Zone has announced a partnership with PalmPay to strengthen payment security across its vast network of over 1.2 million agents and merchants. The collaboration integrates PalmPay into Zone’s blockchain network, offering secure and compliant payment solutions.
According to Obi Emetarom, Co-founder and CEO of Zone, the partnership enables PalmPay to fortify its payment capabilities, ensuring reliable, secure, and compliant transactions across its extensive network. By joining Zone’s decentralised blockchain network, PalmPay aims to strengthen its payment infrastructure, providing a secure transaction experience for its 35 million users.
The collaboration eliminates intermediaries, enhancing the reliability and security of payments while providing PalmPay users with uninterrupted service. Emetarom noted that the partnership aligns with Zone’s focus on providing secure and compliant payment solutions, allowing PalmPay to expand its market leadership by offering an enhanced value proposition to its users.
Chika Nwosu, Managing Director at PalmPay Nigeria, highlighted the partnership’s potential to improve the reliability and speed of PalmPay’s transactions, further solidifying the platform’s status as a leader in digital finance across Africa.