PalmPay, one of Africa’s fastest-growing fintech platforms, has officially launched the PalmPay Debit Card in partnership with Verve, Africa’s largest domestic card scheme. This collaboration aims to enhance financial inclusion by providing seamless digital payment access.
With over 35 million users and 1.1 million agents and merchants across Nigeria, PalmPay is evolving into a full-scale digital financial services provider. The new debit card is fully integrated with the PalmPay wallet, offering:
Zero maintenance fees
Easy in-app application & nationwide delivery
Exclusive cashback & merchant rewards
Access to high-yield savings (up to 16% APR, paid daily)
Seamless online & offline payments via the Verve network
The card supports both debit and contactless transactions at major payment terminals in Nigeria. PalmPay is also launching PalmPay Premium, a special offering for high-volume users with benefits like priority support, higher cashback, and advanced financial tools.
PalmPay’s Managing Director, Chika Nwosu, highlighted that this partnership with Verve will broaden financial access and reshape digital banking in Nigeria. Verve’s Managing Director, Vincent Ogbunude, emphasized their shared mission to drive payment innovation and financial inclusion across Africa.
By integrating digital payments, savings, credit, and now cards, PalmPay is redefining accessible and rewarding digital banking for Nigerians.
