Tag: PALMPAY

Tech

PalmPay partner Verve to enhance payment solutions 

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 […]

News

PalmPay unveils advanced technology to combat rising fraud

PalmPay, a prominent fintech company in Nigeria, has announced the implementation of advanced technology solutions aimed at addressing the increasing threat of fraud in the country’s digital payment sector. The Managing Director of Palmpay, Chika Nwosu revealed this initiative during the company’s fifth-anniversary celebration in Lagos, according to The Punch. Nwosu acknowledged the remarkable growth […]

Palmpay enhances contactless payments
Business

Palmpay, Poppin partner on fintech education

A chat platform called Poppin and a prominent creative Fintech platform called PalmPay has announced a partnership to launch the “Pop&Pay” Campus Dance Competition, a pan-Nigeria campus tour throughout 10 colleges in Nigeria. The Punch stated that the goal of this effort, according to a statement, is to excite and educate the next generation of tech […]

Palmpay enhances contactless payments
Business

Palmpay seeks collaboration for financial inclusion

PalmPay, a financial technology platform, has advocated for strategic alliances in the banking sector to promote inclusivity. The Punch reported that the information was made public during the Lagos-based Finance Correspondents Association of Nigeria’s 2023 annual conference, which had as its theme “Strengthening Digital Infrastructure for an Efficient Innovative Payment System in Nigeria.” The head of […]

CBN denies rumors on suspension of OPAY, PALMPAY
Banking

CBN denies rumors on suspension of OPAY, PALMPAY

The rumors that the Central Bank of Nigeria has suspended accounts of Fintech businesses like OPAY and PALMPAY have been labeled as false by the bank. The viral rumor is “just fake,” CBN’s Acting Director of Corporate Communications, Isa AbdulMumin, told the News Agency of Nigeria in Abuja on Friday. According to the widely circulated […]