PalmPay is a mobile payment platform that provides its users with the ability to pay for a wide variety of services and products in an easy and convenient manner.
PalmPay allows users to make purchases and conduct other types of transactions using PalmCoins, a form of digital currency. PalmCoins are one of the features that make PalmPay so useful. In the following paragraphs, we will go over the steps required to use PalmCoins on PalmPay.
First, get the PalmPay app by downloading and installing it.
To begin using PalmCoins, you will first need to obtain the PalmPay application for your mobile device and then install it. The application is downloadable from either the Google Play Store or the Apple App Store and is compatible with mobile devices running either Android or iOS.
Step 2: Create an account and make sure it’s verified.
After you have successfully downloaded and installed the application, you will need to register your account and verify it. It is necessary for you to provide your personal information, including but not limited to your name, phone number, and email address. Following the completion of registration, you will be required to verify your account by supplying a number of supplementary pieces of information and documentation.
The third step is to add funds to your PalmPay wallet.
It is required that you have funds in your PalmPay wallet in order to use PalmCoins. You can put money into your wallet using a number of different payment methods, including a bank transfer, a debit card, or even USSD. After you have added funds to your PalmCoin wallet, you will then be able to use PalmCoins.
Proceed to Step 4 to make your purchases using PalmCoins.
Simply go to the “PalmCoins” section of the app whenever you want to make a purchase using your PalmCoins. In this section, you will be able to view the current balance of your PalmCoins as well as the products and services that can be purchased with PalmCoins. Select the good or service that you would like to buy and then choose the option to “Pay with PalmCoins.” After you have confirmed the transaction, the product or service will be sent to you for delivery.
Step 5: Distribute PalmCoins to a variety of different users.
On the PalmPay platform, you can also transfer PalmCoins to users who are not associated with your account. To transfer your PalmCoins, open the app and go to the “PalmCoins” section. From there, select the “Transfer” option. In order to complete the transaction, you will need to enter the amount of PalmCoins you wish to send as well as the phone number or PalmPay account number of the recipient.
Because one PalmPoint is equivalent to one naira, the exchange rate for fifty PalmPoints is fifty naira. You are able to use up to fifty percent of your PalmPoints to receive a discount on your airtime and payments through PalmPay.
For example, if you want to buy N200 worth of airtime, PalmPay will take 100 PalmPoints and N100 out of your wallet before crediting you with N200 worth of airtime. You can receive a cashback of up to 1-6 percent.Using PalmCoins to make purchases and conduct other transactions on the PalmPay platform is a convenient way to do so.
Downloading and installing the PalmPay app, registering and verifying your account, loading money into your PalmPay wallet, and using PalmCoins to make purchases or send them to other users are the requirements for using PalmCoins. You will be able to enjoy the benefits of digital currency and enjoy transactions on the PalmPay platform that are hassle-free if you follow these straightforward steps.