How to open a PalmPay account in nigeria
In Nigeria, PalmPay is a digital bank. Its strong network service facilitates easier banking in Nigeria. We’ll walk you through opening a PalmPay account in this post.
Nigerians have been searching for alternative banks that can facilitate their transfers with ease ever since the Central Bank of Nigeria (CBN) implemented a cashless policy, redesigned some naira notes, and all established banks’ internet banking services failed miserably.
The process of setting up a PalmPay account on an iOS or Android smartphone is explained in depth in this article.
You may be familiar with Nigerian fintech companies before we start. One such business is PalmPay, one of the most popular digital banking apps in Nigeria and a license holder from the Central Bank of Nigeria.
With PalmPay, users can easily send money between banks, make payments, purchase airtime, and pay for TV and electricity in Nigeria, as it is a digital banking application.
Users of iOS and Android devices in Nigeria can download the PalmPay app. You may learn how to create a PalmPay account for yourself by reading this post.
The goal of the financial technology company PalmPay is to provide the framework necessary for upcoming financial transactions throughout the continent. One of the top FinTech companies, PalmPay’s main goal is to use technology to enable everyone to have access to financial services. Many business options have been made available to Nigerians by PalmPay, including the PalmPay Point of Sale (PoS) company, which is very similar to Opay Point of Sale in Nigeria.
Applying for loans in Nigeria can also be done using PalmPay, which is often regarded as one of the best lending apps in the country with affordable interest rates.
Furthermore, some people make money with the PalmPay software. Having said that, let’s go more into the steps involved in setting up an Android and iOS PalmPay account in Nigeria.
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How to Create PalmPay Account in Nigeria
Depending on the device you’re using, you can use one of two alternative techniques. You must utilize the Android way if your smartphone runs the Android operating system and the iOS approach if you use an iPhone or iPad and are an iOS user.
How to Create an Android PalmPay Account
Steps to create and sign up for a PalmPay account for Android users:
Install the PalmPay android application
- It’s incredibly simple to get the PalmPay app. Just go to the Google Play Store and search for the app, or click here to go directly to the PalmPay app download page on your app store. Wait for the program to automatically download and install after clicking the Install button.
Open PalmPay app to sign up
- After the PalmPay app has been installed and started, you should use it. Under your screen, you’ll notice four options. Click on me, then hit the sign-up button. Once the sign-up is complete, you will receive a complimentary N110 incentive. You must input your phone number (a verification SMS will be sent to the phone number).
Verify that you know your customer (KYC)
- After creating your account, you must complete KYC by providing your NIN, BVN, and any other required documents that will validate your PalmPay user status.
How to open PalmPay Account on iPhone
Although downloading the PalmPay software on iOS is a little different than that of Android, if you’re an iOS user, just follow the instructions below.
Download PalmPay from the Apple Store
- Use the app button below or visit the Apple Store to find the PalmPay app and download it to your iPhone or iPad.
Open PalmPay and register
- After the PalmPay app has been installed and started, you should use it. Under your screen, you’ll notice four options.
- Click on me, then hit the sign-up button. Once the sign-up is complete, you will receive a complimentary N110 incentive. You must input your phone number (a verification SMS will be sent to the phone number) under Legal in order to register. Name(s): First and last, after choosing your gender and date of birth, click the sign-up button to continue.
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Verify KYC
- The final step is rather simple. After creating your account, you must complete KYC by providing your NIN, BVN, and any other required documents that will validate your PalmPay user status.
Conclusion
Using the previously mentioned ways, opening a PalmPay account on your Android or iOS device won’t be a problem anymore. With the method we’ve provided, opening a PalmPay account ought to be very easy for you. In the unlikely event that you find PalmPay inadequate for any reason, here are the best PalmPay substitutes that also provide first-rate financial services.