Africa-focused fintech giant, PalmPay, has rolled out two innovative products, Unlimited Free Transfer and Target Savings, in Nigeria. The company aims to enhance financial accessibility by eliminating transfer fees and offering customizable savings solutions. PalmPay, known for its presence in Ghana and Tanzania, expands its reach in Nigeria with game-changing offerings.
Users now enjoy unlimited fund transfers and bill payments with the Unlimited Free Transfer feature. Additionally, PalmPay’s Target Savings empowers users to set savings goals, frequency, and duration, with automatic savings and a lucrative 12% annual interest rate upon goal achievement. With a strong presence in Ghana and Tanzania, PalmPay is committed to multi-country and cross-border expansion. Chika Nwosu, MD of PalmPay Nigeria, underscores the company’s mission to democratize financial services, ensuring inclusivity in the rapidly evolving fintech landscape.