How to Withdraw From Flexi Credit on PalmPay

Flexi Credit is the buy-now, pay-later model of PalmPay. It is a special feature that allows PalmPay users to take an instant loan and use it to make purchases within the PalmPay app without withdrawing the money while postponing the payment to a later date.

Ordinarily, Flexi Credit is designed such that customers can use it within the app to make different purchases like data top-up, airtime, and cable subscriptions, among others, but there’s no provision for direct withdrawal into the borrower’s account.

However, if you really want to withdraw your Flexi Credit, there are workarounds that you must follow to be able to do so.

What is Flexi Credit on PalmPay?

How to Withdraw From Flexi Credit on PalmPay

Flexi Credit is the buy-now, pay-later model of PalmPay. It is a feature that allows PalmPay users to access quick loans and buy desired products of their choice within the app while postponing the payment to a later day.

This model is designed such that borrowers can take a loan from PalmPay and use the loan within the app without withdrawing the money. Borrowers can use Flexi Credit to buy airtime, fund their betting account, pay bills, etc., but they can’t withdraw the money directly to their bank account.

 However, if you want to withdraw your Flexi Credit from PalmPay, there are workaround techniques that you can use to bypass the barrier and withdraw your Flexi Credit. And that is the focus of this discussion. 

How to Withdraw From Flexi Credit on PalmPay to Bank Account 

As we noted in the introduction, you can’t withdraw Flexi Credit directly to your bank account due to the policies guiding the model; however, you can do that through a workaround.

One of the surest ways that you can withdraw your Flexi Credit is by using your ‘’Sportybet’’ or ‘’Bet9ja’’ account. However, it is important to note that you mustn’t play Sportybet or Bet9ja before you can withdraw your Flexi Credit; all you need to do is have a Sportybet or Bet9ja account, and you’re good to go. 

Follow the steps below to withdraw your Flexi Credit:

1. