Regulatory Setup
Zazu operates as a Principal Agent under the payment license of our partner Chari Money.
This means Zazu is regulated and approved by Bank Al-Maghrib.
Safeguarding of Customer Funds
All customer funds are safeguarded and held in segregated accounts at Bank of Africa (BMCE).
Your money is therefore held under the same safeguards required for regulated payment institutions.
Compliance & Operational Framework
To operate under Chari Money’s license, Zazu follows strict compliance and operational guidelines, including:
KYB/KYC verification standards
regulatory reporting requirements
PCI and card-related security standards (where applicable)
We also maintain direct communication with the Bank Al-Maghrib to ensure we remain fully aligned.