PalmPay
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Nigerian fintech companies have warned their customers against trading in cryptocurrency or any virtual currency on their apps, threatening to block any accounts found engaging in such activities. At least four fintechs—Opay, Moniepoint, PalmPay and Paga—have communicated this development to their customers on Friday. Last week, the Central Bank of Nigeria stopped major fintech firms…
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Ahead of the January 31, 2024 deadline by the Central Bank of Nigeria (CBN) for existing users of fintech companies to upgrade their wallets, leading fintech company PalmPay has urged its users to upgrade their KYC details. https://www.palmpay.com/ Fintech users affected by the CBN directive are grouped into three categories. New users are mandatorily required to…
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