PalmPay Business logo
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Software Status:Active

About PalmPay Business

PalmPay Business is a financial technology platform from PalmPay that provides businesses with payment solutions. It offers features such as electronic invoicing, direct bank transfers, and payment tracking so businesses can manage transactions effectively. The platform aims to simplify payment processes and improve financial management. Users can also access analytics tools to gain insights into their financial performance. With options for integration into existing systems, PalmPay Business caters to the specific needs of various industries. Key capabilities: electronic invoicing direct bank transfers payment tracking analytics tools system integration Best for: small to medium-sized businesses that need reliable payment processing solutions.

PalmPay Business Details

Vendor
PalmPay
Year Launched
2019
Location
No 1, Olusegun Oshoba way Oke-Ilewo besides ACE supermarket Abeokuta Ogun state, Nigeria
Deployment
cloud
Training Options
Countries Served
Nigeria, Tanzania, Ghana, Pakistan, Bangladesh, Uganda
Languages
English
Users
Retail Merchants, Super Agents, E-commerce Brand Managers, Corporate HR Professionals
Industries Served
Retail, Mobile Money / Fintech, E-commerce, Corporate / Payroll Management
Tags
Mobile Money, Bill Payment, Payment Processing, PalmPay

PalmPay Business's In-App Market Place

Does PalmPay Business have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

No

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

NGN (₦)

Pros & Cons

  • Extremely high reliability with success rates far exceeding traditional bank-led POS systems.
  • AI-driven fraud detection enhances safety, preventing common scams and unauthorized transactions effectively.
  • Smartphone-based financing improves accessibility, allowing unbanked vendors to easily digitize payments and operations.
  • KYC verification for higher transaction tiers can be very rigorous, lengthy, and time-consuming for users.
  • Full retail functionality requires a physical PalmPay POS device, which involves an upfront deposit or purchase.

PalmPay Business's Support Options

PalmPay Business's Alternatives