FAQ

How To Use Palmpay Points

PalmPay rewards you with coupons and palmpoints. for carrying out transactions on the PalmPay app. which can be used to offset up to 50% of your airtime. and bill payments .

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What Can I Use My Palmpay Points For?

PalmPay rewards you with coupons and palmpoints. for carrying out transactions on the PalmPay app. which can be used to offset up to 50% of your airtime. and bill payments.

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How Do I Use My Coupon Bonus On Palmpay?

How to use the PalmPay Airtime CouponStep 1 Download PalmPay app (If you have already downloaded PalmPay, please update your PalmPay app to the latest version.) … Step 2 Register and look out for your Airtime coupon in your PalmPay account. … Step 3 Use your Airtime coupon to Top-up on PalmPay.

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What Is Palmcoin Used For?

PalmPoints that you can use to offset up to 50% off. your airtime & bill payments, PalmCoins that can be. used to exchange for coupons and physical items on. the PalmPay app or a fixed amount of Coupon for a.

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What Is The Meaning Of Palmpay Point?

1 PalmPoint = 1 naira, therefore 50 PalmPoints = 50. naira. PalmPay allows you use up to 50% of your PalmPoints. to discount your airtime and bill payment. E.g if you’re buying N200 airtime, PalmPay would.

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How Can I Win Money On Palmpay?

You can earn up to N2000 every time you invite your. friends to use PalmPay using our cash spree feature. Invite 2 friends – get N500. invite 3 friends – get N1000.

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Is It Safe To Keep Money In Palmpay?

PalmPay is fully licensed as a Mobile Money Operator by CBN, and insured by NDIC. We manage customers’ funds in compliance with all application regulations. This means that our more than 30 million users and millions of businesses are protected.

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How Does 10 Deals Work On Palmpay?

N10 Deals feature in the PalmPay app offers users the opportunity to participate in ongoing deals daily with a chance to win up to N10,000 in cash, electrical appliances or other amazing items.

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How Do I Buy Airtime From My Palmpay App?

How to use:Tap on the buy airtime icon.Input your amount and number and click next.Select your coupon and get N40 off N100N.

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How Do I Delete My Palmpay Account?

In the “Security Center,” locate the “Account” option and click on it. In the “Account” option, scroll down and click on the “Deactivate Account” button. When you click on the “Deactivate Account” button, a pop-up message will appear asking you to provide a reason for deactivating your account.

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Which Bank Is Palmpay Under?

PalmPay isn’t affected by the Nigeria Inter-Bank Settlement System (NIBSS) directive, as we are not “Payment Service Solution Providers”.
PalmPay is licensed by the Central Bank of Nigeria (CBN) to hold customer funds and is covered by the Nigeria Deposit Insurance…

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Who Owns Palmpay?

PalmPay is co-owned by Chinese-based Transsion Holdings and NetEase. On the other hand, OPay, which is partly owned by Norway-based Opera and a Chinese group of investors, has raised over $170 million .

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What Is The Full Name Of Palmpay?

PALMPAY LIMITED Company Profile | Lagos, Nigeria | Competitors, Financials & Contacts – Dun & Bradstreet.

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How To Earn 3,000 On Palmpay?

Earn up to N3000 for inviting your friends to PalmPay! Simply go to the Refer & Earn section on the app to get. started. Share your special invitation link with your friends to.

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What Is The Highest Amount Palmpay Can Receive?

Without BVN, your PalmPay account cannot hold more than ₦300,000. If you allow more than ₦300,000 in your PalmPay account, it will be blocked, denying you access to it unless you link your BVN. So, if you don’t want to link your BVN to your PalmPay, stick to a maximum of ₦300,000.

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What Is The Highest Amount That Can Enter My Palmpay Account?

A Snapshot of Limits and BalancesAccount TierDaily Transaction LimitMaximum BalanceTier 1N50,000N300,000Tier 2N200,000N500,000Tier 3N5,000,000No limit29 Nov 2023

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How Much Can Palmpay Send In A Day?

N200,000

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What Are The Disadvantages Of Palmpay?

Cons of PalmPay App The PalmPay app has amazing benefits, but it also has its downsides, which includes: Like other fintech apps, it requires users to have a smartphone and internet access to use the services. There are transaction and service fees associated with certain payments and financial services on the app.

