BankilyMauritania’s dominant mobile wallet, run by a bank rather than a telecom operator, the reverse of the classic West African model. In a country where about 30% of people have a bank account, it is the main formal retail payment instrument.Banque Populaire de MauritanieMore than 1 million app downloads in 2024, making it the country’s most downloaded banking app that year (Mauritanian business press, 2024)
Global registry · Africa & Middle East · West Africa
Mauritania Payment systems
4 systems listed.
This country doesn’t have a written market analysis yet: e-commerce shares, regulator, and key players are still to be documented. The systems below, however, are verified.
IBAN · Mauritania
27 characters21 BIC codes
- Total length
- 27 characters
- Bank code position
- 5–9
- Branch code position
- 10–14
- BBAN structure
5!n5!n11!n2!n
Structurally valid example
MRcountry code13check digits00020bank00101branch0000123456753account
MR13 0002 0001 0100 0012 3456 753
Learn about this market. The guides and courses that cover it.
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Wallets
MasrviMauritanian bank-run mobile wallet: cash-in and cash-out, transfers, merchant payments, and airtime top-ups. The second player in the Bankily/Masrvi/Sedad trio that dominates retail payments in the country.Banque Mauritanienne pour le Commerce International
SedadE-wallet for opening and managing a bank account from a phone, with wallet-to-wallet transfers and standing orders. It rounds out Bankily and Masrvi in a market where each major bank launched its own wallet rather than wait for shared infrastructure.BMCI (Mauritanian commercial bank; ⚠️ in Mauritania, BMCI refers to a different institution from Morocco’s BMCI, a frequent source of confusion)
Acquiring and processing
GIMTEL (Groupement Interbancaire de Monétique et des Transactions Électroniques)Mauritania’s card payments consortium: the national card switch and, more recently, a mobile switch that makes the country’s bank wallets interoperable. It is what stops Bankily, Masrvi, and Sedad from being silos, and the mandatory entry point for any foreign acquirer.GIMTEL (economic interest grouping formed under the auspices of the Banque Centrale de Mauritanie (the central bank), bringing together 17 banks and Mauripost)17 member banks and Mauripost (GIMTEL, accessed 2026)