Here's the simple step-by-step guide to change your bank verification number and national identification number on Palmpay app via Android and iPhone.
How to Change BVN and NIN on PalmPay
Palmpay is one of the most prominent mobile money platforms in Nigeria. In compliances with the Central Bank of Nigeria (CBN) regulation, bank verification number (BVN) is required for any individuals who wants to access financial services in Nigeria. In other words, BVN is also required for operating Palmpay account. However, if you’ve recently changed your bank account details such as name or age modification or you've discovered an error in your BVN, updating it on your PalmPay account is important to keep your transactions going, smooth and secure. Since the BVN and NIN are key identity verification requirements for Nigerian banks and fintech apps, having the wrong or outdated ones linked to your bank account can cause transaction delays, failed transactions, or even account and card restrictions. However, don't bother yourself too much about it because we've compiled this article to guide through all the processes of changing your BVN and NIN on the PalmPay app. That mea…
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Temmy is the founder of Budgetrend. He is a seasoned journalist with extensive experience in business of technology, economy, finance, business, money, politics and education. He is currently studying Accounting at the Federal University of Oye-Ekit…
