Thursday, August 18, 2022
Thursday, August 18, 2022
Home Startups Infinix launches a digital wallet in partnership with PalmPay.

Infinix launches a digital wallet in partnership with PalmPay.

by Weddy Thuranira
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Infinix, a mobile device manufacturer, has launched a digital wallet that will be integrated into its devices. The Infinix Wallet app was developed in partnership with PalmPay, a mobile financial service provider, to allow Infinix smartphone users to access financial services on the move.

The Infinix Wallet aims to tap into the growing digital credit and payment ecosystem, which has seen significant growth in a variety of markets over the previous few years.

Users may simply conduct credit and balance account applications, mobile phone top-ups, daily shopping, and money transfers using the mobile app.

“We have benefited from the incredible developments of the digital economy and are fortunate to take a key role in building this digital ecosystem,” stated Skye Chen, Head of Global Public Relations of Infinix.

“PalmPay delivers its innovative financial technology and extensive service experience. Together, Infinix and PalmPay will provide consumers with an unparalleled digital financial service experience. In the future, Infinix will work with more partners to extend the scope of Infinix Wallet services to cover more application scenarios to simplify digital finances for end-users.”

Users will be able to acquire instant credit, load bank cards, manage funds, and simplify their payment for goods and services thanks to features built within the Infinix Wallet.

Infinix Wallet holders in Kenya can use it to pay for services from Safaricom, DSTV, Kenya Power, and Nairobi Water.

The app’s load bank and cards feature makes it simple for users to use banking services on their mobile devices. You can add a third-party bank card to your Infinix Wallet to check balances, transfer funds, pay for items, make repayments, and classify expenditure statistics.

Additionally, users will find it very convenient because it provides them with a variety of options while also assisting them in keeping track of their income and expenses.

Sofia Zab, Chief Marketing Officer of PalmPay, commented on the collaboration with Infinix: “Infinix is a leading enterprise in terms of market power and brand influence among African consumers. 

“The partnership between Infinix and PalmPay will accelerate the rapid adoption of digital wallets, and connect valuable and high-quality services to end-users in more countries and regions. Additionally, it will also drive the rapid development of the digitisation of financial services.”

The Infinix Wallet platform is a multi-purpose, multi-dimensional financial platform that has the potential to revolutionize the industry. Its most distinctive feature in a fast rising market is its interoperability features, which allow customers to receive loans, access a bank, and make payments all from a single platform.

Infinix Wallet is part of the company’s overall strategy to provide customers with new, innovative goods and services that will compete with traditional banks in terms of service quality and convenience while also strengthening its brand value. The new digital wallet will be tested in a number of African countries, including Nigeria, Ghana, Kenya, and others. Consumers should be able to get their hands on the wallet by the end of May.

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