PalmPay
Source: PalmPay |

PalmPay is recognised by the GSMA as a key contributor to the growth of the African Mobile Money industry in State of the Industry Report

In the report, GSMA praised PalmPay as a “prominent non-MNO-led mobile money provider with a significant market share in Nigeria” and a top driver of financial inclusion in Africa’s $912 billion mobile money industry

PalmPay (www.PalmPay.com), a leading pan-African fintech, has been highlighted by the GSMA in the recently released ‘The State of the Industry Report on Mobile Money 2024’  as a key player driving the adoption of mobile money in Nigeria. In the report, GSMA praised PalmPay as a “prominent non-MNO-led mobile money provider…

PalmPay
Source: PalmPay |

PalmPay Drives Financial Inclusion with Cost-Saving Benefits for Users

Users of the PalmPay app can now enjoy unlimited free transfers to all banks in the country and also customize their savings plan to suit their preferred savings amount, duration and frequency

In its continued drive for financial inclusion across Nigerian communities, Africa-focused fintech platform PalmPay (https://www.PalmPay.com/) has unveiled two cost-saving financial products - Unlimited Free Transfer and Target Savings - for users of its app. With the new financial products, users of the PalmPay app can now enjoy unlimited free transfers to…

PalmPay
Source: PalmPay |

PalmPay Reinforces Commitment to Educate Users through Monthly Wallet Safety Workshops

PalmPay is taking its commitment to user security to the next level by integrating liveness detection and facial recognition capabilities into its transaction scenarios, particularly during withdrawals

As electronic payment platforms gain traction, the need for consumers to be conscious of their online security becomes paramount. Recent data highlights a surge in Nigerians adopting electronic platforms for day-to-day transactions. According to a recent report by the Financial Institutions Training Centre (FITC) on Fraud and Forgeries in Nigerian…

PalmPay
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    • PalmPay executives at the launch event in Lagos, PalmPay launches 20% interest savings plan (1)
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Source: PalmPay |

PalmPay Unveils New Savings Feature with up to 20% Annual Percentage Rate (APR)

PalmPay, a leading Nigerian financial platform, has unveiled its latest product - a high yield savings feature which offers its customers the opportunity to earn up to 20% annual interest rate

Flexible and fixed-term savings are now available on the PalmPay app (https://www.PalmPay.com/), enabling its customers to earn up to 20% annual interest rate; the company this week announced it has reached 25 million users on its smartphone app and signed up 800,000 businesses to its mobile money agent and merchant networks.…

PalmPay
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    • PalmPay Obtains Nigeria Data Protection Regulation (NDPR) Compliance in Data Protection
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Source: PalmPay |

PalmPay Obtains Nigeria Data Protection Regulation (NDPR) Compliance in Data Protection

The NDPR makes provisions for the rights of data subjects, the obligations of data controllers and data processors, transfer of data to a foreign territory amongst others

PalmPay (www.PalmPay.com), a fintech innovator aiming to make digital payment more accessible and flexible, has obtained a compliance status on obligations in accordance with the Nigeria Data Protection Regulation (NDPR) for implementing all statutory requirements. With the significant growth in the internet and digital economy, the use of information raises…

PalmPay
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    • PalmPay Celebrates Anniversary with N300 Million Giveaways (1)
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Source: PalmPay |

PalmPay Celebrates Anniversary with N300 Million Giveaways

The PalmPay app is an intuitive digital wallet offering users money transfers and bill payments

The 35-day Anniversary Campaign will give all participants the opportunity to share a massive N300 million cash giveaway; The announcement comes as PalmPay (www.PalmPay.com) celebrates 10 million users in Nigeria; The Anniversary Campaign will run from Monday, September 5th, to Monday, October 10th, 2022, with cash rewards and coupons available…

PalmPay
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Source: PalmPay |

PalmPay Hits 10 Million User Milestone in Nigeria

The fintech has gained significant traction with its payment’s app and nationwide agency banking network

PalmPay (https://PalmPay.com/), a fintech innovator aiming to make digital payment more accessible and flexible, announced that it has reached 10 million users in Nigeria. This represents a doubling in its user base within just six months and puts its customer numbers in the same league as major institutions only 3…

PalmPay
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    • PalmPay Launches Wallet Safe Workshop to Improve Payment Security Awareness
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Source: PalmPay |

PalmPay Launches Wallet Safe Workshop to Improve Payment Security Awareness

According to the NIBSS (Nigeria Inter-Bank Settlement System), the total number of fraud attempts in Nigeria has grown by 186% from 2019 to 2020

PalmPay (www.PalmPay.com), a fintech innovator aims to make digital payment more accessible and flexible, today announces the launch of Wallet Safe Workshop, a monthly campaign for payment security awareness training to help customers improve their overall security knowledge, and learn about how to spot and avoid e-scammers. The penetration of…