In light of the recent announcement made by the Central Bank of Nigeria (CBN) regarding the onboarding of new accounts, Palmpay wants to assure its customers that their accounts are safe and secure.
The CBN recently issued a directive stating that any person who want to open new bank accounts must provide their National Identification Number (NIN). This move by the CBN is aimed at enhancing the security and integrity of the banking system in Nigeria.
Palmpay, as a leading mobile payment platform in Nigeria, understands the concerns that customers may have regarding the safety of their accounts. Rest assured, Palmpay has implemented stringent security measures to protect the personal and financial information of its users.
One of the key security features of Palmpay is its robust encryption technology. All customer data is encrypted and stored securely, ensuring that sensitive information remains confidential and inaccessible to unauthorized individuals. Additionally, Palmpay continuously updates its security protocols to stay ahead of emerging threats and vulnerabilities.
Palmpay also adheres to strict regulatory guidelines set by the CBN and other relevant authorities. This ensures that the platform operates within the legal framework and maintains the highest standards of security and compliance.
Furthermore, company has a dedicated customer support team that is available to address any concerns or issues raised by its users. Customers can reach out to the support team through various channels, including phone, email, and social media, to seek assistance or clarification regarding the security of their accounts.
Palmpay remains committed to providing a safe and secure platform for its customers to carry out their financial transactions. With its advanced security measures, adherence to regulatory guidelines, and responsive customer support, Palmpay assures its customers that their accounts are protected and their financial information is secure.
As the CBN’s directive on onboarding new accounts takes effect, Palmpay will continue to work closely with regulatory authorities to ensure compliance and maintain the highest level of security for its customers.



