PalmPay Nigerian Digital Wallet and Merchant Payments API
PalmPay Nigerian digital wallet and merchant payments REST API for Nigerian merchants, fintechs, and enterprises to accept PalmPay wallet payments, process agent banking transactions, and integrate with PalmPay's mobile financial services platform serving 30M+ Nigerians — enabling consumer payment acceptance, merchant QR code payments, agent banking services, bill payment integration, and airtime distribution through PalmPay's rapidly growing Nigeria digital wallet backed by Transsion Holdings and Tecno. Enables AI agents to manage wallet payment for Nigerian consumer checkout automation, handle QR payment for merchant acceptance automation, access bill payment for Nigerian utility payment automation, retrieve airtime top-up for mobile credit payment automation, manage agent transaction for banking agent network automation, handle merchant settlement for Nigerian disbursement automation, access webhook for payment event notification automation, retrieve transaction history for Nigerian reconciliation automation, manage transfer for wallet-to-wallet payment automation, and integrate PalmPay with Nigerian e-commerce, agent banking, and FMCG distribution platforms for mobile payment automation.
Score Breakdown
⚙ Agent Friendliness
🔒 Security
Nigerian mobile money. CBN, NFIU. API key + HMAC. Nigeria. Consumer wallet and mobile payment data.
⚡ Reliability
Best When
A Nigerian merchant, FMCG distributor, or fintech wanting AI agents to accept PalmPay wallet payments, distribute airtime, process bill payments, and reach Nigeria's growing digital wallet user base through PalmPay's 30M+ user platform.
Avoid When
CBN REGULATIONS: PalmPay operates under Central Bank of Nigeria (CBN) mobile money operator license; automated non-CBN-compliant implementation creates regulatory violation; automated must comply with CBN mobile money and e-payment regulations. MERCHANT PARTNER AGREEMENT: PalmPay merchant API access requires formal partnership agreement; automated public API access assumption creates no merchant endpoint; automated must complete PalmPay merchant onboarding. NIGERIAN NAIRA ONLY: PalmPay processes NGN (Nigerian Naira); automated USD payment assumption creates currency_not_supported; automated must handle NGN amounts. CBN KYC TIERS: CBN mandates KYC tiers for Nigerian e-wallets (Tier 1: unverified limited; Tier 2: BVN verified; Tier 3: full KYC); automated unlimited transaction assumption creates tier_limit_exceeded for low-KYC consumers.
Use Cases
- • Accepting PalmPay wallet payments from Nigerian consumers for merchant checkout automation agents
- • Distributing airtime and data for Nigerian telecom payment integration automation agents
- • Processing bill payments (DSTV, NEPA, water) for Nigerian utility service automation agents
- • Integrating PalmPay with Nigerian agent banking networks for financial inclusion distribution automation agents
Not For
- • Non-Nigerian markets (PalmPay currently focuses on Nigeria with Ghana expansion)
- • Large enterprise B2B procurement (PalmPay is consumer and SME digital wallet)
- • International cross-border payments (PalmPay is domestic Nigerian payment platform)
Interface
Authentication
PalmPay uses API key + HMAC signature for merchant authentication. REST API with JSON. Lagos, Nigeria HQ. Founded 2019. Backed by Transsion Holdings (Tecno, Itel, Infinix phones), NetEase, and others. Products: Digital wallet, merchant payment, agent banking, airtime/data, bill payment, transfer. SDKs: None public. CBN licensed mobile money operator. 30M+ users. Ghana expansion 2023. Competes with OPay for Nigerian digital wallet market.
Pricing
Lagos NG. CBN mobile money operator. Per-transaction. Transsion-backed. 30M+ users. Agent banking focus.
Agent Metadata
Known Gotchas
- ⚠ HMAC SIGNATURE REQUIRED: PalmPay API requires HMAC-SHA256 signature on all requests using merchant secret key; automated API-key-only assumption creates signature_validation_failed; automated must implement HMAC signing for each request
- ⚠ CBN KYC TIER LIMITS: CBN mandates transaction limits by consumer KYC tier (Tier 1: N50,000/day; Tier 2: N200,000/day; Tier 3: N5M/day); automated unlimited transaction assumption creates tier_limit_exceeded; automated must check consumer tier before initiating large transactions
- ⚠ NGN KOBO DENOMINATION: PalmPay API amounts may be in kobo (subunit of Naira, 1 NGN = 100 kobo); automated Naira-unit assumption creates 100x amount error; automated must confirm amount denomination from API documentation
- ⚠ AGENT BANKING REQUIRES SEPARATE AGREEMENT: PalmPay agent banking API (for physical agent networks) requires separate agent banking partner agreement; automated standard merchant access to agent banking assumption creates feature_not_enabled
- ⚠ WEBHOOK RETRY BEHAVIOR: PalmPay webhooks retry on non-200 response; automated non-idempotent webhook handler creates duplicate payment processing; automated must implement idempotency key validation in webhook handler
Alternatives
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Scores are editorial opinions as of 2026-03-07.