PalmPay
Country: Nigeria (NG) | Payment Rail: real_time_payment
DigitalWallet
Market Adoption: 35%
PalmPay is a highly popular digital wallet in Nigeria, offering instant transfers, recharges, and consumer payments with high transaction success rates.
🔄 User Payment Flow
- Customer selects PalmPay at checkout and enters mobile wallet number
- Checkout redirects to PalmPay mobile app or displays PalmPay checkout portal
- Customer logs in, reviews bill and enters transaction PIN to authorize payment
- PalmPay clears transaction in real-time and updates order status
⚙️ Characteristics & Settlement
| Instant Payment | YES |
| Supports QR | YES |
| Supports Recurring | YES |
| Supports Refund | YES |
🛠️ Merchant Integration Steps
- Merchant creates payment request via PSP with PalmPay details
- PSP triggers redirection or API collect call
- PSP triggers payment success webhook once PalmPay network confirms clearing
🚀 Supported Payment Gateways & Acquirers (PSPs)
🔌 Paystack