FinTech platforms like PalmPay run all operations fully online, but they sure do have branch offices in a few locations. This may prove useful in solving problems that require physical attention. You may not feel protected when saving your money in those online banks, but rest assured that they’re all verified and licensed by CBN, just like your normal banks. This article on Naijaknowhow focuses on the best PalmPay alternatives for Android and iOS. Yes, there are other digital banking platforms that offer similar (if not better) features and services like PalmPay. These FinTech apps let you send and receive money with ease, take loans when you’re in need of quick cash, and also give you the ability to make bill payments fast and easily. You may want to check our article that discusses how to make money with PalmPay. It lets you in on credible and effective methods you can earn using the app. Also, read on how to open a PalmPay account on your smartphone if you find it difficult to open an account.
List of the Best PalmPay Alternatives for Android and iOS
If you’re an avid user of PalmPay app and you’re satisfied with its services, then you should try out other FinTech platforms that similar or better than it. Below are our best picks of apps like PalmPay you may use.
1. Opay
Opay is one of the oldest and most credible FinTech platforms in Nigeria currently. This app focuses mainly on saving, investment, and loans. Yes, it allows you to send and receive money with ease, using a custom account number. Opay app has a nice user interface where all important services are placed directly at the top for you to access. Once signed up with your details on this app, you’d be able to make limited transactions. If you wish for your transaction limits to be upgraded, then you must verify your identity using a national id card, utility bills, national passport, or driver’s license. Opay app is regarded as one of the best PalmPay alternatives to use for basic online banking services. If you want to become an Opay merchant, you should read our article on how you can apply for OPay POS Machine in Nigeria.
2. Kuda
Personally, I’d say that Kuda Bank app is currently the best FinTech and digital banking platform at the moment. Talking about its design and interface, it spots one of the best so far. Navigating through the app and accessing its features feels like breeze. Kuda bank lets you take overdraft loans when you’re in need of quick cash to solve needs. Kuda Bank app offers its customers free transactions between other kuda accounts. But there’s some percent charge if you’re transacting with accounts affiliated with other banks. KudaBank requires full identity verification should you be looking to upgrade your transaction limits. This process is not tedious. They only require face verification and your national id card (NIN).
3. Chipper Cash
Chipper Cash is another digital banking platform worth trying out. Though this app offers a small transaction limit compared to others even after full identity verification and upgrade, it still is one of the best PalmPay alternatives to use. Chipper Cash app offers great services when it comes to sending and receiving money, making bill payments, and buying airtime. If you fancy the idea of investing and you’re good at stock market and crypto trading, then you should definitely look into this platform. Chipper Cash app lets you create two virtual debit cards of both NGN and USD currency. You will be able to fund and use these debit cards to make certain payments, though they mostly work for subscribing to services like Netflix, Spotify, and Apple Music.
4. Barter by Flutterwave
Barter is an online digital banking service offered by Flutterwave. This platform gives its users an intriguing experience for better banking. You will find it easy to make transactions without any problems if you are using this app. Barter also lets you make bill payments directly from the app. It has one of the best straightforward user interfaces for mobile phones. Barter app lets you create a virtual dollar account that proved useful when making payments to online shipping sites outside of Nigeria. But this service is currently shut down as a result of the directive from CBN. Barter is definitely one of the best PalmPay alternatives you may want to try out. Yes, it offers limited services but definitely performs well in specialized areas.
Conclusion
This listicle contains the list of the best PalmPay alternatives that are accessible both on Android and iOS devices. These FinTech and digital banking platforms remain the best when it comes to offering great and satisfying services to their users and customers. Do you have any other in mind? Do let us know via comments. Cheers!
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