Palmpay Points: How to Use, Withdraw, Convert & More
Welcome to Nairaonline blog, in this post, I am going to teach you everything you need to know about Palmpay points, such as how to withdraw Palmpay points, how to use Palmpay points, how to convert Palmpay points, etc.
So if you are eager to know about Palmpay points, all you need to do is read this post from the beginning to the end, I will show you everything step by step in a straightforward sense so you don't get confused in the process.
Most Palmpay users have no idea what Palmpay points are, some of them don't even know that they have Palmpay points on their accounts
If you fall in that category, you should pause for a few minutes and read this post, because after today, you will be happy you come across this post today.
So, now, without wasting much of your time, let's dive right into the post. Below are some related posts you should check out after reading this one.
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Table of contents
What is Palmpay?
Palmpay is a personal finance application, It provides users with the ability to make payments, transfer money, pay bills, and perform other financial transactions using their smartphones. Palmpay aimed to be a convenient and secure solution for individuals to manage their money and conduct transactions digitally.
Aside from all these, Palmpay rewards its users with amazing bonuses like cashback, Palmpay points, free transactions, loans, etc.
Over the past few years, Palmpay users have increased massively because of the fantastic experience users get from it.
And another good thing that lead many people to use Pampay is that, as a safe financial service, Palmpay is licensed by the Central Bank of Nigeria (CBN).
This indicates that Palmpay is safe for everyone to use, if you don't already have an account, read how to open a Palmpay account for a detailed guide.
What are Palmpay points?
Palmpay has been rewarding its users with many bonuses, as long as you are a verified user, you can also get rewarded for using the Financial app, and one of the ways Palmpay uses to reward their users is what we call Palmpay Points, PalmCoins or PalmPoints.
PalmCoins are small tokens given to all active Palmpay users, users can earn Palmpay points when they use their Palmpay accounts to transfer money, receive money, pay bills, invite new users, etc.
And after earning enough Palmpay Points, you can choose to convert the PalmPoints, then use them to buy airtime, pay bills, or even withdraw it to your balance and spend it like real money.
1 PalmCoin is equal to 1 Naira, so if you earned 1000 PalmCoins, it is equivalent to 1000 Naira.
This is just one of the reasons why many people love using the Palmpay App.
How to earn Palmpay points
PalmCoin is a cool way Palmpay has been using to reward their users, and it is also very easy to earn more of them, below are a few steps to earn PalmCoins.
1. Sign up through a referral link to earn 500 PalmCoins
2. Invite new users to earn 500 PalmCoins per user
3. Regularly use your Palmpay Account to earn More PalmCoins
4, Claim free Palmpay Points on the reward section of the app
Above are the things you can do to earn Palmpay Points. you should also lookout for new ways to earn Palmpay Points because they may add new ways anytime.
How to convert Palmpay points to money
Palmpoints also known as Palmcoins or Palmpay Points can be converted into real cash, this means that if you have 1000 Palmpay Points, you can easily convert it into money and then spend it on whatever you want.
Although there is no straight way to convert Palmpay Points to money, there is a way to do it and I will show you below.
1. Go to your Palmpay points section
2. Sell the Palmpay points for airtime
3. On your Palmpay account, click "Convert Airtime to Cash"
4. Convert the airtime you bought with the PalmCoins into cash
5. Withdraw the cash to any bank or use it to pay bills
If you follow the above steps, you will be able to convert your Palmpay Points into money. Take note that 1 Palmpay point is equivalent to 1 Naira.
How to withdraw Palmpay points
If you want to withdraw your PalmCoins, the process is similar to the steps you take to convert your Palmcoins to cash.
To withdraw your PalmCoins, first convert the palmCoins to airtime, then convert the airtime to cash and then you can withdraw the money to any bank account of your choice.
Just in case you jumped the steps where I showed how to convert PalmCoins to money, just scroll up a little bit and you will see exactly how to go about it, it is very easy.
How to use PalmPay points
Palmpay has made using your PalmCoins flexible. Now you can use your Palmpay Points to buy airtime, buy data subscriptions, pay bills and even convert Palmpoints to real money.
To use your PalmCoins, go to the reward section of your Palmpay app, on the top of the screen, click "Reward" and you will see all your available Palmpay Points.
Click on any of the PalmCoins and then you can choose to convert it to airtime, or redeem items in the coin mail.
Palmpay Points FAQ
What is the equivalent of PalmCoin to Naira?
1 PalmCoin is equal to 1 Naira, so if you have 100 PalmCoins, that's equivalent to 100 Naira.
How to convert PalmCoins to PalmPoint
PalmCoin and PalmPoint are generally the same things, so there is no way to convert Palmcoins to PalmPoints or vice-versa.
Conclusion
Now, I believe you know everything you should know about palmpay Points also known as PalmCoins or PalmPoints. However, if you have any questions, you can leave them in the comments below.
If you have anything to contribute to the post, contributions are welcome here.
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Thanks for reading
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