Palmpay Broadens Financial Access With New Debit Card

To drive financial inclusion in Nigeria, fintech platform, PalmPay, has launched a new debit card in partnership with domestic card scheme, Verve, expanding access for customers.

Managing Director of PalmPay Nigeria, Chika Nwosu, stated that the debit card is seamlessly integrated with the PalmPay wallet, combining the convenience of a traditional bank card with the speed and flexibility of a digital platform.

He said: The cards key features include zero maintenance fees, easy in-app application and nationwide delivery, exclusive cashback and merchant rewards, full wallet integrationincluding access to high-yield savings up to 16 per cent APR, paid dailyand seamless offline and online payments across the Verve network.

The card is accepted at all major payment terminals within Nigeria, offering both debit and contactless payment options. With this launch, PalmPay aims to redefine the everyday banking experiencemaking it more accessible, reliable, and rewarding.