PalmPay recently organized an anti-fraud walk in the Ikeja area of Lagos as part of the 2024 International Fraud Awareness Week.
The event aimed to educate Nigerians on the importance of securing their personal transaction information against fraudsters.
Mr. Chika Nwosu, Managing Director of PalmPay, speaking at the event, emphasised the company’s commitment to ensuring a safe financial ecosystem. He noted that fraud is a systemic threat that undermines trust, compromises security, and disrupts progress.
“Fraud prevention is a collective effort. Individuals, businesses, and governments must work together to build a robust defense against this menace.
“On the people side, we need to educate people on the need to safe guard their PIN because when you compromise your PIN if fraud happens from that end it will not be our fault. It is better we educate people to be aware so that they don’t compromise their PIN or password.
“At PalmPay, we recognize that combating fraud begins with awareness. That is why we have taken a proactive approach to ensure that our users and the broader community are equipped with the knowledge and tools they need to stay protected.
“Our campaign this week focuses on empowering individuals to safeguard their digital identities, spot fraudulent schemes, and take swift action when they encounter suspicious activities,” he stated.
Geeky Nigeria reports that PalmPay is a digital payment platform that provides a secure and convenient way for individuals and businesses to make and receive payments.
The platform offers a range of services, including mobile payments, online transactions, and money transfers, allowing users to easily manage their finances and make transactions on the go.
With a focus on security, simplicity, and accessibility, PalmPay aims to promote financial inclusion and provide a reliable payment solution for Nigerians.
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