Is PalmPay safe to Keep money?

Read all about is palmpay safe to keep money.

PalmPay is mobile money operator that offers services like money transfer, buying airtime, paying cable bills, paying electricity bills, getting loans and many more.

PalmPay is a legit app that is certified by the central bank of Nigeria to operate and carry out financial services.

The PalmPay app is available for download on the Google playstore and iOS app store. You can download, install, register and get started using the app.

A lot of people have been having doubts about the PalmPay app and are wondering if it is safe to keep money on PalmPay. This doubt stems majorly from the fact that it does not have physical branches like your regular commercial banks.

In this post, I am going to be answering the questions “Is PalmPay safe to keep/save money” and more. Remember to leave us a comment after you finish reading and also share with your friends on social media.

Let’s get into it then…

Read my post on how to deactivate palmpay security plugin

About PalmPay?

PalmPay is an e-wallet and online payment platform that offers financial services to users via mobile app. PalmPay is owned by the Chinese company transsion holdings as well as Taiwanese company NetEase.

PalmPay has its head office at 20, Opebi Road, Ikeja in Lagos, Nigeria.

Is PalmPay safe to save money?

A lot of people have been having doubts about keeping their money on PalmPay, this stems from the fact that PalmPay does not have physical branches like your regular commercial banks.

PalmPay is a licensed mobile money operator by the central bank of Nigeria which means it has been granted permission by the Central bank of Nigeria to operate in Nigeria.

Before granting a license, the CBN will check for compliance with all their rules and regulations. As well as regular check ups to ensure that it is still being adhered to.

The central bank of Nigeria is also the body that regulates the commercial banks like Zenith bank, Gtbank, UBA, First bank and others.

You should have no problems using PalmPay, as your money is safe. They also have a fully dedicated customer care team that you can reach out to, if you are having any issue.

Pros of using PalmPay

The following are some of the Pros of using PalmPay:

1. Low fees
2. Quick transaction time
3. Dedicated customer care
4. Zero card maintenance fee

PalmPay customer care

If you need more information, you can contact the PalmPay customer care via the following channels:

Phone number: 234 17005700

Email: support@palmpay.co

Twitter: @palmPay

Facebook: https://facebook.com/palmpay

How to open PalmPay account?

To open a PalmPay account, follow the below instructions:

1. Download the PalmPay app on Google playstore or iOS app store
2. Launch the app and sign up
3. Verify your phone number
4. Set up your PIN

Once you complete the above, you will be able to use the PalmPay app to carry out transactions.

Read my post on how to remove bvn from palmpay

Summary

I hope with the above, I have been able to convince you that PalmPay is a trusted platform that you can use to keep your money for a long time to come.

If you have any questions, you can leave them below in the comment section or visit our contact us page and we will get back to you as soon as we possibly can.

Conclusion

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