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PalmPay
Source: PalmPay |

Emerging Markets-Focused Fintech Platform PalmPay Unveils New Debit Card in Nigeria with Verve

The new PalmPay Debit Card brings advanced features such as savings yield on deposits and merchant rewards within reach for mass market users in Nigeria

PalmPay (www.PalmPay.com), a leading digital bank and fintech platform focused on emerging markets, has launched the PalmPay Debit Card in Nigeria in partnership with Verve, Africa’s largest domestic card scheme.  The launch of its debit card represents a key milestone in PalmPay’s evolution - from a mobile wallet known for it's…

PalmPay

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    • Managing Director, PalmPay, Chika Nwosu with Sunil Natraj, CEO, Jumia Nigeria, at the recent press conference to announce the PalmPay / Jumia partnership
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Source: PalmPay |

PalmPay and Jumia enter Strategic Partnership, Launch Integration for Shoppers in Nigeria

This partnership underscores both parties’ commitment to developing the digital payment ecosystem in Nigeria and grow the use of the cashless economy

PalmPay (www.PalmPay.com), a leading Africa-focused fintech operating Nigeria’s most used mobile wallet, and Jumia, Africa’s e-commerce giant, today announce a strategic partnership to enhance the digital payment ecosystem on the continent, starting with payment integrations and co-marketing efforts in Nigeria. This partnership underscores both parties’ commitment to developing the digital…

PalmPay

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    • PalmPay USSD Code
    • PalmPay Merchant Image_POS
    • PalmPay App Interface
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Source: PalmPay |

PalmPay Rolls Out USSD Service to Empower Users with Enhanced Financial Access and Account Security

This service offers Nigerians an additional way to manage their finances without the need for internet connectivity

PalmPay (www.PalmPay.com), a leading financial platform with over 30 million users on its smartphone app in Nigeria, today announces the launch of its USSD code. This service offers Nigerians an additional way to manage their finances without the need for internet connectivity. With the PalmPay USSD code, customers can now perform…

PalmPay

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    • PalmPay Named Among Top 250 Fintech Companies in the World by CNBC and Statista
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Source: PalmPay |

PalmPay Named Among Top 250 Fintech Companies in the World by CNBC and Statista

More than 2000 companies were evaluated globally based on general and sector-specific KPIs to determine the final selection

PalmPay (www.PalmPay.com), a leading Africa-focused fintech platform, has been included in the 2024 edition of CNBC and Statista’s prestigious list of the “Top 250 Fintech Companies in the World.” This recognition underscores PalmPay's rapid growth and significant contributions to advancing financial inclusion. The CNBC/Statista list honours fintech pioneers significantly transforming the…

PalmPay
Source: PalmPay |

PalmPay Champions Trust as Key to Africa’s Last Mile Financial Inclusion Drive

For digital payment platforms in the African FinTech space to thrive, transparency in their processes is vital

PalmPay (www.PalmPay.com), an African-focused fintech company, has emphasized the importance of building customer trust among stakeholders in the FinTech industry across Africa, saying that trust was essential to achieving last-mile access to digital financial services in underserved communities across the continent. Speaking at the 2024 RegTech Africa Conference in Lagos,…

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)
    • PalmPay executives at the launch event in Lagos, PalmPay launches 20% interest savings plan (2)
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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…

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