PalmPay Resumes Onboarding New Customers After CBN Review

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PalmPay, a digital financial services provider, has announced the resumption of onboarding new customers. This development follows a thorough review by the Central Bank of Nigeria (CBN), ensuring compliance with regulatory standards.

Effective immediately, both individual and business users can once again register for PalmPay’s services. The company expressed its excitement about this milestone, emphasizing its commitment to expanding access to secure and reliable financial solutions for Nigerians.

“We are thrilled to continue our mission to provide more Nigerians with access to secure and reliable financial services,” a PalmPay spokesperson stated. “This resumption marks a significant step forward in our efforts to enhance financial inclusion and support economic growth.”

PalmPay’s platform offers a wide range of services, including money transfers, bill payments, and merchant payments, designed to facilitate seamless and convenient financial transactions. The company aims to leverage technology to bridge the gap in financial access across the country.

With the CBN’s endorsement, PalmPay is poised to further solidify its position in the Nigerian financial technology sector, driving innovation and customer-centric solutions.

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