How PalmPay Mobile Money Platform Helps Through These Times


What if you try out a reliable CBN-approved PalmPay mobile money platform for your transfers to cope with the current transfer network situation?

Now, over the past few months there’s been network hitches across Nigeria commercial banks’ networks, which has caused a series of frustration amongst customers given the fact that it’s been hell to get cash from banks ever since.

The cashless policy has made people find another means of handling transactions, which is money transfer is the key alternative.

PalmPay is one of the popular mobile financial platforms in Nigeria where users can send cash to recipients, make payments, pay bills, buy airtime and data bundle, etc.

Not only that, the PalmPay mobile money platform has a host of features and supports lots of payment channels, it’s convenient and easy to use.

So, what are you waiting for to get your own PalmPay mobile money platform account? I’m going to guide you right here on how you can register for a PalmPay mobile money platform account.

I have a couple of persons that are into business, and the Naira scarcity has made it quite difficult for them to cope with their business.

Imagine your run a business and a customer can’t pay you in cash, and when they try to do a transfer, there’ll be network issues. It can be quite frustrating, and you’ll end up not making any sales for the day.

With the fact that a consumer cannot be able to buy anything from any store that accepts transfers because of network hitches can be quite disheartening, but with the PalmPay mobile money platform, you’re rest assured of about 95% successful transactions without any network issues daily.

I’ve seen a couple of businesses that have shut down as a result of the cash crunch, not because they can’t meet their customers’ needs, but because they cannot receive payments for what they sell to customers.

The best thing is for you to get a PalmPay POS machine. To do that, you need to register for an account.

This should encourage you cos there’s a lifeline to continue running your business seamlessly and continue accepting transfer payments whenever a customer cannot pay in cash.

Why It’s Important to Register for a PalmPay Mobile Money Platform Account

As I highlighted above, PalmPay’s interest fee is favorable. Imagine that you don’t have to pay any fee when you make a transfer with same account? Now, that’s quite cool!

Irrespective of the bank you’re sending the money to, you won’t have to pay anything unless you exceed the 3-times transfers for the day before you’re being charged.

PalmPay offers discounts on bill payments, airtime recharge, data subscription, and mobile wallet funding. With this, you don’t have to pay the full amount whenever you want to recharge airtime or some other bill payments.

With a PalmPay mobile money platform account, you can apply for a merchant account and get a POS machine for your business. This is specifically for those of you looking for a way to get a POS machine, especially via a platform like PalmPay.

Now, this is where you need to get registered on the PalmPay mobile money platform. You can’t get a POS machine from PalmPay if you’re not a registered user.

To Register for a PalmPay Account

What do you need for your PalmPay mobile money platform account registration? Just your phone number and email address.

Note: Make sure that the mobile device you’re using has not been used to register for at least two or more PalmPay accounts. And the phone number you want to use should not have been used in any previous PalmPay account.

The first step you should take is to download the PalmPay app either via Google Play Store (if you’re using an Android device) or Apple Store (if you’re using an iPhone).

Once you’ve downloaded and installed the app, you need to click on the “Sign Up/Login” button at the top left corner of the homepage to start your account setup.

Once the sign-up page has appeared, you have to enter your mobile number, and tick on the two boxes “I have read and agreed to Terms and Conditions” and “I have read and agreed to Privacy Policy”. Then tap “Sign Up.”

A 4-digit code will be sent to you via SMS. Once you enter the code, you’ll be automatically redirected to a page where you’ll have to enter your Legal full Name, select your Gender, and then Date of Birth.

After that, you’ll have to set your 4-digit login PIN. Confirm the PIN again and the account registration will be successful.

Once you’re done with the PalmPay mobile money account registration, you’ll receive a N200 signup bonus at first instant!

Now, your account is all setup. The next thing is for you to learn how to make transfers. But before that, you’ll need to have funds in your PalmPay mobile money account or link your debit card for transfers.

How to Fund Your PalmPay Account

Open the app and click on “Fund.”

Select any payment option you want to use for the account funding; you can top up with your card or account number.

Enter your card details; the 16-digit number at the front of the card, the bank, the expiry date, and then the CVV (the 3-digit number at the back of the card). Than click “Next” after that.

If you’re selecting a Bank account, then you’ll need to have Zenith Bank, UBA, or Providus Bank.

Enter the account number, select the bank, and then click “Next.”

Once you’re done with that, choose the amount you want to fund.

Finally, enter your PalmPay 4-digit PIN to complete the transaction.

Another option for you is to visit any PalmPay, Opay, Moniepoint, or Kuda, agent, and give the person your cash and account details (your mobile number and name used for the registration) for the money to be funded to your wallet.

How to Transfer Money with PalmPay

Now you have money in your PalmPay wallet, the next thing is to learn how to transfer anytime you want to buy anything.

Open the homepage and choose whether you’re transferring to a Bank account or a PalmPay account.

Click on Bank, enter the account number, select the bank, and then click “Next.”

Whereas for PalmPay, enter the recipient’s PalmPay number, and when the user details appear, click on it.

Enter the amount you wish to send and click “Next.”

Confirm the payment and enter your 4-digit PIN to complete the transaction.


Things has already been tough on the course of the cash scarcity and network issues, but you can better still navigate through with the use of a mobile money channel like PalmPay.

With this, you can continue paying for whatever you want to buy without network hitches, anytime and anywhere.


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