Africa’s largest domestic payments card and token brand, Verve, partnered with PalmPay, one of digital payments platforms, to launch the PalmPay debit card, at the Tech Unite Africa event recently held at the Muson Convention Centre, Lagos, Nigeria.
The PalmPay debit card, now powered by Verve, offers users a convenient way to perform transactions both online and offline, across 100,000 partner platforms, including popular services such as Google, YouTube, Spotify, Netflix, Showmax, Prime Video, Facebook, Microsoft, Uber and Flywire.
Commenting at the event, chief executive officer, PalmPay, Chika Nwosu, reiterated PalmPay’s dedication to harnessing technology and innovative payment solutions via collaborations.
“PalmPay is dedicated to using technology to broaden financial access,” said Chika Nwosu. This collaboration enables us to offer secure, widely accepted payment cards integrated with the full power of PalmPay’s ecosystem. Together, we’re reshaping how Nigerians experience digital finance.”
Managing director of Verve, Vincent Ogbunude, emphasised the importance of strategic partnerships in expanding access to digital financial services for Nigerians. He said: “At Verve International, we are committed to enabling seamless and secure payment experiences that drive financial inclusion across Africa, and we continue to seek collaborations that drive this vision.
“Our partnership with PalmPay is a testament to this commitment. By powering their debit card, we are doing more than enabling transactions; we are helping to build a stronger payment ecosystem that gives millions of Nigerians greater control over how they spend, save, and manage their finances.”
The Verve-powered PalmPay debit card provides users with exclusive benefits, including fast and secure transactions, rewards on purchases, and seamless integration, offering both contactless and physical cards that facilitate transactions for an increasing number of international services in local currency.
