Payments4.5 / 5.0 Rating
PalmPay Review
Tunde "Gadget" Bakare
January 10, 2026 • Fintech Analyst
The Overview
PalmPay is a mobile payment app that rewards users for their transactions. With a focus on incentives, it offers cashback and discounts on airtime, data, and bill payments.
Platform Availability
Android, iOS
What We Loved
- •Best reward system in Nigeria
- •Very fast transaction speeds
- •Great for frequent bill payers
- •Intuitive design
Room for Improvement
- •Gamification can be distracting
- •Occasional marketing spam
Our Verdict
"If you want to get paid for spending your own money, PalmPay is the app for you."
App Specifications
FeesLow to zero fees with rewards
Interest RateUp to 16% APY on Cashbox
SecurityCBN Licensed, NDIC Insured
SavingsAvailable
InvestmentsNo
Core Features
CashbackReferral bonusesPalmPointsGroup savings