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

President Tinubu, NGX Group Advance Capital Market Agenda to Accelerate Nigeria’s Trillion-Dollar Economy

President Bola Ahmed Tinubu has reaffirmed the Federal Government’s...

AIICO Retains Composite Licence Without Capital Raise, Posts Solid Q2 Performance

Mr. Olusegun Omosehin, Commission for Insurance/CEO of the National...

CIIN Unveils 2nd Edition of Courts’ Judgments on Insurance, Related Cases in Nigerian Courts

Chartered Insurance Institute of Nigeria (CIIN) announces the release...

Mutual Benefits Receives Renewed Licence, Signals New Growth Phase

Executive Director (Technical), Mutual Benefits Assurance Plc, Joseph Oladokun...

Stanbic IBTC, Anambra State Partner to Accelerate Growth, Trade Opportunities for South-East MSMEs

As MSMEs across the South-East seek opportunities for growth,...

Topics

NIMC Partners RH-NHGSF to Deliver Effective School Feeding Program

In alignment with the Renewed Hope Mandate of President...

$7m Prize to Fund African Renewable Energy Projects

Access Power, a developer, owner and operator of power...

Stanbic IBTC Bank Wins Agric Bank of the Year Award

L-R: Wole Oshin, Head, Agribusiness; Olushola Alarege, Head, North...

Stanbic IBTC Bank Nigeria PMI: New Order Growth Hits Nine-Month High in May

Growth momentum strengthened in the Nigerian private sector during...

Fela’s Afrobeat Rebellion Aligns with Ecobank’s Commitment to Promoting African Heritage

Ecobank Nigeria says the ongoing “Fela Kuti: Afrobeat Rebellion”...

Court Orders Seplat to Hold AGM

Lagos and London – 9 May 2023: Seplat Energy...