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Financial technology firm PalmPay has announced the continuation of its zero-fee transfer policy, reinforcing its commitment to driving financial inclusion across Nigeria.
Introduced earlier this year, this feature allows PalmPay users to make unlimited free transfers to all banks within the country, eliminating bank fees for these transactions.
In a statement issued on Wednesday, PalmPay’s Managing Director, Chika Nwosu, emphasized the company’s dedication to accessible and affordable financial services. “We are committed to ensuring smooth and easy transactions with our free transfer feature. This demonstrates 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,” Nwosu said.
PalmPay reiterated its commitment to economic empowerment in Nigeria by offering a range of top-tier products, including money transfers, bill payments, credit services, and savings through its app and mobile money agents.
The fintech firm highlighted the seamless experience users enjoy when sending and receiving money, paying bills, shopping, and earning discounts and cashback on 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,” the company stated.
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