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3 weeks ago
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- One of Nigeria’s fastest-growing fintech companies, PalmPay, has unveiled its debit paper successful concern with Verve, a section paper issuer
- The unveiling of PalmPay’s debit paper comes amid the clamour by its customers to complement its service
- The debit paper motorboat besides follows the company’s unveiling of the PalmPay Premium Debit Card for its high-end customers.
Legit.ng’s Pascal Oparada has reported connected tech, energy, stocks, concern and the economy for implicit a decade.
PalmPay, 1 of Africa’s fastest-growing fintech platforms, officially launched its caller PalmPay Debit Card successful concern with Verve, Africa’s largest home paper issuer.
This concern reflects PalmPay and Verve’s shared committedness to driving fiscal inclusion by expanding entree and delivering greater worth crossed the integer payments ecosystem.
Source: Getty Images
PalmPay partners with Verve connected debit card
With implicit 35 cardinal users and a web of 1.1 cardinal agents and merchants crossed Nigeria, PalmPay said it is gathering 1 of the continent’s astir dynamic fintech ecosystems.
The debit paper launch, attended by Legit.ng, represents a cardinal milestone successful the fintech’s translation from a mobile wallet and cause web into a broad integer fiscal services provider.
It offers integrated solutions for payments, savings, credit, insurance, and now, paper access.
The PalmPay debit paper is seamlessly integrated with the PalmPay wallet, combining the convenience of a accepted slope paper with the velocity and flexibility of a integer platform, and entree to PalmPay’s unsocial fiscal ecosystem.
Key Features include:
- Zero attraction fees
- Easy in-app exertion and nationwide delivery
- Exclusive cashback and merchant rewards
- Full wallet integration, including entree to high-yield savings (up to 16% APR, paid daily)
- Seamless offline and online payments crossed the Verve network
The paper is accepted astatine each large outgo terminals wrong Nigeria, offering some debit and contactless options.
With this launch, PalmPay aims to redefine the mundane banking acquisition - making it much accessible, reliable, and rewarding for its customers.
Palmpay launches Premium Debit card.
Alongside the modular debit card, PalmPay is besides rolling retired PalmPay Premium, a tailored offering for high-volume users. Benefits include:
- A dedicated PalmPay Premium Card
- Priority lawsuit support
- Higher transaction cashback and savings involvement rates
- Exclusive merchant rewards and precocious fiscal tools
This premium work reinforces PalmPay’s committedness to empowering users astatine each signifier of their fiscal travel - from first-time relationship holders to high-earning professionals seeking much from their fiscal tools.
The PalmPay Debit Card was made imaginable done PalmPay’s strategical concern with Verve, reinforcing some companies’ shared committedness to inclusive, locally applicable integer banking solutions.
Source: Getty Images
PalmPay promises a seamless transaction
“PalmPay is dedicated to utilizing exertion to broaden fiscal access,” said Chika Nwosu, Managing Director of PalmPay Nigeria. “This collaboration enables america to connection secure, wide accepted outgo cards integrated with the afloat powerfulness of PalmPay’s ecosystem. Together, we’re reshaping however Nigerians acquisition integer finance.”From zero-fee transfers and high-yield savings to instant credit, insurance, and present cards, PalmPay is gathering the fiscal infrastructure of the aboriginal - redefining integer banking to beryllium much personalised, broad and accessible to everyone.
Fraud alert: Palmpay, instrumentality action, denote relationship changes
Legit.ng earlier reported that OPay and Palmpay person announced key changes to however customers get verified connected their platforms.
The 2 integer banking platforms made the changes successful effect to reports of loopholes exploited by fraudsters erstwhile opening accounts.
For Opay, determination are changes successful the recognition method of securing slope accounts during the onboarding process.
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Source: Legit.ng
