Palmpay – Platformsafrica

Hackers, Fraudsters On Rampage: 8 Ways To Secure You Bank Account

June 28, 2024 ADEOLA YUSUF

Fintech Firm, Palmpay, leads financial education campaign for customers against fraudsters, hackers PalmPay, a leading fintech company in Nigeria has listed key steps necessary to secure financial transactions on its platform. According to the Head of Marketing and Communications, PalmPay, Enakeno Umuteme, securing one’s financial transactions and personal information has become more important than ever with the evolution of technology or the digital age. Data obtained by the 2023 NIBSS Annual Fraud Landscape report, revealed that incidents of fraud loss via Internet Banking increased by 325% between 2022 and…

CBN Stops OPay, Palmpay, Moniepoint, Kuda From Onboarding New Customers

April 30, 2024 Ganiyu Amodu

The Central Bank of Nigeria (CBN) has directed OPay, Palmpay, Kuda Bank, and Moniepoint to stop onboarding new customers until further notice over alleged illegal forex dealings. Recall that a Federal High Court in Abuja had earlier approved an interim order requested by the Economic and Financial Crimes Commission (EFCC) to freeze at least 1,146 bank accounts owned by various individuals and companies allegedly involved in illegal foreign exchange transactions. Justice Emeka Nwite, in a decision on the ex-parte motion presented by the anti-graft agency’s lawyer, Ekele Iheanacho, also approved…

Is CBN Suspending OPAY, PALMPAY? Here is The Truth

March 27, 2023March 28, 2023 ADEOLA YUSUF

Numbers of Opay and PalmPay users in Nigeria have reached 40 million The Central Bank of Nigeria (CBN) has made clarification on viral reports that it has suspended accounts of some Fintech companies like OPAY and PALMPAY. Platforms Africa reports that the apex bank refuted the reports, describing it as fake news. READ ALSO: Naira Crisis: Millions of Nigerians Already Dragged Into Mental Illness – Expert How I Rake In N245,000 Weekly From Lagos Motorists – Fake LASTMA Officer BREAKING: NLC Declares Nationwide Strike Over Naira Scarcity Cash Crunch:…

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