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PalmPay

PalmPay

West African Fintech

VS

Mojaloop

Central banks and payment system operators

Mojaloop
Fees from
Custom vs Custom
Features

0 shared

1 unique to PalmPay
Regions

1 shared

7 unique to Mojaloop
Pay methods

2 shared

3 unique to PalmPay · 1 unique to Mojaloop
On region

Mojaloop covers 8 regions; PalmPay covers 1. Verify directly with each provider before signing.

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Show full specs
1 features · 6 payment methods · 8 regions. We don't rank these — they're here for reference.
PalmPay PalmPay
Mojaloop Mojaloop
Quick Facts
Fees
Standard transaction rate
Custom
Custom
Settlement
Time to receive funds
—
—
Founded
2019
2017
Headquarters
Lagos, Nigeria
Global
Sandbox / Test Mode
—
—
Webhook Support
✓
—
Features
PalmPay leads (1 vs 0)
Instant Payout Unique
✓
—
Payment Methods
PalmPay leads (5 vs 3)
Bank Transfer
✓
✓
Debit Card Unique
✓
—
Mobile Money
✓
✓
Mobile Wallet Unique
✓
—
Open Banking Unique
—
✓
Pos Unique
✓
—
Regions
Mojaloop leads (8 vs 1)
Africa
✓
✓
Asia Unique
—
✓
Europe Unique
—
✓
Latin America Unique
—
✓
Middle East Unique
—
✓
North America Unique
—
✓
Oceania Unique
—
✓
Southeast Asia Unique
—
✓

PalmPay is best when you...

West African Fintech
Need Instant Payout
Not available with Mojaloop
View PalmPay

Mojaloop is best when you...

Central banks and payment system operators
Want coverage in Asia, Europe, Latin America, Middle East, North America, Oceania, Southeast Asia
PalmPay doesn't cover these regions
View Mojaloop

Frequently Asked Questions

What is the difference between PalmPay and Mojaloop?
They share 2 payment methods and 1 region. PalmPay adds Debit Card, Mobile Wallet, POS that Mojaloop does not list; Mojaloop adds Open Banking that PalmPay does not list; Mojaloop also covers Asia, Europe and 5 more; only PalmPay offers Instant Payout.
Which is cheaper, PalmPay or Mojaloop?
Neither publishes a rate card — both quote on engagement, so the cheaper option depends on the volume you bring to the negotiation.
Where can I use PalmPay and Mojaloop?
PalmPay lists 1 region and 5 payment methods; Mojaloop lists 8 and 3. both cover Africa. Check the country list on each profile before onboarding — regional coverage is not the same as local acquiring.
How do PalmPay and Mojaloop compare on integration and settlement?
PalmPay supports webhooks.

Are you PalmPay or Mojaloop?

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Data on this page is indicative and may be out of date — always verify fees, coverage, and terms directly with each provider before signing. Comparisons are generated from published data and provider-submitted updates; they are information, not advice or an endorsement. Some outbound links may earn us a referral commission — commissions never influence scores or rankings.

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