In Nigeria PalmPay waives fees and creates ₦100M COVID-19 payout fund – TechCrunch

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[ad_1] Africa focused payment startup PalmPay will waive transfer fees in Nigeria and offer direct payouts to customers who have contracted COVID-19 in the West African country. The venture — that launched in 2019 backed by China’s Transsion —  has created the PalmPay Support Fund. The initiative will start with 100 million Naira (≈ $300K)…