Palmpay has about 4 different loan options for different customers. Flexi cash is one of the loans they provide. Flexi Cash is a type of short-term, flexible loan service that PalmPay offers through its app.
It allows eligible users to borrow money quickly for various purposes like emergencies funds, bill payments, or other immediate financial needs.
To take Flexi Cash Loan is simple. Lunch the palmpay app and on the finance tab, click on flexi cash. There, you can apply immediately. Approval is instant, so no need to wait some hours to get the cash
What are the features of Flexi Cash?
Here are the key features of Flexi Cash on PalmPay:
1. Quick Access to Funds: Users can apply and receive funds directly into their PalmPay wallet in minutes if approved.
2. Flexible Repayment Terms: Borrowers can choose repayment periods that suit their financial situation, typically ranging from a few days to a month.
3. Eligibility: Approval depends on your transaction history, creditworthiness, and usage of the PalmPay app. Regular app users with good transaction records have higher chances of approval.
4. Interest Rates: Interest rates are usually competitive but vary depending on the loan amount and repayment duration.
5. Convenience: The entire process, from application to repayment, is managed through the PalmPay app.
Are Flexi Cash and Flexi Credit the same?
No, Flexi Cash and Flexi Credit are palmpay loan products but they are not the same thing. Flexi Cash is for loans in money while flexi credit is for buy now pay later. You can withdraw the former but you can only use the later to make transactions on the palmpay app.
Conclusion
To use Flexi Cash, ensure you have the latest version of the PalmPay app. You can download the app from Play Store. You also need to perform some transactions on the app, and maintain a good credit score with other loan apps to increase the amount you can get.
I’m using palmpay only i don’t have bvn
I’m not using app for palmpay how can i borrow 15k nw