PalmPay has launched its new debit card in partnership with Verve, Africa’s largest domestic card scheme.

This partnership reflected PalmPay and Verve’s shared commitment to driving financial inclusion by expanding access and delivering greater value across the digital payments ecosystem.

With over 35 million users and a network of 1.1 million agents and merchants across Nigeria, PalmPay is building one of the continent’s most dynamic ecosystems. The launch of its debit card represented a key milestone in PalmPay’s transformation from a mobile wallet and agent network into a comprehensive digital financial services provider – offering integrated solutions for payments, savings, credit, insurance, and now, card access.

The PalmPay Debit Card is seamlessly integrated with the PalmPay wallet, combining the convenience of a traditional bank card with the speed and flexibility of a digital platform and access to PalmPay’s unique financial ecosystem.

The card boasted of features including zero maintenance fees, easy in-app application and nationwide delivery, exclusive cash back and merchant rewards, full wallet integration, including access to high-yield savings (up to 16 per cent APR, paid daily), and seamless offline and online payments across the Verve network.

The firm explained that the card is accepted at all major payment terminals within Nigeria, offering both debit and contactless options.

With this launch, PalmPay said it aimed to redefine the everyday banking experience – making it more accessible, reliable, and rewarding.

Alongside the standard debit card, PalmPay is also rolling out PalmPay Premium, a tailored offering for high-volume users.

The benefits include a dedicated PalmPay Premium Card, priority customer support, higher transaction cash backs and savings interest rates, exclusive merchant rewards and advanced financial tools.

The firm explained that this premium service reinforces its commitment to empower users at every stage of their financial journey – from first-time account holders to high-earning professionals seeking more from their financial tools.

Managing Director of PalmPay Nigeria, China Nwosu, said, “PalmPay is dedicated to using technology to broaden financial access.

“This collaboration enables us to offer secure, widely accepted payment cards integrated with the full power of PalmPay’s ecosystem. Together, we’re reshaping how Nigerians experience digital finance.”