This article will be giving you a comprehensive guide on how you can convert Palmpay points to money in Nigeria. Hence, if you are looking for ways to make money easily, converting Palmpay points to money will not be a bad idea. To get more details on how it works just read this content till the very end as there is additional information that will help you.
How Do I Covert Palmpay Points to Money
Palmpay points are considered to be real money on the app, even If you will have to follow some process of withdrawal, but the usage is normal. Palmpay points can only be used within the app for airtime purchases and bill payments.
It can also be added to transfers and withdrawals. However, with that pointed out, it’s important you know that for every transaction, you will get extra points.
Below are process you can follow to covert Palmpay to money in the app:
- First of all, you will have to download and install the application (App) on your device. You can do this using an app downloader app launcher, like Play Store, palm store, app store, and more.
- After you are done downloading the app, log in to the app, and click on the transaction button.
- Tap on the “airtime payment” bottom.
- To make use of the points, click on “points use” button and you will be shown the “checkout” button.
- When you click on the “checkout” button your payment will be reduced by 50%.
Outside the above steps, you can convert your Palmpoints into PalmCoins and also use them to buy value-for-money items like coupons for payment services and online shopping in the exchange center.
What is Palmpay?
Palmpay is known to be a user-friendly digital wallet that combines bill payments, money transfers, and also account opening. To most people, it is regarded as a money application. It is one of the easiest and fastest means for sending cash between friends and other none close individuals.
Furthermore, it is one of the best means of purchasing airtime, utilities, and more in Nigeria and Ghana. Through this application, you can earn PalmPoints as you spend and also use them for discounting your transactions. Moreso, you can earn PalmPoints for using PalmPoints and also inviting your friends.
How Does PalmPay Work
Indeed, PalmPay has a lot of features that are beneficiary to all its users. And these features render payment services to users. It also makes transactions easy and less time-consuming. In other words, instead of spending your valuable time at a traditional bank, you can use PalmPay. Its charges are fair and less compared to that of traditional banks.
Through this application, you can enjoy virtual top-up services. You can do some affiliate marketing within the application.
Benefits of Using PlamPay – What are the benefits of Using PalmPay
Below are certain benefits the app gives:
- Guaranteed security and safekeeping of user information.
- Low services charge during transactions.
- Earning Bonuses and rewards while making transactions.
- Easy payment of bills and fast VTU services.
- You can make money for each person you invite.
How do I Refer and Earn Money on PalmPay?
You can make good money through this application. This can be done when you refer people. Are you faced with the question of how possible it can be and how can you go about it. Well, you can find that out below:
- First, open the PalmPay app on your mobile device. If you do not have the application on your device, the best thing to do is download and install the app. You can do that through an app downloader.
- When you must have accessed the app, click on the “ME” button.
- Then tap on the invitation displayed.
- When you must have done that, click on the “share” button.
From there, you can copy and paste the link to any social media and share it with friends, or you can decide to share it directly from the mobile app.
How Can I Open a PalmPay Account
Opening a Palmpay account is very simple. You can do that using the steps below:
- You have to download and install the app on your mobile device. If you are using an Android device, you can use an app downloader like play store, palm store, and others. And if you are using an IOS device, you can use the App Store.
- When you are done downloading the app, open the app and register using all requested information. Registration can be done through the signup button.
- Ensure you confirm your mobile number and Pin as you proceed with registration.
Follow all given instructions on the application to complete the process.
Ways To Earn Money on PalmPay – How can I Make Money on PalmPay
You can make money on PalmPay through the following ways:
- Palmforce.
- N50 Grab deals
- Referring a Friend.
- Rewards on all transactions.
- Cashback.
- Awoof Moni.
- Lucky Game and many more.
Is it Safe to Use PalmPay?
YES! It is very safe and secure to use PalmPay. The company understands the importance of confidentiality and has therefore taken it upon itself to ensure that all transaction that is done under its watch is placed on safe ground.
So you know, PalmPay is owned and managed by Transsnet. And Transsnet is a partnership venture between NetEase and Transsion Holdings. It is the manufacturer of Itel, Tecno, and Infinix mobile brands.
How Can I Fund or Deposit Money into My PalmPay Account
It is very easy and quick to fund and deposit funds in your Palmpay account. However, if you don’t know how it is done, you can use the steps below to get an idea of how it is done.
- First, log in to your mobile app.
- When that is done, click on the “fund” button on your profile dashboard.
- Then enter the amount of money you want to deposit.
- Tap on the description of the transaction (optional).
- Pick the payment method you want to use. You can either add a new debit card or pick an already linked debit card.
- Then select your bank from the drop-down list displayed and enter all required information.
- When that is done, enter your security code to continue the process.
Follow all other instructions that will be given on the app to complete the process.
How do I use PalmPay Points?
Palmpay points can be used to make transactions on Palmpay. Furthermore, you can use it to make payments and also convert it to Palmcoins which can be exchanged for value-for-money items in the exchange center.
How do I Redeem my Palmpay Points?
You can redeem your PalmPay points for airtime, and data. PalmPoints can also be redeemed to PalmCoins.
Can I Convert PalmPay Points to Cash?
No, you cannot convert PalmPay coins directly into real cash. This is because it can only be used to purchase coupons, and can also be exchanged for amazing items and also get free prizes in the redeem center.
Can I Borrow Money from my PalmPay Account?
Yes, you can borrow money on the platform as it allows users to do so. As a matter of fact, you can borrow up to #150,000 and some of the loans on the platform are interest-free!
How do I Convert PalmPay Coins to Money?
Well, just as we have mentioned before, you cannot convert PalmPay coins directly into real cash. This is because it can only be used to purchase coupons, and can also be exchanged for exciting items and also get free prizes in the redeem center.
How to Change My Palmpay Number
Here are steps to consider:
- Access the PalmPay app and click on the “ME” button.
- Click on Settings.
- Tap on Mobile number.
- Then, enter your four-digit PIN.
- Enter your new mobile number.
- Click on Continue.
How to Check My PalmPay Account Balance
You can do that by dialing USSD *652# to check your balance or complete transactions.