Here are details of what you need to know about Palm Pay, PalmPay is digital wallet with account opening, money transfer and bills. It is better than Opay and here’s why.

What you need to know about Palm Pay

On PalmPay, you can send money to both Platform users and non-PalmPay users, you can receive funds from any bank account in Nigeria and you can also withdraw your earnings to your bank account.

Is PalmPay for Nigeria only?

PalmPay is a leading Pan-African digital wallet operating in Nigeria, Ghana and many African countries. It is a company, duly licensed under the Central Bank of Nigeria (the “CBN”) Mobile payment regulatory authorization to provide Mobile Money Services including mobile payment services to both the banked and the unbanked; and to drive financial inclusion in Nigeria, The platform service is available in Nigeria and Ghana.

Does PalmPay need BVN?

All you need is your BVN and the phone number you have registered on your BVN.

What is PalmPay Limit?

Once you upgrade to Tier 2, your daily transaction limit will be increased to N200,000 and your maximum wallet balance will be increased to N500,000. This means that you can do more with it every day.

Can PalmPay receive payment from abroad?

PalmPay has only been licensed by CBN to operate in Nigeria as Mobile Money Operator. It is yet to be licensed to carry out International Money Transfer services.

Is Palm Pay Trusted?

And you can be assured of the reliability of our platform – 99% of our customers have voted us as the most reliable payment platform in Nigeria. . Goodbye charges, hello rewards! With it you save on fees and earn as you spend through discounts and cashback. Get the app now and make your money go further.

What is PalmPay disadvantage?

Palmpay customer service is one of the worst I have ever encountered. If money is debited from your account over a failed transaction, it is better you forget and let it go, or the money and time you’ll waste contacting the customer care may end up equating to what was debited from your account.

PalmPay and Opay which is the best?

PalmPay has better solution than Opay due to: Faster in transfer and Higher success rate of payment. It also has a larger merchant network and supports more valued-added payment services.