How To Open PalmPay Account In Nigeria

Read all about how to open palmpay account in Nigeria.

PalmPay is a fintech company offering merchants and customers digital payment services. It is an e-wallet and online payment platform licensed by the Central Bank of Nigeria to provide financial services to users.

PalmPay is one of the best digital banking apps in Nigeria and it has also been able to capture the hearts of Nigerians with its amazing features. They offer low services charge and users can also earn money by referring people to the app.

With PalmPay, you can pay bills, receive funds into your account, send money, make a cash withdrawal, and recharge airtime. The most interesting part of using PalmPay is that after every certain transaction, you are rewarded with points that you can use later.

If you want to know how to open a PalmPay Account in Nigeria, you are in the perfect spot. Let’s dive into it.

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Steps On How To Open PalmPay Account In Nigeria

PalmPay is an online platform, so with your phone, you can create an account with PalmPay with ease. Below are the steps on how to open a PalmPay account in Nigeria.

• Download the PalmPay app on your phone from playstore for android users or app store for IOS
• Open the app and click on Sign up/log in
• Enter your phone number
• Enter the verification code sent to the number
• Fill in your details and accept the Terms and Conditions.
• Enter your PIN and confirm your PIN to complete the registration.

Benefits of having a PalmPay account in Nigeria.

Below are the benefits of having a PalmPay account in Nigeria.

• Earn bonuses and rewards when you make a transaction.
• It offers easy payment of bills and fast VTU services.
• You earn money for each person you invited to PalmPay.
• It offers low service charges during transactions.

How to earn money on PalmPay by referring people

• Login to your PalmPay account on your phone
• Click on “ME” and select the invitation
• Click on Share
• Copy and paste the link on the app to any social media or share it with your friends directly.

How to fund your PalmPay account

PalmPay offers different funding options to its users. Below are steps on how to deposit money into your PalmPay account.

Via Bank transfer

• Login to your account on your phone
• Click on fund
• Click on bank transfer
• Copy your PalmPay Account Number
• Go to your bank app
• Select send money
• Enter your PalmPay account number
• Confirm transaction details and enter your PIN to complete payment.

Via Bank Card

• Login to your account on your phone
• Click on fund
• Click on Bank Card
• Enter your Bank card details
• Enter amount
• Enter PIN to pay
• Enter CVV
• Enter Card PIN
• Enter the verification code to complete the transaction.

Via Bank Account

• Click on fund
• Click on bank account
• Click on add a bank account
• Select bank
• Enter the account number
• Enter amount
• Enter PalmPay PIN
• Enter the verification code sent to you to complete the transaction

Via USSD

• Click on fund
• Click on USSD
• Click on add a bank account
• Select your bank
• Enter amount
• Dial the code displayed on your PalmPay app on your phone.

FAQs

Is PalmPay a bank account?

PalmPay is an online platform duly licensed under the Central Bank of Nigeria to provide mobile money services to both the banked and unbanked.

How much can PalmPay receive?

It depends on your PalmPay levels (tiers). Tier 3 daily transaction limit is N5,000,000.

How much can I save in my PalmPay account?

Tier 3 gives you a daily transaction limit of N5,000,000 and an unlimited maximum balance. If you upgrade your PalmPay account to Tier 3, you can save as much as you want to save.

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Conclusion: How To Open PalmPay Account In Nigeria

Opening an account with PalmPay is easy, all you need is your phone number and BVN. If you want to enjoy more access on PalmPay upgrade your account to Tier 3 for a higher daily transaction limit.

Thank you for reading this article, and I hope you got a lot of helpful information. Please drop your comment and share the post with your loved ones on social media.