Morolake Oluwatosin
A leading fintech company, PalmPay, has disclosed how it has been able to maintain unlimited free transfers to all banks on its app for all customers.
Palmpay stated the motive was based on an effort to drive financial inclusion across Nigeria.
According to the company, the feature, which was introduced earlier in the year, has been allowing users to make transfers to all banks within the country without incurring any bank fees.
Speaking, the PalmPay’s Managing Director, Chika Nwosu, stated: “We are committed to ensuring smooth and easy transactions with our free transfer feature.
This shows our dedication to providing accessible and affordable financial services to our over 30 million users and every Nigerian.
We believe everyone should have access to affordable financial services.” He noted that PalmPay is dedicated to driving economic empowerment in Nigeria by offering top-tier products such as money transfers, bill payments, credit services, and savings through its app and mobile money agents.
“Users can send and receive money seamlessly, pay bills effortlessly, shop with ease, and earn discounts and cash back while performing these transactions.
“By eliminating transfer fees to all banks on its app, PalmPay has empowered its millions of customers to enjoy endless fund transfers to family and friends, pay their bills seamlessly, and manage their finances more effectively.
PalmPay is a leading Africafocused fintech platform committed to driving economic empowerment in Africa.
“Through its secure, userfriendly, and inclusive suite of financial services, PalmPay brings top-tier products into the pockets of everyday Nigerians.
With this, we are able to drive financial inclusion. “It offers money transfers, bill payments, credit services, and savings on its app and via its mobile money agents.”. Palmpay said.