Palmpay Past Questions and Answers

Palmpay Past Questions and Answers

Here are 20 questions about Palmpay, along with options and answers for each:

What is Palmpay?

a) A food delivery app

b) A mobile payment platform

c) A social media network

d) A transportation service

Answer: b) A mobile payment platform

Which country is Palmpay primarily used in?

a) United States

b) Nigeria

c) India

d) Brazil

Answer: b) Nigeria

How do you fund your Palmpay wallet?

a) Credit card

b) Cash deposit at a bank

c) Bitcoin

d) PayPal

Answer: b) Cash deposit at a bank

Which of the following services can you NOT use Palmpay for?

a) Mobile top-up

b) Utility bill payments

c) Online shopping

d) Flight bookings

Answer: d) Flight bookings

What is the minimum age requirement to create a Palmpay account?

a) 13 years old

b) 18 years old

c) 21 years old

d) No age restriction

Answer: b) 18 years old

What is the maximum amount you can withdraw from your Palmpay wallet per day?

a) N1,000

b) N10,000

c) N50,000

d) N100,000

Answer: d) N100,000

How can you send money to another Palmpay user?

a) Using a QR code

b) Shaking your phone

c) Typing their name in a text message

d) Writing a check

Answer: a) Using a QR code

What is the Palmpay cashback feature?

a) A loyalty program that rewards users with money back on transactions

b) A loan service

c) A credit card feature

d) A stock trading platform

Answer: a) A loyalty program that rewards users with money back on transactions

How can you contact Palmpay customer support?

a) Sending an email

b) Calling a toll-free number

c) Using the in-app chat support

d) Visiting a physical office

Answer: c) Using the in-app chat support

Which of the following is NOT a security feature of Palmpay?

a) Biometric authentication

b) Two-factor authentication

c) Strong password requirements

d) Public Wi-Fi connections

Answer: d) Public Wi-Fi connections

What is the daily transaction limit for Palmpay?

a) N10,000

b) N100,000

c) N1,000,000

d) No limit

Answer: c) N1,000,000

Which currencies can you use on Palmpay?

a) US Dollars and Euros

b) Nigerian Naira (NGN)

c) Bitcoin and Ethereum

d) Chinese Yuan (CNY)

Answer: b) Nigerian Naira (NGN)

Can you use Palmpay to pay for public transportation like buses or trams?

a) Yes

b) No

Answer: b) No

What is the main advantage of using Palmpay for payments?

a) Instant transfers

b) Interest-free loans

c) Guaranteed discount on all purchases

d) Unlimited cashback

Answer: a) Instant transfers

How can you check your Palmpay account balance?

a) Dialing a USSD code

b) Using a telegram bot

c) Checking your horoscope

d) Sending a letter to Palmpay

Answer: a) Dialing a USSD code

What is the Palmpay referral program?

a) A program where you can refer friends and earn rewards

b) A program to report fraud

c) A program for customer complaints

d) A program to request loans

Answer: a) A program where you can refer friends and earn rewards

Can you link your bank account to Palmpay?

a) Yes

b) No

Answer: a) Yes

What is the Palmpay POS feature used for?

a) Taking selfies

b) Accepting card payments in a physical store

c) Checking the weather

d) Ordering food

Answer: b) Accepting card payments in a physical store

Which mobile platforms are compatible with the Palmpay app?

a) Android and iOS

b) Android only

c) iOS only

d) Windows Phone

Answer: a) Android and iOS

What is the transaction fee for sending money to another Palmpay user?

a) 0%

b) 1%

c) 5%

d) 10%

Answer: a) 0.