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Does Palmpay Give Loans?

Fast approval: PalmPay Personal Loan can be approved in as little as 5 minutes. Flexible repayment terms: You can choose from a variety of repayment terms, from 1 to 12 months. Competitive interest rates :PalmPay offers competitive interest rates, starting at 10%.

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How Much Does Palmpay Charge On Withdrawal?

Both the Android and conventional POS devices from PalmPay have the same price. On withdrawal transactions, there is a 0.5% Palmpay POS withdrawal fee. Therefore, each agent must pay N5 for N1,000 withdrawal.

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How Many Free Transfers Does Palmpay Give?

You can get benefits in PalmPay APP, including amazing coupons for newbies, free transfer chances, cashback or discount on transaction, etc. Get with the times, download, and join us now. – 90+ free transfers every month. – Instant transfer to over 500 financial institutions.

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How Do I Avoid Palmpay Payments?

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Can Palmpay Convert Airtime To Cash?

You can sell airtime between N50 and N5000 on Palmpay, and your transactions will be completed within a few minutes. But it is noteworthy that Palmpay charges 12% of every airtime to cash transaction on its platform.

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How Can I Convert My Airtime To Cash?

H o w t o S e l l A i r t i m e T o C a s h W i t h P r e s t m i t C r e a t e A c c o u n t . R e g i s t e r a P r e s t m i t a c c o u n t i n l e s s t h a n a m i n u t e . S e l e c t N e t w o r k . S e l e c t t h e n e t w o r k y o u w a n t t o s e l l f r o m . E n t e r t h e A m o u n t . E n t e r t h e a m o u n t o f a i r t i m e y o u w a n t t o s e l l . G e t P a i d . W a i t f o r c o n f i r m a t i o n a n d g e t y o u r p a y m e n t .

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How Do I Repay My Airtime Loan On Palmpay?

Go to app store or play store, download Palmpay, fund. your wallet then click on repayment on the dashboard. then select Palmcredit and pay.

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Can I Remove My Bank Card From Palmpay?

Hi, To remove a bank card, kindly go to menu, select banks and cards. Click on cards then press down on the debit card you wish to delete and swipe right. Let us know if you encounter any challenge.

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How Do I Secure My Palmpay Account?

Be Smart with Passwords A strong password is like a super lock that’s hard for others to guess. Avoid using simple passwords like “123456” or “password.” Instead, create a password that includes a mix of letters, numbers, and symbols. Also, make sure to use different passwords for different accounts.

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How Do I Change My Full Name On Palmpay?

1:463:26How to effect change of name on the palmpay agent app – YouTubeYouTubeStart of suggested clipEnd of suggested clipInformation has been updated. So once you click on save. So you see then you go. Back. You can goMoreInformation has been updated. So once you click on save. So you see then you go. Back. You can go back to home. Now .

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What Country Is Palmpay From?

Lagos, Nigeria

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Is Palmpay And Opay The Same Company?

Although their service offerings are comparable, these two financial platforms are distinct.

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Which Country Supports Palmpay?

The PalmPay service is available in Nigeria and Ghana. It has plans to expand to two more African countries by the end of 2020.

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How Old Is Palmpay?

About PalmPay It was founded in 2019 and is based in Lagos, Nigeria.

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Who Owns Opay?

OPay, owned by Chinese billionaire Yahui Zhou through his web browser company Opera, has become the main alternative to banks for money transfer and bill payments during the cash crunch, say industry observers .

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Can I Receive Dollars With Opay?

You can use OPay to cash out the funds. OPay can now receive money from over 50 countries around the world in Multiple currencies including USD, EUR, CAD, AUD and GBP.

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What Is The Highest Amount Palmpay Can Take?

Without BVN, your PalmPay account cannot hold more than ₦300,000. If you allow more than ₦300,000 in your PalmPay account, it will be blocked, denying you access to it unless you link your BVN. So, if you don’t want to link your BVN to your PalmPay, stick to a maximum of ₦300,000.

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How Does 10 Deals Work On Palmpay?

N10 Deals feature in the PalmPay app offers users the opportunity to participate in ongoing deals daily with a chance to win up to N10,000 in cash, electrical appliances or other amazing items.

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