When it comes to the best, most reliable, fast, and most secure app to use in sending and receiving Palmpay tends to be the best of its kind in the area of digital financial institutions in Nigeria and Africa in general.
Meanwhile, in this article, we will be taking you through
Palmpay – Company Overview
This is a digital financial institution platform that is easy to use for sending and receiving money, and payment of utility bills, and you will be rewarded for doing so.
Palmpay is a very simple and secure platform for sending and receiving cash between friends and family members. As you buy airtime and pay utility bills, you will earn some rewards like palmprint.
Palmpay Transaction Rewards
Just as mentioned earlier, as you use Palmpay to run your transactions, you will be rewarded for using the platform to complete each successful transaction.
Below are some of the transactions you can complete using your Palmpay account and then earn some goodies.
Top-up Bonus – whenever you top up will be rewarded with a 10% discount on each airtime top-up you make using your Palmpay account. The best is recharging your line with 1000 naira because it accounts for you earning a tangible discount of 100 naira which is enough for you in making a call.
Bill Payment Bonus – for each and every bill you pay using your Palmpay account you will be rewarded with a 5% discount. You can pay bills like electricity, cable etc. using your Palmpay account and then earn 5% of the sum you pay.
Imagine if you are to recharge or pay your electricity bill with 10,000 naira and after the payment you are given 5% off, wow, that will be great.
Invite and earn – if you invite your friend or relatives to register an account on the platform using your referral link, you will be rewarded with the sum of 100 naira.
On the other hand, your friend or relative will be as well rewarded for registering on the platform with your link and completing the registration process using the necessary information required by the platform.
Having known all these, let us now look into the various things you can use the platform to do and how it will be of help to you.
Common Features & Services of Palmpay
Airtime Purchase Services – you can use this service in purchasing airtime or paying for a data subscription regardless of the network service provider you are you want. Being it MTN, GLO, AIRTEL OR 9mobile.
Paying of Bills – payment of bills is common and most of the time complicated in some other financial institutions. But in the case of Palmpay, the company built a friendly interface that makes it easier for the users to understand what they are doing.
Sending and Receiving of Money (Mobile transfer) – you can use the Palmpay to send and receive money from your friends, relatives and otherwise.
Shopping – the platform contains a page where you can purchase various kinds of commodities at affordable prices. In this aspect, you can use your Palmpoint and some money to purchase goods.
Affiliate Opportunity – you can as well use the platform as an opportunity of making income. Thanks to the referral program, here you can refer your friends, relatives and otherwise to register on Palmpay using your referral link.
For each successful registration, you will earn a minimum of 200 naira and above depending on your level. To increase your earnings, you have to complete your KYC verification and stand a chance to gain something huge from the Palmpay which we will be discussing in the next subheading.
Palmpay products
Palmpay POS Machine – Every successful business must have a product. Unlike other financial institutions, the Company has started issuing its Point Of Sale machine (POS).
Meanwhile, the POS machine is not given to everybody with ease. You will have to meet some specific demands and criteria from the company.
Making enough transactions, and other financial-related services using your Palmpay account. This account speaks more of your seriousness and how qualified you are in getting the POS machine.
Palmpay OK CARD – the Palmpay Ok Card can be used for the withdrawal of funds from your Palmpay account from any Bank here in Nigeria. The card works typically like an ATM/debit card.
Palmpay Mobile App Downloads for Apple and iOS (Android)
You can download and use the app to fully enjoy more features and rewards from the platform. The App contains numerous features you can use for quick and easy transactions. For the best quality services, we recommend using the app for it equally contains a user-friendly interface.
However, to download the app, follow the methods below:
- Go to the google play store or apple store
- On the search bar, type Palmpay
- Let it loads and bring the result,
- Then click or tap on the install button
- Finally, allow the app to successfully download on your mobile phone, that’s it.
How to register for an Account on Palmpay
- Install the app on the google play store and launch the app.
- Click on Login/Sign up and then the Sign-Up button
- Choose your country code and enter your phone number.
- Put in your referral code (optional) if there is none click or tap on continue.
- Click the agree button.
- Enter the verification code sent to your phone number and submit.
- And that’s all. Now, follow the instructions given to set up your palmpay
How to login to your Palmpay Account
- Launch the palmpay app
- Click on login
- Enter your mobile number
- Now provide your 4-digit code that’s all
If you forgot your code click on the forgot password button to get a code from palmpay and log in to your account.
How to Fund Palmpay Account Using USSD Code
To fund your account using the USSD code is the easiest and simplest method, pay attention and get the steps involve.
- On your mobile device
- Enter your bank USSD code,
- Select transfer,
- Now select transfer from account to the wallet
- Then key in the amount you want to fund
- Now enter the mobile number you used in creating your palmpay account (that’s your palmpay account number keep it private),
- Then input your transaction code and complete the transaction.
It usually takes less than a minute for the money to reflect in your palmpay account. But if after 5 hours the money did not reflect please contact your bank as well as the palmpay customer care.
