| Interest Rate | 35% |
| Duration | From 14 days |
| Access Level | Public |
| Company Name | Palmpay Limited |
| Phone 1 | 018886888 |
| Phone 2 | 018886888 |
| Website or Store | https://palmpay.com/ |
| Address | 20 opebi road ikeja, Lagos |
| Category | Safe Loan |
| Company Email | support@palmpay.com |
| Views | 948 |
PalmPay is revolutionizing the way Nigerians manage their finances by offering a comprehensive, user-friendly app that combines account opening, money transfers, and bill payments all in one place. Trusted by millions, PalmPay is recognized for its seamless money transfers, flexible savings options, and a wide array of services designed to enhance your financial experience.
Key Features of PalmPay
- Trusted by Millions: Join a growing community of satisfied users who rely on PalmPay for efficient financial transactions.
- Unlimited Free Transfers: Enjoy unlimited free transfers to all banks, making it easy to send and receive money without worrying about fees.
- Attractive Savings Options: Save flexibly with daily interest rates of up to 20% per annum, and the freedom to withdraw your savings at any time without charges.
- Data Bundle Discounts: Get up to 50% off on daily data bundle purchases, ensuring you stay connected without overspending.
- Easy Sign-Up: Simply register using your phone number and unlock incredible rewards.
- 24/7 Customer Support: Our dedicated customer support team is always available to assist you with any queries or concerns.
About PalmPay
PalmPay is not just an app; it’s a complete financial ecosystem. Licensed and regulated by the Central Bank of Nigeria, and insured by the Nigeria Deposit Insurance Corporation (NDIC), PalmPay is committed to maintaining the highest safety and reliability standards. With over 500 corporate partners, PalmPay supports a wide range of payment scenarios, ensuring you can easily pay for services and goods.
Whether you’re a newcomer or a seasoned user, PalmPay offers fantastic benefits, including exclusive coupons for new users, cashback offers, and discounts on transactions. Download the app today and start reaping the rewards!
Detailed Services Offered by PalmPay
Money Transfers
- Unlimited Free Transfers: Transfer money to any bank in Nigeria at no cost.
- Instant Transfers: Enjoy quick transfers to over 500 financial institutions.
Savings Options
- Flexible Savings: Earn amazing daily interest rates of up to 20% per annum, with access to your funds anytime!
- Fixed Savings: For higher returns, consider locking your funds in a fixed savings plan to earn up to 20% p.a..
Airtime Purchases
- Support for Major Networks: PalmPay supports airtime purchases for five major telecom operators: MTN, Airtel, GLO, 9Mobile, and Smile.
- Weekly Discounts: Enjoy a 20% discount on airtime every Tuesday.
- Scheduled Top-ups: Automatically recharge your phone to avoid downtime with our Schedule Top-up feature.
Data Bundle Offers
- Daily Discounts: Get up to 50% off on data bundle purchases.
- Exclusive Plans: Take advantage of our exclusive Data Social Plan with MTN and special bundles with Airtel.
Loan Services
- Flexible Loan Terms: Choose repayment periods ranging from 61 days to 6 months.
- Loan Amounts: Access loans ranging from ₦2,000 to ₦500,000.
- Competitive APR: Interest rates vary from 36% to 300% per annum.
- Example Calculation: For a ₦1,000 loan with a 90-day term and an interest rate of 9%:
- Interest: ₦90 (9% of ₦1,000)
- Total Amount Payable: ₦1,000 + ₦90 = ₦1,090
- Representative APR: 36%
How PalmPay Protects Your Funds
At PalmPay, your security is our top priority. We implement robust measures to safeguard your personal data and financial transactions.
Insured Deposits: Every deposit you make with PalmPay is insured by the NDIC, ensuring your funds are protected.
Transaction Screening: We utilize advanced screening methods and international databases to prevent money laundering and fraud.
Security Certifications: PalmPay is PCI DSS certified, guaranteeing that your transactions are secure from data theft and fraud. We comply with the Nigeria Data Protection Regulation (NDPR), maintaining the highest standards of information security.
Fraud Prevention: Our dedicated teams continuously monitor transactions to intercept suspicious activities. We have protocols in place to freeze accounts of suspected fraudsters and follow up on reports promptly.
