KPMG Recognises PalmPay for Excellence in 2024 West Africa Banking Industry Customer Experience Survey

PalmPay, a leading Africa-focused fintech platform, has been recognized in the 2024 KPMG West Africa Banking Industry Customer Experience Survey for delivering exceptional customer experiences and surpassing traditional banks in key areas of service delivery.

The survey highlights PalmPay’s strong performance across multiple stages of the customer journey, with customers praising the platform’s seamless transaction processing, reliability, and innovative features.

PalmPay achieved a notable Customer Experience (CX) score of 81.6, ranking among the top fintechs in the region and cementing its position as a leader in Nigeria’s fast-evolving digital financial services landscape.

The KPMG survey evaluates customer experience across six key pillars of excellence:  Integrity, Resolution, Expectations, Time & Effort, Personalisation, and Empathy. PalmPay excelled in delivering seamless experiences, streamlining processes to reduce customer effort, and fostering trust through proactive and transparent communication.

“We are honored to receive this recognition from KPMG, which underscores our unwavering commitment to providing accessible, reliable, and innovative financial solutions to Nigerians,” said Chika Nwosu, Managing Director at PalmPay.

“At PalmPay, we continuously strive to redefine the banking experience by addressing customer pain points, streamlining transactions, and ensuring that our customers can trust and rely on us for their everyday financial needs.”

According to the survey, PalmPay was commended for its minimal network downtime, swift issue resolution, and proactive communication with users. Customers highlighted the platform’s ability to notify them in advance of scheduled maintenance, reinforcing trust and reliability.

A customer featured in the report stated, “PalmPay hardly has network issues and they have saved me from embarrassment”, reflecting the platform’s reliability and user satisfaction.

PalmPay’s recognition aligns with the company’s mission to drive financial inclusion by offering user-friendly, tech-driven solutions that meet the needs of underserved communities.

Through strategic partnerships and continuous innovation, PalmPay remains dedicated to enhancing the customer journey and expanding access to financial services across Nigeria.

Hot this week

NAICOM, NCRIB, NCC, NLNG, Guinea, Stanbic IBTC Holding, Leadway, Universal, Others Drum Support for SUPERNEWS Confab July 7

Bluechip firms, government agencies and reputable organisations from various...

NCC Chief, Aminu Maida, is Special Guest of Honour at Business Journal Fintech & Financial Inclusion Roundtable 2026

Dr. Aminu Maida, Executive Vice-Chairman/CEO, Nigerian Communications Commission (NCC)...

WorldStage to Present Nigeria’s Economic Report Q1 2026 at Business Forum

World Stage Limited (WorldStage), a Nigerian-based research and technology-driven global focused firm...

Topics

Flydubai at Dubai Tourism East Africa Roadshow

Dubai-based airline flydubai is participating in Dubai’s Department of...

‘Insurance Sector Will Grow in 2017’

Mutual Benefits Assurance Plc recently celebrated its 21st anniversary...

SEC, Capital Market Community Holds Q3 CMC Meeting Nov 16

The Securities and Exchange Commission (SEC) is set to...

FCMB May Shut 36 Branches to Save Cost

There are growing indications that First City Monument Bank...

Telco’s Tariff Increase and NCC’s Patriotism

 By Toby Prince In the heart of Nigeria's digital economy,...

Bloom Weekend 2025: Empowering Women to Lead, Innovate, Thrive

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings,...

$1tn Economy: Experts to Discuss Insurance, Pension Impact at NAIPE Confab

The Nigerian Association of Insurance and Pension Editors (NAIPE)...