News Formal

Grow your business with PalmPay Business Solutions

  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 25 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 59%

Palmpay News

Promoted

The banking sector is experiencing a significant and positive shift, with PalmPay leading the charge. As a prominent fintech innovator, PalmPay is making waves in business banking solutions and agent banking. Boasting a robust network of over 1.1 million Agents and Merchants, PalmPay is committed to enhancing financial accessibility across Nigeria.

PalmPay is celebrated for its secure digital payment solutions, offering a comprehensive range of tools such as the PalmPay Business app, Point of Sale machines, and Pay With Transfer. These tools simplify payment acceptance and business management for enterprises of all sizes, providing exceptional ease and security. Agents and Merchants have recounted the fact that PalmPay has one of the best POS networks, which boasts a 99.5% success rate and ensures same-day settlement of transactions.

PalmPay’s transparent fee structure, based on daily transaction volume, ensures fairness. For withdrawals between N1 and N20,000, a 0.5% fee applies, while transactions above N20,000 incur a flat fee of N100. Transfers between PalmPay agent accounts are free, and transfers to other banks are subject to a flat fee of N20, with the added benefit of up to N6 cashback per transfer. PalmPay’s business suite stands out with industry-leading cashback rates of 0.1% on every transaction.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Flutterwave, MTN, PalmPay, others among CNBC World’s Top Fintech Companies 2024Flutterwave has been named among the top 250 fintech companies in the world by CNBC in partnership with market research firm Statista. The World’s Top Fintech Companies 2024 report by the American business news channel includes companies across a variety of different market categories.
Source: DailyPostNGR - 🏆 11. / 59 Read more »