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

Rethinking How Nigeria Supports SME Growth

  By Olajumoke Bello Head, Enterprise Banking Stanbic IBTC Bank Across Nigeria, small...

Customers Applaud Mutual Benefits as Insurer Pays Over ₦3.9bn in Claims

Mutual Benefits Assurance Plc has reaffirmed its unwavering commitment...

FG: Local Content Must Create Value for Nigerians

By Olu Verheijen For twenty-five years, NOG Energy Week has...

NAICOM Boss, Segun Omosehin, Extols Yetunde Ilori’s Leadership at CIIN, Reaffirms Commitment to Institute

L-R: Mr. Ekerete Ola Gam-Ikon, Deputy Commissioner, Finance and...

NAICOM Holds One-Day Training for Police Officers on Compliance with Compulsory Insurance Policies

The National Insurance Commission (NAICOM) has organised a one-day...

Topics

‘Digitalisation is Transforming Insurance for Consumers, Suppliers’

Tope Smart Chairman Nigerian Insurers Association (NIA) Digital transformation empowers consumers to...

UNDP Report Classifies 98m Nigerians as Poor

The traditional concept of poverty is outdated, according to...

Stanbic IBTC FUZE Talent Show 2025 Kicks Off 4th Season

The Stanbic IBTC FUZE Talent Show 2025, themed “The...

OPay – From Payment Platform to Lifestyle Ecosystem

By Moses Braimah Out of curiosity, I decided to spend...

9Mobile: NCC in a Fix over Court Order

The plan by the Nigerian Communications Commission (NCC) to...

Sanlam Drives Uptake of Motor Insurance with New Sales Outlet

Sanlam General Insurance, a subsidiary of Sanlam Life Insurance...

IATA, ACI Unveil ‘New Experience in Travel & Technologies’

The International Air Transport Association (IATA) in collaboration with...