Contact Us
We’re excited to hear from you! For any feedback, questions, or concerns, reach out to us through the following channels:
- Helpline: 018886888
- Email: support@palmpay.com
- Website: PalmPay Official Website
- Address: 20 Opebi Road, Ikeja, Lagos, Nigeria
Connect with Us on Social Media
Stay updated and connected with PalmPay on social media:
- Twitter: @palmpay_ng
- Facebook: @PalmPay Nigeria
- Instagram: @palmpayapp_ng
- TikTok: @palmpayapp
- YouTube: @PalmPay
- LinkedIn: PalmPay
With PalmPay, you can say yes to more convenience, more rewards, and more financial freedom. Download the app today and join the millions who trust PalmPay for their financial needs!
Expert Counsel
When considering loans from PalmPay, it’s crucial to be aware of the following practices:
1. Broadcasting Your Debt
PalmPay may not hesitate to inform your contacts via SMS about your outstanding debt. This tactic is aimed at putting pressure on you to repay quickly.
2. Harassment on WhatsApp
If you're even a day late on repayment, you can expect to receive a barrage of aggressive messages through WhatsApp. This can be overwhelming and adds stress to an already difficult situation.
3. Tight Repayment Window
PalmPay typically has short repayment periods ranging from 6 to 14 days, making it challenging to meet deadlines and manage your finances effectively.
4. High Interest on Overdue Payments
Overdue payments can incur high interest rates that escalate quickly, ranging from 1% to 5% per day. This can lead to a rapid accumulation of debt, making it difficult to regain control of your financial situation.
5. Reputation Over Debt
Once PalmPay starts defaming you, simply repaying the debt may not restore your reputation. Their actions can tarnish your name long after the debt is settled.
6. Unlicensed and Defamatory Tactics
Even if PalmPay operates without proper licensing, their primary strategy often relies on defamation—a cheap and unethical way to compel repayment.
7. Avoid Borrowing from Other Loan Apps
Refrain from borrowing from other loan apps to repay PalmPay. This can trap you in a vicious cycle of debt that becomes increasingly difficult to escape.
8. Block Their Calls
Utilize apps like Truecaller to identify and block persistent calls from PalmPay. This can help reduce stress and interruptions in your daily life.
9. Break Free
The most effective solution is to stop borrowing from PalmPay entirely. Free yourself from their cycle of debt and regain control over your finances.
10. Take Action
If PalmPay engages in unscrupulous behavior, don’t hesitate to block them on WhatsApp and report their actions to WhatsApp and the Google Play Store.
11. Stay in Control
Remember, you were managing your finances just fine before PalmPay entered the picture. Don't let their tactics damage your reputation or drain your finances. Take charge of your financial future today!
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Reviews
Very wicked people (Palmpay )- 2/19/2025
- Agent message to users
LIFE TIME EMBARRASSMENT, MASSIVE DOWNFALL ,SORROW IS WHAT IS ABOUT TO HAPPEN TO YOU IF UR PAYMENT OF IS STILL NOT MADE BEFORE 6pm TODAY
Are you CURSED?Are you not tired of being a debtor?You sleep & wake up praying for God's blessing but you're destroying another man's business. PAY NOW
PALMPAY
Since you've sworn to eat others' sweat,ur labour will be enjoyed by others.The source of the money u refused to pay helped u & will also destroy you.
PAY NOW
- 2/10/2025
- Agent message to users
Don't Complain If We Invade Your PRIVACY To Send Deformatory Messages To Your Contacts, Repay Your PALMPAY LOAN Before 3Hrs Else Your Family Will Weep Over You.
- 2/10/2025
- Agent message to users
- That there will be a lawsuit against me.
- Called my contacts
- Insults on me
- 2/10/2025
- Agent message to users
You are daring what we will use your BVN(2230980......) and do, you will regret all through your life except you don't want to use banks again
Palmpay
- 2/10/2025
- Agent message to users
Flexicash management, we will submit your pictures, BVN and contacts to the ict department for bloggers to publish failure to clear your loan before 5pm today Please Kindly do the needful now to avoid the embarrassment.
- Final warning!
- The worst part is that have finish paying the loan but still got this message from them.management, we will submit your pictures, BVN and contacts to the ict department for bloggers to publish failure to clear your loan before 5pm today Please Kindly do the needful now to avoid the embarrassment.
Final warning!
- 12/10/2024
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