Recharge2Cash – how to convert airtime to cash on PalmPay

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Palmpay has come again with another fantastic feature, it’s called Recharge2Cash.

In this post you’ll learn everything on how to convert airtime to cash on palmpay and how you can benefit from it.

What is PalmPay Recharge2Cash?

Recharge2Cash is a safe, fast, and easy way to convert your excess airtime to cash.

Read this: Palmpay loan app, code, interest rate, repayment, loan extension

You pay a convenience fee to use this feature. A convenience fee is a small fee charged when you convert your airtime to cash on PalmPay using the Recharge2Cash feature.

You can convert anything from 50 naira to N5,000 to  100,000 naira in a day.

How to convert airtime to Cash on Palmpay?

To sell or convert airtime to cash, follow the instructions below:

  1. Click the Recharge2Cash icon on the PalmPay homepage,
  2. Enter the mobile number you would like to share from,
  3. Log in to the page with the MTN OTP sent to your phone,
  4. Choose or enter the amount you would like to share,
  5. Confirm the amount you would get after the service fee deduction,
  6. Enter the MTN Share Airtime PIN and wait for the funds which will be transferred to your PalmPay account.

Palmpay Recharge2Cash FAQ

Why can’t I use convert airtime to cash through PalmPay Recharge2Cash even after setting the Airtime PIN?

(1)If your MTN prepaid account does not have enough airtime to cover the amount you have requested to transfer, the transaction will not be completed and you will receive an error message.

(2)The minimum amount that can be converted to cash is N50. You can transfer between N50.00 and N5,000.00 in a single transaction.

Read this: PalmPay POS – charges, daily target, machine price, how to get it in 2022

(3)The airtime transfer service is designed to enable subscribers share airtime only within their network. i.e. only MTN to MTN.

(4)You can only transfer credit of whole number Naira amounts without kobo, i.e. you can transfer N71.00 but not N71.99.

(5)If you are a postpaid customer, you will only be able to transfer airtime when your account is positive. You will not be able to transfer airtime when your account is negative (-). For example, if your account balance is N-300.00.

Is there a limit to the amount of airtime I can convert to money in a day?

For MTN mobiles, You’re only allowed to convert between N50 – N5,000 in a single transaction and a total of N100,000 in a day.

Does PalmPay Recharge2Cash work for all networks?

At the moment the recharge2cash feature is only available to MTN subscribers. Other networks coming soon.

I successful converted my airtime but the money hasn’t been credited to my account yet

The payment may be delayed due to a network issue. Do contact a customer care agent with all the details of the transaction and we will have it resolved as soon as possible.

Where can I find my money after the airtime sale? How long will it take?

You can check your PalmPay balance to confirm payment after you’ve successfully convert your airtime to cash. Payment will be made within 2 hours of sale completion.

Conclusion

I home you’ve learn how to convert airtime to cash on Palmpay. If you have any question regarding this topic drop it as comment and I’ll get back to you as soon as possible.

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About the Author: Femi Olawole

Femi Olawole is a web designer, blogger and SEO expert. For enquiry, send me an email here at contact@femiolawole.com

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