Posts

Showing posts with the label CBN

Palmpay unveils USSD code for enhanced financial access

Image
  PalmPay, a financial platform in Nigeria, says it has launched a USSD code to empower its users with financial access.   Mr Chika Nwosu, the Managing Director of PalmPay Nigeria, made this known in a statement in Lagos on Monday.   He said the service offered Nigerians an additional mileage to manage their finances without internet connectivity.   According to Nwosu, with the PalmPay USSD code, customers can now perform a wide range of banking transactions by dialing *861# from their mobile phones.   “The USSD access point is designed to further enhance the accessibility and convenience of the platform for consumers in a market where data network outages are common.   “At PalmPay, we aim to bridge the gap in digital access, and the introduction of our USSD service aligns with that mission.   “The USSD platform comes with a security feature which allows customers to remotely freeze their accounts in case their phone is lost or stolen, providing an ext...