 billion) in 2024.
Viamericas' entry into Morocco adds mobile wallet payouts to the cash channels already available to recipients in the kingdom. This points to a gradual move toward digital collection. The company's network spans thousands of agent locations in the United States, allowing individuals to send money to over 285,000 locations across 95 countries.
The company, founded in 1999 and headquartered in Coral Gables, Florida, operates in Mexico, Colombia, and the Philippines, with a West Coast office in Los Angeles. Viamericas' CEO and co-founder, Paul Dwyer, stated that the expansion aims to provide families with reliable and flexible ways to send and receive money, keeping pace with growing demand for such transfers.
Remittances remain a steady source of foreign currency and household income for Morocco. The Office des Changes reports that remittances have been increasing, with a 2.6% rise in 2025. Viamericas' expansion is expected to contribute to this growth, offering more options for recipients and senders.
In Ethiopia, Viamericas' expanded network covers bank deposits and cash pickup. The options vary by destination country, giving families more ways to access money sent from abroad. This expansion aligns with Viamericas' goal of providing secure and reliable services to its customers.
With this expansion, Viamericas continues to build on its presence in Africa and the Middle East. The company's growth in Morocco and Ethiopia reflects the increasing demand for cross-border money transfers and its commitment to serving families with reliable services.
Key points
- Viamericas expands its remittance network to Morocco, offering cash pickup and mobile wallet services.
- Remittances from Moroccans living abroad reached MAD 89.215 billion ($8.92 billion) at the end of August 2026.
- Viamericas operates in 95 countries, with over 285,000 locations for money transfers.
