The new, exclusive service is designed to enable Moroccan merchants to withdraw funds from their PayPal accounts to an Attijariwafa bank account, in Moroccan Dirham and other currencies.
Apart from boosting e-commerce opportunities in Morocco, the service is also expected to offer PayPal merchants speedier and easier access to their PayPal funds.
PayPal MENA and Turkey managing director Kivanc Onan said: "We expect the introduction of this feature to significantly empower e-commerce in Morocco.
"One of the biggest challenges facing any online business is access to payments, and we believe PayPal’s relationship with Attijariwafa bank is a huge step forward in tackling the challenge by empowering existing e-merchants and even allowing start-ups and businesses to set up shop online easily."
Attijariwafa bank chief executive officer Mohamed El Kettani said: "One of our strategic objectives at Attijariwafa bank is to enable the growth of international e-commerce and support small and large enterprises in accessing foreign markets.
"Our relationship with PayPal empowers local merchants and start-ups by providing regulatory and safe access to their funds."
The withdrawal feature would offer merchants more control over their cash flow, which is especially significant for small businesses and start-ups that need access to their funds.
Morocco is currently experiencing an incredible growth of e-commerce, with an increasing number of websites offering products for foreign consumers.
