Africa's fastest-growing payment infrastructure company, Zone, has announced that PalmPay, one of Africa’s leading fintech platforms for payment, has joined its decentralised payment network. This integration with Zone’s regulated blockchain network for payment enables PalmPay to fortify its payment capabilities, ensuring reliable, secure, and compliant transactions across its extensive network of 1,200,000 agents and merchants.…

The Managing Director of PalmPay, one of Africa’s fintech platforms, Chika Nwosu, has restated the commitment of the company to growing cashless payments across the country. Nwosu disclosed this during a media roundtable held at the weekend in Lagos.

PalmPay, a leading Africa-focused fintech platform, has earned recognition in the prestigious 2024 KPMG West Africa Banking Industry Customer Experience Survey for delivering outstanding customer experiences. The platform outperformed traditional banks in critical areas of service delivery, solidifying its reputation as a leader in Nigeria’s digital financial services sector. The survey highlights PalmPay’s strong performance…

Leading fintech platforms, PalmPay, has collaborated with Jumia, the continent’s e-commerce giant, to introduced a festive campaign to rewards, and enhance their shopping experience. According to them the new campaign is running from December 11 to 28, 2024, set to reward shoppers who use the new “Pay with PalmPay” feature on Jumia with cash prizes.…

As part of efforts to enhance the digital payment ecosystem, Jumia and PalmPay have come together in a strategic partnership to launch an integration application for users.

PalmPay, a leading fintech company in Nigeria, has reiterated its commitment to combating financial fraud through cutting-edge technology. This was disclosed during a high-level courtesy visit by the company’s Managing Director, Chika Nwosu, and management team to the Nigerian Financial Intelligence Unit (NFIU). Addressing the growing prevalence of fraud in the country, Nwosu, Managing Director…

For Dorcas Uchenna, a 300 level student of Microbiology Lagos State University (LASU), managing money as an undergraduate has never been an easy task.

As part of efforts aimed at preventing fraud for providers and users during digital payments, Managing Director, PalmPay Nigeria Chika Nwosu has stressed the need to safeguard financial transactions. Speaking at PalmPay’s anti-fraud awareness walk, he emphasized the need for users to make informed choices when selecting payment platform. To Nwosu, “digital payments are revolutionizing…

To commemorate the upcoming International Anti-Fraud Awareness Week, PalmPay, has revealed plans to launch a series of community-focused initiatives to educate the public on fraud prevention and digital security. According to firm, the initiative is a community walk themed "United against Fraud: Building a Safer Future", set to take place across Lagos on November 22,…

PalmPay, Nigeria’s leading fintech platform, has been awarded the Most Outstanding Fintech Driving Financial Inclusion at the prestigious BrandCom Awards 2024, held on October 26. The award, presented by Brand Communicator, celebrates Palmpay’s remarkable contribution to expanding financial inclusion across Nigeria. The recognition from Brand Communicator reflects PalmPay’s commitment to bridging financial gaps and expanding…

PalmPay, an African-focused fintech company, has stressed the need for founders within the fintech ecosystem to increase investors’ confidence to drive more investment across the continent, saying that working closely with investors is vital to creating value. Speaking at the recently concluded 2024 Nigeria Fintech Week in Lagos, the Managing Director, PalmPay Nigeria, Chika Nwosu,…

Data released by the Nigeria Inter-Bank Settlement Systems (NIBSS) revealed that licensed mobile money operators including Palmpay, OPay, and 15 others, processed transactions valued at N41.5 trillion between January and July this year.