PalmPay TZ

SHARP FINANCIAL SERVICES (T) LIMITED

About this app

PalmPay provides secure and reliable online revolving credit loan services through bank-grade encryption technology, providing the highest level of protection for your information and rights.

【Application conditions】
1. Citizens holding a Tanzania identity card
2. Age must be between 18-55 years old
3. Have a job and have the ability to repay the loan

【How to apply for a loan?】
1.download PalmPay on App Store
2. log in, follow the easy to read procedure to apply for credit limit, and submit. The loan application request can be completed online in three minutes
3.Direct deposit into your linked MMO wallet account is done quickly.

【Loan Details】
Repayment periods from 61 days to 180 days
Loan amount from TZS 10,000 to TZS 1,000,000
Maximum APR 36%

*For example; TZS 10,000 is given for 90 days loan term,
*Interest: TZS 900 (9%rate)
*Total amount payable: TZS 10,900
Representative：36%APR

【Platform characteristic】
1.Free application
All PalmPay application processes are free

2.All operations online, simple and convenient.
Complete process in 2 minutes with a phone, paper documents not needed.

3.Data security
High compliance with industrial data encryption laws, aims to provide the highest level of data and privacy protection.

4.High quality customer service
A wide range of customer service provisions such as; email, phone number, in-app chat, etc., committed to serve you 24/7.

PalmPay inatoa mikopo ya kidijitali mtandaoni kwa kutumia teknolojia ya kiwango cha benki, huku ikitoa ulinzi wa juu zaidi kwa taarifa na haki zako.
(PalmPay provides a reliable and safe online digital lending application that, offers credit loan services using bank-grade encryption technology, offering the highest level of protection for your information and rights.)

Vigezo na masharti ya kuomba Mkopo(Loan Application Requirements)
1.Raia wa Tanzania mwenye kitambulisho (Citizen with an ID card)
2.Lazima uwe umri wa miaka 18 – 55 (Must be between 18 and 55 years old.)
3.Uwe na mdhamini (An individual who can serve as your referee)

Jinsi ya kuomba mkopo (How to Apply for a Loan)
1.Pakua PalmPay APP(Download PalmPay APP)
2.Jisajili kufungua akaunti ya mkopo (Register to create an account)
3.Fuata maelekezo jinsi ya kutuma maombi ya mkopo, kisha wasilisha(Follow the instructions to apply for a loan, and then click submit. )
4.Mkopo utatumwa kwenda kwenye mkoba wa simu yako(The loan is directly transferred into your linked MMO account.)

Kiasi cha mkopo: 10,000 – 1,000,000 TZS(Loan amount: 10,000 – 1,000,000 TZS )

Muda wa marejesho: Siku 61-180 (Repayment Period: 61 – 180 days)

Kiwango cha riba: 36% ya mkopo(Interest rate: 36% )

Sharp Financial Services (T) limited is a registered Microfinance Institution licensed by The Bank of Tanzania to offer financial services in Tanzania. The company offers digital loans through PalmPay digital App which is categorized as finance App in different platforms. PalmPay App is developed and maintained internally.