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

Cardoso, Okonjo-Iweala to Headline 7th Africa Emerging Markets Forum in Abuja

A high-level fireside dialogue between the Governor of the...

Stanbic IBTC Named Winner in Four Categories at Euromoney Awards for Excellence 2026

Stanbic IBTC, a member of Standard Bank Group, was...

NGX Group Delivers Record First-Half Performance, Announces ₦1.30 Interim Dividend

Revenue rises 118% as profit before tax increases 170%,...

DataPro: Beyond the Balance Sheet: A Thorough Approach to Ratings

“In today’s complex financial world, your creditworthiness is your...

NAICOM Pledges Support for Lagos State Building Insurance Scheme

Keynote Address by Mr. Olusegun Ayo Omosehin, Commissioner for...

Topics

AGF: Why We Discontinued Legal Action Against Fidelity Bank CEO

The attention of the Office of the Attorney General...

Jobberman, Mastercard Target 5m Job Seekers in Alliance for Better Work Initiative

Jobberman, a major job placement website in sub-Saharan Africa,...

Babacar Ndiaye: Emotional Tribute From African Development Bank

Babacar Ndiaye, the Bank Group's fifth elected President, who...

Sovereign Trust Insurance Reports N10.5bn Premium in 2018

Sovereign Trust Insurance Plc says it recorded Gross Premium...

Sovereign Trust Insurance Wins “Best Digital Innovation Insurance Company of the Year’ Award

L-R: Segun Bankole, DGM/Head, Corporate Communications & Investor Relations...

Life Expectancy in Africa

Nigeria Health Statistics Total population 158,423,000 Gross national income per capita (PPP...

‘NCC Not Disqualifying Nigerians Below 18 From Getting SIM’

The Nigerian Communications Commission (NCC) would like to draw...