In this post, I will show you everything you must know about the Palmpay Flexi Cash, Palmpay Flexi Cash, Palmpay staff invitation code, and Palmpay Flexi cash loan repayment. All these things will be made known to you, all that is required of you is to ensure you read till the end.
What is Palmpay Flexi Cash?
Palmpay Flexi Cash is a financial service offered by Palmpay, a mobile payment platform in Nigeria.
It is a loan service that allows users to borrow money from Palmpay and repay the loan with flexible repayment terms.
To access Palmpay Flexi Cash, you need to have a Palmpay account and meet the eligibility requirements set by Palmpay. Once approved, you can borrow money instantly from the app, with loan amounts ranging from N3,000 to N300,000 only.
How to get Palmpay Flexi cash
To get Palmpay Flexi Cash, I’ll recommend you follow the necessary steps given below:
- Download the Palmpay app on your mobile device from Play Store and sign up for an account if you haven’t already done so.
- Click on the “Finance” icon on the app homepage footer, then select “Flexi Credit.”
- Access the prompted terms and conditions before proceeding to get the Flexi credit. Once accepted, you’ll be taken to another step.
- Provide your BVN. If you don’t know your BVN kindly dial *565*0# on your phone and it will be displayed on your phone screen provided you have at least N20 to N50 in your bank account.
- Fill out the loan application form with your personal and financial details, including your employment status, monthly income, and purpose of the loan.
Once you have completed the application, Palmpay will review your application and determine your eligibility for the loan.
If you are approved, you will receive the loan amount in your Palmpay account within a few minutes.
You can then use the funds for your intended purpose and begin making repayments according to the repayment terms you agreed upon.
Do ensure you note that to be eligible for a loan from Palmpay Flexi Cash, you need to have a valid Palmpay account, a Nigerian bank account, and a valid means of identification.
You also need to meet the eligibility criteria set by Palmpay, including having a regular source of income and a good credit score.
Also, you should carefully consider your ability to repay the loan before applying, as defaulting on loan payments can have serious consequences on your credit score and financial standing.
Palmpay Invitation Code
The Palmpay invitation code is a code assigned to each customer to refer new friends and earn N500 per sign up while the person who signed up, on the other hand, will also get a signup bonus.
A Palmpay invitation code example is “5ZR551“, this Palmpay invitation code example is an active invitation code anyone can use to register and get his/her sign-up bonus and free N100 airtime.
Also, using this “5ZR551” Palmpay invitation code example will also enable you to get a personal Palmpay invitation code to refer new users and get paid on every signup.
Palmpay Staff invitation code
Online, I’ve also seen questions regarding the Palmpay staff invitation code 2023, however, you must understand that the Palmpay staff invitation code is meant only for the Palmpay staff/employees and not for the general public. The only Palmpay invitation code 2023 for the general public is “5ZR551″.
As an individual, you cannot access the Palmpay staff invitation code except the one provided here or by individual users.
Palmpay Flexi loan repayment
Palmpay Flexi Loan repayment can be done in several ways, depending on the option that suits you best.
Here are some of the repayment options available:
Pay with Palmpay balance
If you have sufficient funds in your Palmpay wallet, you can use it to repay your Flexi Loan.
Simply navigate to the loan repayment section on the Palmpay app, select the loan you want to repay, and follow the prompts to complete the payment.
Debit Card Payment
You can also choose to make your loan repayment using your debit card.
Simply add your card details on the Palmpay app and select the loan you want to repay.
Then, select the debit card payment option and follow the prompts to complete the payment.
You can make your loan repayment by transferring the loan amount to the Palmpay bank account provided.
Make sure to use the correct account number and reference number provided to ensure that the payment is credited to your loan account.
How to repay Palmpay flexi cash
To repay your Palmpay Flexi Loan, you can follow these steps:
- Open the Palmpay app on your phone.
- Click on the “finance” icon located at the bottom of the screen.
- Select “My Loans” and choose the Flexi Loan you want to repay.
- Click on the “Repay” button.
- Select the repayment option that you prefer, such as “Palmpay Balance,” “Debit Card Payment,” or “Bank Transfer.”
If you select “Palmpay Balance,” make sure you have sufficient funds in your Palmpay wallet to cover the loan repayment amount.
If you select “Debit Card Payment,” enter your card details, including the card number, expiry date, and CVV.
If you select “Bank Transfer,” make a transfer to the Palmpay bank account provided on the app.
Use the correct account number and reference number provided to ensure that the payment is credited to your loan account.
Once you have selected your preferred repayment option and entered the required information, click on “Submit” to complete the payment.
Frequently Asked Questions On Palmpay Flexi cash
The following are frequently asked questions on Palmpay Flexi cash, Palmpay Flexi cash, Palmpay staff invitation code, Palmpay invitation code 2023, and Palmpay Flexi cash loan repayment:
How can I get my invitation code on PalmPay?
To get your invitation code on PalmPay, you need to follow these steps:
Open the PalmPay app on your mobile device.
Click on the “Account” icon located at the bottom right corner of the screen.
Select the “Invite Friends” option.
Your invitation code that looks like this “5ZR551″ will be displayed on the next screen, and you can share it with your friends and family to earn rewards.
What is the invitation code for PalmPay Flexi cash?
The invitation code for PalmPay Flexi Cash is “5ZR551″.
What code is an invitation code for Palmpay?
An invitation code is a unique code generated by a company or service to invite users to join their platform or service.
The Palmpay invitation code is basically used to track the referral source and offer rewards or incentives to both the referrer and the new user.
How do I withdraw my Flexi loan from PalmPay?
To withdraw your Flexi loan from PalmPay, you need to follow these steps:
- Open the PalmPay app on your mobile device.
- Click on the “Flexi Credit” option located on the home screen.
Select the “withdraw” option next to the loan you want to repay.
Choose your preferred payment method and follow the prompts to complete the withdrawal process.