The wait is over because PalmPay is a payment app that will reward you as you spend and also cushion your CST 'wahala'.
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This payment app cushions the tax (CST) on all your airtime purchases; here’s how
Is the Communication Service Tax stressing you? Do you want your regular bundle without having to buy more airtime?
This payment app cushions the tax (CST) on all your airtime purchases; here’s how
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Ghana’s Ministry of Communications has directed the telecommunication companies to stop the upfront charge and notice of the Communication Service Tax (CST).
However, CST is not going away as a means to help fight cybercrime.
This app basically helps with that charge and gives customers extra value for their money’s worth.
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PalmPay has released its 50% discount and 20% cashback on all airtimes purchased through its mobile application. This initiative is to absorb the 9% Communication Service Tax.
PalmPoints
Pulse Ghana
Here’s how it works:
The cashback feature on the PalmPay app offers consumers 50% off their airtime purchases which is offered as PalmPoints. This is a loyalty feature on PalmPay for transfers and purchases.
20% cashback is also given for airtime purchases in the form of PalmPoints.
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Example:
If you purchase airtime worth GHc50, your Communication Service Tax paid on that purchase should be GHc3 50p.
On PalmPay, purchasing GHc50 gives you a 20% cashback of GHc10 giving you enough to take away your GHc3.5 tax and still get rewarded with GHc6.5.
The best part is, if you have enough PalmPoints, you can support the purchase with up to 50% of your PalmPoints making you pay just GHc25 cedis for that GHc50 value and its reward.
See the table below for a range of purchases and cashback rewards:
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PalmPay Cashback
Pulse Ghana
There’s more to this exciting app. Other benefits of using the app are as follows:
- 20% Cashback on data bundle purchases
- Up to 50% discount for utility payments and DSTV/GOtv
- 600 PalmPoints (the equivalent of GHc6) when you invite a friend + 2% bonus of invitee airtime purchase (as PalmPoint) for 12 months.
Sign up to this exciting app using this exclusive link and get GHC6 in PalmPoints absolutely free. You can use your PalmPoints to receive a 50% discount on your airtime and bill payments.
Palmpay is a product from Transsnet Payments Ghana Limited aimed at launching game-changing fintech apps to help the Ghanaian market transact, save and borrow money. Transsnet is a joint venture between Transsion, the manufacturers of smartphone brands used by 30% of Africans, including Tecno, Infinix and Itel, and NetEase, one of China’s biggest internet companies.
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