Following the Electronic Money Transfer Levy of N50, charged by the Federal Inland Revenue Service (FIRS) on every electronic inflow of N10,000 and above, operators of...
Digital payment banks like PalmPay, OPay, Moniepoint, among others have started the implementation of N50 stamp duty collected by the federal government. The fee, known as...
PalmPay has announced a firm deadline of July 7, 2024, for all Point of Sale (POS) operators using its platform to register with the Corporate Affairs...
Fintech companies across the country have been instructed to report all crypto trades to relevant authorities. This directive comes amidst the recent freezing of 105 accounts...
The Central Bank of Nigeria’s (CBN) has directed four leading fintech companies, OPay, Palmpay, Kuda Bank, and Moniepoint to halt the onboarding of new customers pending...
PalmPay, a prominent fintech platform boasting over 30 million registered users, has introduced a stringent requirement for new users. The latest in-app update mandates that individuals...
As electronic payment platforms gain traction, the need for consumers to be conscious of their online security becomes paramount. Recent data highlights a surge in Nigerians...
OPay currently boasts the largest network of agents, with 563,262, followed by PalmPay with 500,000 agents and Moniepoint with 322,266 agents.
PalmPay, a leading Nigerian financial platform, has unveiled its latest product - a high-yield savings feature that offers its customers the opportunity to earn up to...
A new report has shown that Chinese-owned fintech apps Opay and Palmpay are the most downloaded digital banks in Nigeria in 2023, thanks to the cash...