Leading
fintech company PalmPay has rewarded thousands of its point of sale (POS)
agents under its agency banking platform with N200 million worth of cashback in
its recently ended 2023 end-of-year promo.
The
reward initiative, which was held from December 1 to 31, 2023, with the winners
spread across Nigeria, had 60,000 participating Agents and produced 12 grand
prize winners across the country, who were rewarded with N200,000, N100,000 and
N50,000 respectively. Other participating Agents got loads of Cashback.
Earlier
speaking on the campaign, Chika Nwosu, Managing Director, PalmPay, said the
promo was to appreciate the over 500,000 strong Agent bankers for their
dedication in helping grow the PalmPay brand over the years.
“That
PalmPay has become a household name deeply ingrained in the local ways of life
of our users, is due to the dedication and hard work of our growing
500,000-plus agents, who continue to offer our payment products to Nigerians.
“As
partners in our drive to bridge Nigeria’s financial inclusion gap, it was only
natural that we reward these amazing agents for their unwavering commitment to
see that PalmPay succeeds in this mission to empower Nigerians,” Mr Nwosu said.
During
the grand prize presentation for the Lagos region, the winner, Abubakar
Muhammed, thanked PalmPay for organizing the end-of-year promo, attributing his
entrepreneurial success in 2023 to the support that PalmPay offers its agents.
“The
reward has been useful in supporting my business. I used the money which was
paid into my wallet as cashback to renew my shop rent and sort out other
personal issues,” Mr Muhammed revealed while thanking PalmPay.
He
urged other interested entrepreneurs looking at getting into Nigeria’s thriving
agency banking business to choose PalmPay, adding that the fintech platform has
the best offerings among other competing brands in the industry.
To
become a PalmPay POS agent, visit https://palmpay.com/agent/pos to fill out the
application form with your personal and business details, including your name,
address, phone number, and email address, and submit the application for
approval.
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