PalmPay review (Is PalmPay legit or scam?)

Read all about PalmPay in this PalmPay review.

If you surf the internet regularly, you must have come across PalmPay, either as an advertisement or maybe from someone promoting their referral link.

Whatever channel you must have heard about PalmPay through, you want to know more about PalmPay, and this post will help you do so.

PalmPay is a mobile payment platform designed to create a rewarding financial experience for Nigerians.

The PalmPay account allows you to control your money and make payments to friends and family, buy airtime or pay bills. They give you rewards via PalmPoints which can be redeemed or saved for later.

In this PalmPay review, I am going to be writing about PalmPay under the following sub-topics “Is PalmPay legit?”, “How does PalmPay work?”, “PalmPay registration”, “PalmPay login”, “PalmPay contact/customer details”, “PalmPay referral” and more.

Remember to leave us a comment after you finish reading and also share with your friends on social media.

Let’s get into it then…

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What is PalmPay?

PalmPay is a mobile payment platform designed to create a rewarding financial experience for Nigerians.

The PalmPay account allows you to control your money and make payments to friends and family, buy airtime or pay bills. They give you rewards via PalmPoints which can be redeemed or saved for later.

According to the PalmPay website “Our mission is to help 100m+ Africans advance their lives through access to relevant, reliable and affordable financial services within the next 3 years.

PalmPay is live in Nigeria and Ghana and will launch in other markets soon. We are building an ecosystem to provide millions of customers with the best choice and value in digital and financial services. We are creating new and unique experiences for our customers and can offer scale to our partners to reach new audiences

At PalmPay, we want to provide a financial ecosystem that is open to as many people as possible, and that’s why the only requirement to access financial services from us is that you have a smartphone.

We have exclusively partnered with TECNO Mobile, Africa’s leading mobile phone brand with over 50% market share on the continent. The PalmPay app will come pre-installed on over 20 million devices in 2020”

How to register on PalmPay

• Setting up a PalmPay app is fast and easy
• After downloading the PalmPay App from the Google Play or iOS App Store;
• Launch the PalmPay App
• Tap ‘Sign up / Login PalmPay’ on the bottom on the screen.
• Tap ‘Sign up’
• If prompted to ‘Allow PalmPay to access this device’s location?’, tap ‘Allow’.
• Enter your ‘Mobile number’ and friend ‘Invitation code’ if you have one.
• Tap ‘Agree & Next’.
• You will receive a one-time password (OTP) shortly.
• Enter the OTP.
• You will be prompted to set your 4-digit PIN, and enter in your desired pin twice and you have registered.

PalmPay referral

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You can earn bonuses on PalmPay by either sharing your invitation link to new users to register and login to the App or the person inputs your unique invitation code when signing up on the App.

If this processing is done, your invitee gets a welcome 100Palmpoints, once they make their first transaction using the Palmpoint of 50% you get your 300 Palmpoints reward.

To invite a user:

• Launch the PalmPay App
• Tap on the “ME” button and click on invitation
• Click on share
• You can share on all social media platforms or copy the link and share via message.

Palmpoints

PalmPoints are your reward for using the PalmPay app. Currently, Airtime purchases and Bill Payments can help you earn more PalmPoints. PalmPoints can be redeemed when you complete certain payment transactions on your PalmPay app.

What is Awoof Moni?

Awoof Moni is a new feature on PalmPay that allows you to gift money to your friends and family, and when you give Awoof Moni you get Awoof Moni back too!

What is Group buying?

Group Buying is a new feature on PalmPay that allows you to buy data and airtime friends and family for up to 30% off.

What is Gemstone mission?

Gemstone Mission is a new feature on PalmPay that allows users to complete tasks to earn gemstones that can be exchanged for coupons.

Send money on PalmPay

• Launch your PalmPay app
• Tap the Send Money icon
• Tap the ‘Bank Account’ icon
• Select the Bank, enter the account number and amount then tap ‘Next’.
• Confirm the details, select your payment method and tap ‘Pay’
• Enter your PalmPay PIN
• You should then receive a confirmation message when the transfer is confirmed.
• Tap ‘Complete’ to return to the home screen

PalmPay pricing and limits

PalmPay has two account tiers:

– Tier 1 has a transaction limit of ₦50,000 and balance limit of ₦300,000

– Tier 2 has a transaction limit of ₦200,000 and a balance limit of ₦500,000

You can upgrade by verifying your bank account using the profile screen.

Is PalmPay legit/secure?

When using PalmPay, your financial information is always secured. The platform uses international security standards to protect your PalmPay account. PalmPay will never share your information with third parties unless it is for a defined business purpose, such as completing money transfers or reporting suspicious activities.

Frequently asked questions (FAQs)

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Is PalmPay legit?

When using PalmPay, your financial information is always secured. The platform uses international security standards to protect your PalmPay account. PalmPay will never share your information with third parties unless it is for a defined business purpose, such as completing money transfers or reporting suspicious activities.

Conclusion

Thank you for reading my post on PalmPay review. I hope I have helped you on this particular topic. If you still have questions or maybe you want to add something, the comments section is open to use.

Remember to share with your friends on social media and also subscribe to this blog for cryptocurrency updates.

Thank you once again.

Visit the official PalmPay website https://palmpay.co

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