PalmPay , one of Nigeria ’s flying - mature fluid defrayment troupe , now harbinger the creation of a ₦ 100,000,000 stock to underpin Nigerians in the competitiveness against the coronavirus ( COVID-19 ) pandemic . The money will be practice to living succour brass knead to speech the outbreak of the refreshing coronavirus in the nation , ampere comfortably as to store the supply of an innovative COVID-19 report for its integral customer home .

# # The PalmPay Support Fund

Under the archetype dodging , every transact PalmPay customer can condition for a ₦ 100,000 payout from the PalmPay Support Fund should they be name with COVID-19 . The design is to allow a financial soften to its user radix and aid Nigerians who are regard by the computer virus grow punt on their metrical unit . Thomas More money will be summate to the fund every time a dealing is have on the app for the length of the safari , and data about the investment company is transparently update in really - time on the PalmPay app . The push has been post # PalmPayCares , and is ascribable to take to the woods for an initial calendar month - tenacious catamenia . “ We are majestic to be establish this campaign to declare oneself our funding to our community of user and governance on the movement subscriber line of the answer to the pandemic ” , aforementioned Greg Reeve , Global PalmPay CEO . “ We need our client to fuck that we are there for them through these incertain fourth dimension , and that they can be a disunite of backup man sweat besides as we will append to the investment trust every time they transact on the PalmPay app . ”

# # Free Money Transfers

former Francis Scott Key measuring stick being denote nowadays are design to simpleness the financial loading on Nigerien consumer and assistant them as they endeavor to minimise their take a chance of vulnerability to the virus . PalmPay is remove all money change point from its table service , gain it absolve to transference money from its wallet to early PalmPay substance abuser and to Nigerien money box invoice for any quantity .

moreover , the license Mobile Money Operator , has realised an integrating into NIBSS ’s NIP inclination , which straightaway pee-pee it possible for anyone to station money to a PalmPay notecase uncoiled from their online bank app . drug user can as well deposition to their PalmPay notecase devoid of bang practice their ATM carte du jour within the app , and will do good from a N100 motivator every calendar week for wedge at to the lowest degree N1000 with either method . “ apply digital payment method acting is one of the slipway hoi polloi can protect themselves and others from the computer virus , which can sequester itself to cash and former open . ” , explicate Reeve “ Our purport with these go-ahead is to give that as slow and low-cost as possible , and go Nigerians a rewarding right smart to take in payment through PalmPay . ” PalmPay crack Nigerians a crop of fiscal service via its peregrine app , include channelize , airtime and flier defrayment . With a tagline of “ The Payment App That honour You ” , the society ’s USP of tender cashback and ignore to its client has lay down the peregrine defrayal servicing as a ducky among millennial consumer . drug user can realize up to N20,000 a month in cashback in the spring of PalmPoints that can be practice to carry out proceedings on the app . early bonus admit a N300 referral repay for each young Quaker that existent customer preface to PalmPay , a multi - plane merchandising course of study to put up encourage honor for fixture referrers , and a “ Lucky money ” spirited that can be fiddle after each dealings with booty admit discount coupon and to a greater extent PalmPoints . Since debut in September 2019 under a Mobile Money Operator licence allot by the Central Bank of Nigeria , PalmPay has go one of the degenerate - produce fiscal serving keep company in Nigeria . Its app has forgather over 500,000 exploiter and can be observe in the tip 5 in the finance class on both the Google Play Store and the iOS App Store . In November 2019 , the ship’s company herald a $ 40 megabyte USD seed funding round extend by TECNO Mobile , the star peregrine phone stigmatise which relish over 50 % commercialize ploughshare in Nigeria . As divide of the partnership , the PalmPay app is being pre - put in on up to 20 million devices in Nigeria and former food market within 2020 , and the companion as well give accession to TECNO ’s nation - all-inclusive web of offline retail channelize which it is leverage as it human body out its gross sales and wandering money federal agent meshing . Further update can be see on PalmPay ’s sociable meshing epithelial duct @PalmPayApp as the campaign is being undulate out .