PalmPay is a digital bank in Nigeria and if you want to know how to open a PalmPay account in Nigeria, this article you’re reading will give you a complete guide on how you can have a PalmPay account on your Android and iOS device.
Before getting started, you might have heard of fintech companies in Nigeria, one of these fintech companies is PalmPay, it’s licensed by the Central Bank of Nigeria and it’s one of the best digital banking apps in Nigeria. Being a digital banking app, PalmPay makes it easy for people to make payments, buy airtime, and send money from one bank to another and also offers ways to pay electricity bills and TV subs in Nigeria.
The PalmPay app is available to both Android and iOS users in Nigeria. You’ll learn how to create a PalmPay account for yourself in this article you’re reading on NaijaKnowHow.
About PalmPay
PalmPay is a financial technology company that aims to build the future of financial operations across the continent. With the core mandate of using technology solutions to make financial services assessable to all, PalmPay is a top fintech company and it has provided various business opportunities for Nigerians, an example is the PalmPay POS business which is quite similar to Opay POS in Nigeria.
PalmPay also offers a way to apply for loans in Nigeria and it’s often regarded as one of the best loan apps in Nigeria with a cool interest rate. Not to mention those who make money with the PalmPay app. With all these being said, let’s dive more into the steps involved in opening a PalmPay account on Android and iOS in Nigeria.
How to Open a PalmPay Account in Nigeria on Android & iOS
There are two different methods which you can use depending on the device you’re using. If your smartphone is powered by Android OS, then you’ll need to follow the method that works for Android users, and if you’re an iOS user with iPhone or iPad, then use the iOS method.
Method 1: How To Open A PalmPay Account on Android
In this method, we shall be looking at how to open a PalmPay account for android users while using the simple steps.
Step 1: Downloading The PalmPay App
To download the PalmPay app is very easy, all you need to do is visit the Google Play Store or use the app button below, this will take you directly to the PalmPay app download page on your app store. Click on the Install button and wait for the app to download and install automatically.
Step 2: Launch PalmPay & Sign Up
Once the PalmPay app has been installed, now launch it, once you’ve launched the app. You’ll see 4 options beneath your screen, click on Me, then tap the sign-up button. You’ll get a free N110 bonus once the sign-up has been completed. To sign up, you’ll need to enter your Phone Number (verification SMS will be sent to the phone number) > Legal First Name & Last Name, Select Gender, Date Of Birth and click the sign-up button once done, move to the next step.
Step 3: Verify KYC
The last step is pretty much easy, once your account has been created, you’ll need to do KYC and by doing that, you’ll need to submit your NIN, BVN and any mandatory documents that’ll verify you as a PalmPay user.
Method 2: How To Open A PalmPay Account on iPhone
This method is pretty much the same as that of Android, but downloading the PalmPay app on iOS is a bit different, but if you’re an iOS user, just follow the steps below.
Step 1: Download PalmPay On Apple Store
To download PalmPay on iPhone or iPad, go to the Apple Store and search for the PalmPay app, you can use the app button below as well.
Step 2: Launch PalmPay & Sign Up
Once the PalmPay app has been installed, now launch it, once you’ve launched the app. You’ll see 4 options beneath your screen, click on Me, then tap the sign-up button. You’ll get a free N110 bonus once the sign-up has been completed. To sign up, you’ll need to enter your Phone Number (verification SMS will be sent to the phone number) > Legal First Name & Last Name, Select Gender, Date Of Birth and click the sign-up button once done, move to the next step.
Step 3: Verify KYC
The last step is pretty much easy, once your account has been created, you’ll need to do KYC and by doing that, you’ll need to submit your NIN, BVN and any mandatory documents that’ll verify you as a PalmPay user.
Conclusion:
With these methods that have been provided above, opening a PalmPay account on your Android and iOS device won’t be an issue anymore. With the method we’ve provided on how to open a PalmPay account, opening one should be very easy for you. However, if for any reason, you find PalmPay inadequate, then here are the best PalmPay alternatives that provide top-notch financial services too. Don’t forget to leave a comment below.
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