PalmPay: USSD Code, Transfer Charges, SWIFT Code & Rates
Digital bank · PalmPay · ₦5M NDIC coverage
Highest savings rate — SmartEarn reach 22%. Tecno/Infinix back am.
Transsion Holdings back am. SmartEarn give reach 22% interest — the highest savings rate.
PalmPay na Digital bank (CBN license, NDIC dey insure am) wey dem start for 2019 (7 years ago), and na Transsion / Africa Finance Corp dey operate am. For 2026 e dey serve about 35M+ customers.
- Dem start am
- 2019 · 7 years dey serve Nigerians
- Owner company
- Transsion / Africa Finance Corp
- Customer base
- 35M+
- Bank type
- Digital bank (CBN license, NDIC dey insure am)
- Website
- palmpay.com
- Address
- Plot 4B Emeka Anyaoku Street, Ikeja GRA, Lagos, Lagos
If you dey do 20 transfer, 4 other-bank ATM visit, and 30 SMS alert every month:
This na the cheapest for the tracked banks at this usage pattern.
Compare with all 23 bank →Time to open: 3 minute · Online through app
- BVNBank Verification Number. Get one for any bank branch if you no get.
- Nigerian phone numberFor OTP verification during signup.
- Live selfieFacial verification — dem match am against BVN photo.
The highest savings rate for Nigeria. Lock your money for 30-365 days and earn reach 22% every year.
PalmPay dey pre-installed for all new Tecno, Infinix, and itel phone — 200M+ device.
Buy airtime at face value — no service charge, no markup. ₦1,000 airtime cost ₦1,000.
Weekly locked-savings challenge — save ₦X for Y week and earn bonus interest on top of standard rate.