PalmPay is one of the fastest-growing fintech companies in Nigeria, with more than 30 million active users. Apart from offering users opportunities to perform different kinds of financial transactions, PalmPay has unique features that enable users to make money from their platform.Â
So, if you are looking for a way to earn extra cash, PalmPay may be your sure-plug. Whether you are an existing or an intending user, you can make lots of money from PalmPay. Amazingly, there are no special skills required to earn from PalmPay; all you need is a PalmPay account, and you are good to go.
Some of the ways that you can make money from PalmPay are through cashback on transactions, referring friends and family, becoming their agent, or taking advantage of their bonuses and promotions. These earning methods are quite simple to navigate, and you can make lots of money with them overtime as long as you’re consistent in performing your daily transactions, referring people, and staying alert for promotions.
Simple Ways to Make Money on PalmPay App
There are many ways to earn from the PalmPay app; they include but are not limited to:
1. Cashback on Transactions
This is one of the easiest ways to make money on PalmPay. If you are an avid user of PalmPay who constantly pays bills, buys airtime, or transfers money from the platform, you can leverage their cashback offer to make lots of more. Each time you make a transaction using PalmPay, like paying your electricity bill or buying data, you’re going to earn cashback.
However, it is important to note that the money that you are going to make through PalmPay cashback won’t make you rich because the amount of cashback that you are going to earn is dependent on the number of transactions you carry out. Meanwhile, with time, these little amounts of moany will add up and can give you a decent balance without any extra effort. It is free money that can add up to your account balance.
2. Referral Program: Share and Earn
Another popular way to earn from PalmPay is through their share and earn program. How you earn money from their referral program is that any time you invite someone to join PalmPay from your app dashboard using your unique referral link and they sign up using your referral code, you’ll earn a reward for it. This PalmPay referral program is quite simple, and it involves sending a unique link to your friend, family member, or even colleague at the workplace.
You are going to earn ₦250 commission for each successful referral that signed up to the platform using your referral link; the more people you refer, the more money you earn. However, before you can withdraw your commission, you will need to refer at least five people to the PalmPay platform.
3. PalmPay Bonuses and Promotions
You can also make money from PalmPay special bonuses and in-app promotions. PalmPay runs special offers and in-app promotions regularly. So, you can earn decent money by performing special transactions within the app in line with the platform’s promo conditions. Recently, PalmPay sponsored the African Cup of Nations tournament, where they shared over 100 million naira with their users. And they run these kinds of promotions regularly; you can benefit from them by keeping your eyes on the activities of PalmPay to enable you to participate actively and make money for yourself.
4. PalmPoints: The Reward System
As you may have known, PalmPay has an in-built reward system called PalmPoints, which allows users to earn when they perform certain transactions within the app. The qualifying transactions that you can perform on PalmPay to earn PalmPoints are cable subscription, bill payment, airtime purchase, data subscription, etc. Once you carry out these transactions on the app, you will accumulate the points. Once it reaches the threshold, you can redeem them in the form of discounts or use them to pay for future transactions, which will definitely help you to save money. Sometimes PalmPay offers double or triple points for specific transactions, so keep your eyes on such transactions to make the best of it.
5. Become a PalmPay Agent
The unconventional means that you can use to make money from PalmPay is by becoming their agents. As a PalmPay agent, you will help people within your locality perform different transactions, like cash deposit, withdrawals, fund transfers, etc, through PalmPay, and you earn a commission for each one. This method of earning PalmPay is idle if you have a small shop or kiosk where people can meet you for their different financial transactions.
In the simplest, if you become a PalmPay POS agent, you are going to make lots of money from the platform, especially if you have a large customer base that transacts through your POS terminals.
How to Make Money on PalmPay Everyday Without Paying
You can make money from PalmPay daily without paying by
- Referring people to the platform.
- Becoming a PalmPay agent
- Participating in PalmPay bonuses and promotions.
How to Make Money on PalmPay without Referral
The alternative ways to make money from PalmPay other than through referral are:
- By becoming a PalmPay agent
- By taking taking part in their different bonus and promotion programs
- By receiving cashbacks on your transactions.
- By accumulating PalmPoints.
Conclsuion
There are different ways to make money on PalmPay, but its not going to make you a millionaire overnight. However, it is one of the surest ways to earn extra cash without much stress. You can make money from PalmPay by getting cashback on transactions, referring friends and family, or taking advantage of the platform’s bonuses and promotions. In addition, you can also earn plenty of money by becoming their agent.
Meanwhile, to make lots of money from PalmPay, you will need to be consistent in performing your daily transactions, referring people, and staying alert for promos. With time, your rewards will stack up and be ready for cashout. So, if you’re already using PalmPay, why not maximize it and start earning? A little extra money never hurts anyone!