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

PufferPay CEO, Emmanuel Ovaga, to Keynote Business Journal Fintech & Financial Inclusion Roundtable 2026

Mr. Emmanuel Ovaga, the Chief Executive Officer (CEO) of...

SERAP asks Akpabio, Abbas to Explain ₦1.3bn Allocation to ‘Fictitious Presidential Council’

The Socio-Economic Rights and Accountability Project (SERAP) has urged...

FG to IMF: Response to Recent Misrepresentations on Public Expenditure

The Federal Government has noted recent public commentary alleging...

Topics

IATA: Analysis of Brexit on Air Transport Industry

The International Air Transport Association (IATA) released preliminary analysis...

Africa Insurance & Reinsurance Conference for Kenya

The 6th Annual Africa Insurance & Reinsurance Conference 2016,...

Stanbic IBTC Pension Deepens Access to Pension with New Branch

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC...

African Capital Alliance Acquires 49% of Continental Re

Private equity firm, African Capital Alliance (ACA) announced in...

Linkage Assurance Reports N6.52bn Gross Premium in Q4 2019

  Daniel Braie Managing Director/CEO Linkage Assurance Plc Linkage Assurance Plc has recorded...

Leadway Capital & Trusts Targets Leadership Position in Trusteeship Industry

L-R: Risk and Compliance Officer, Leadway Capital and Trusts...

Ecobank: Building Entrepreneurs, Supporting Financial Inclusion via Xpress Point Agents  

  Ecobank Nigeria has reiterated that its agency banking scheme,...

Nigerian Breweries Digital Head Joins Ventra Group

Full-service Digital Media firm Ventra Media Group has just...