How to Fund Your PalmPay Account in 6 Quick & Easy Ways

With a wide range of financial services, PalmPay is undoubtedly one of the best fintech companies in Nigeria.

The PalmPay app lets you send, receive, and save money without stress. However, funding your account as a newbie may be a little bit stressful since it’s your first time.

That is why in this post, we’ll show you exactly how to fund your PalmPay account easily whether it’s your first time using the app, or you’re an already existing customer.

Ways in adding money to your PalmPay account that we will be showing you here include bank transfer, USSD code, cash deposit, and lots more.

Are you ready to know them all? Then, let’s get started!

Funding PalmPay Account

After creating or opening a PalmPay account as a new user, one of the things you want to do immediately is to add money to your account to keep your account rolling.

Funding a PalmPay wallet is super easy, as all you need is the PalmPay app, and you’re good to go.

The minimum amount of money that can be deposited into your PalmPay account is ₦100, while the maximum amount you can add to your account depends on your account type or level.

Yes, there’s a limit to the amount you can transfer to your PalmPay wallet at once depending on your account level.

Usually, a new account that has not been linked with a BVN cannot add more than 50,000 Naira (₦50,000), while an account that has been linked with a BVN can deposit up to 200,000 Naira (₦50,000) per day.

More so, funding a PalmPay account is free, as you may even be rewarded for funding your account instead of being charged.

With all that being said, let’s answer the question – how to fund my PalmPay account. 

Check Out: How to Transfer Money to PalmPay from GtBank

How to Fund Your PalmPay Account

To fund your PalmPay account, you’ll need to Open the PalmPay app on your phone, log in to your account, click on the “Fund” button, then select from the list of options to fund your account which include.

Check Out: List of All PalmPay USSD Code

Inter Bank Transfer

The first method on the list of PalmPay account funding options is the inter bank transfer method that lets you find your account by sending money from other banks to your PalmPay account.

This method can be implemented by simply following the step-by-step guide below.

• Click on the “Inter Bank Transfer” option
• Copy your PalmPay account number
• Click on the bank you want to add the fund from
• Then, follow the instructions of the bank in sending money to your PalmPay account.

That’s simply how to transfer money to PalmPay account using the bank transfer method. Once done as instructed, the money will be deducted from your bank account and credited into your PalmPay wallet within a few seconds.

USSD Code Funding

Another method that answers the question “how to fund my PalmPay account” is the USSD code method.

This method is commonly referred to as the PalmPay USSD code for account funding and can be used by gently following the steps below.

• Click on the “Fund” option on your PalmPay account dashboard
• Select the “USSD” option from the list
• Enter or select the amount you want to add to your wallet
• Select the bank to transfer from, and click on the “Confirm” button
• Now, copy the code on your screen
• Dial the code, and enter your bank transaction pin to authorize the transfer.

That’s all, I mean that’s basically how to transfer money to PalmPay using USSD code. 

Related: How to Create a Free PalmPay Account

Cash Deposit

If the money you want to deposit into your PalmPay account is not in your bank account or is in cash, you can also add it to your PalmPay wallet, just that it may cost more.

This can be done by simply walking to a nearby PalmPay POS agent (Merchant), asking for an account funding service, and giving the agent the cash as well as your PalmPay account number. Then, the agent will ask you to confirm your account details, and once confirmed, the money will be added to your PalmPay account in seconds.

Bank Card

If your bank card (ATM card) is with you, you can also easily fund your PalmPay account using it.

All you need to do is follow the instructions below

• Click on the “Fund” button on your dashboard
• Select the “Bank Funding” option
• Select or enter the amount to add to your account
• Add your ATM card details (Number, expiry date, and CVV)
• Proceed by entering your ATM card pin to make a payment

That’s it, the money will be deducted instantly from Your bank account and credited into your PalmPay account in seconds.

See Also: How to Get PalmPay POS Machine

Requesting Money from Other PalmPay Customers

Another amazing way of funding your PalmPay account is by requesting funds from other PalmPay users.

The users you can request funds from are usually the people you know because this feature works with your phone’s contact.

To implement this method, Click on the “Fund” option on your dashboard, select the “Request Money” option, and find and select the contact you want to request money from. After that, PalmPay will send your money request notification to that contact and the money will be added to your account if the user approves the request.

That’s simply how to send money to your PalmPay account from another user.

How to Fund PalmPay Account Using Ussd Code

While banks like Gtb, Access, Zenith, etc, offer a mobile money funding service that you can use to fund your PalmPay account using USSD, it may be hard to do so with other banks.

Therefore, you can fund your PalmPay account using USSD code by following the easy step-by-step guide below.

1. Click on the “Fund” option on your PalmPay account dashboard
2. Select the “USSD” option from the list
3. Enter or select the amount you want to add to your wallet
4. Select the bank to transfer from, and click on the “Confirm” button
5. Now, copy the code on your screen
6. Dial the code, and enter your bank transaction pin to authorize the transfer.

That’s simply how to fund PalmPay account using USSD code.

With this simple guide on how to transfer money to PalmPay account, we believe that we’ve been able to answer the question: of how to fund my PalmPay account.

Peace!