PalmPay, a prominent African fintech platform, has officially launched its PalmPay Debit Card in partnership with Verve, Africa’s largest domestic card scheme.

This collaboration aims to enhance financial inclusion by providing millions of users with access to Verve’s extensive payment network, thereby extending digital financial solutions to previously underserved populations.

With a user base exceeding 35 million and a network of 1.1 million agents and merchants across Nigeria, PalmPay is rapidly expanding its fintech ecosystem.

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

The Managing Director of Verve International, Vincent Ogbunude, added, “We are proud to partner with PalmPay on this important milestone. Our alliance with PalmPay reflects our shared mission of accelerating financial inclusion and delivering payment innovation that meets the needs of African consumers.”

The launch of its debit card marks a significant step in its evolution from a mobile wallet and agent network to a full-service digital financial provider, offering seamless solutions for payments, savings, credit, insurance, and card services.

The PalmPay Debit Card integrates seamlessly with the PalmPay wallet, offering the convenience of a traditional bank card alongside the speed, flexibility, and benefits of PalmPay’s digital financial ecosystem.

The card is widely accepted across major payment terminals in Nigeria, supporting both debit and contactless transactions. With this launch, PalmPay seeks to enhance everyday banking by making it more accessible, reliable, and rewarding.

PalmPay is a leading digital bank and fintech platform driving financial innovation in emerging markets. Serving over 35 million users and partnering with 1.1 million merchants and agents across Africa, PalmPay equips individuals and businesses with the tools to send, spend, save, and grow their finances seamlessly.