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Home ยป KPMG Recognizes PalmPay for Excellence in its 2024 West Africa Banking Industry Customer Experience Survey

KPMG Recognizes PalmPay for Excellence in its 2024 West Africa Banking Industry Customer Experience Survey

Staff Writer by Staff Writer
January 7, 2025
in Partners
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PalmPay --- KPMG recognises PalmPay
PalmPay logo

PalmPay logo

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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 PalmPayโ€™s strong performance across multiple stages of the customer journey, with customers praising the platformโ€™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 Nigeriaโ€™s fast-evolving digital financial services landscape.

The KPMG survey evaluates customer experience across six key pillars of excellence:ย  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.

โ€œWe are honored to receive this recognition from KPMG, which underscores our unwavering commitment to providing accessible, reliable, and innovative financial solutions to Nigerians,โ€ said Chika Nwosu, managing director at PalmPay.

โ€œAt 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.โ€

According to the survey, PalmPay was commended for its minimal network downtime, swift issue resolution, and proactive communication with users. Customers highlighted the platformโ€™s ability to notify them in advance of scheduled maintenance, reinforcing trust and reliability.

A customer featured in the report stated, โ€œPalmPay hardly has network issues and they have saved me from embarrassmentโ€, reflecting the platformโ€™s reliability and user satisfaction.

PalmPayโ€™s recognition aligns with the companyโ€™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.

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