Unveiling PalmPay’s USSD service
Palmpay
PalmPay, a leading fintech platform, has introduced a USSD code (*861#) to provide Nigerians with enhanced financial access and account security, even without internet connectivity.
The service allows customers to perform various banking transactions, including money transfers, bill payments, and credit services. This launch aligns with PalmPay’s mission to bridge the digital access gap and promote financial inclusion.
Chika Nwosu, Nigeria Managing Director, emphasized, “Our USSD service ensures seamless connectivity for our users, and its security feature allows customers to remotely freeze their accounts in case of loss or theft.”
PalmPay has achieved significant milestones in Nigeria, with over 30 million registered users and 1.1 million businesses connected through its mobile money agents and merchants. The company was recognized as one of the World’s Top 250 Fintech Companies in 2024 by CNBC and Statista.
Key Features of PalmPay’s USSD Service:
– Perform banking transactions without internet connectivity
– Enhanced account security with remote freeze option
– Accessible via *861# USSD code
– Part of PalmPay’s commitment to financial inclusion
About PalmPay:
PalmPay is a leading emerging markets-focused fintech platform driving economic empowerment in Africa. With operations in Nigeria, Ghana, and Tanzania. PalmPay plans to expand further in the region and other emerging markets.
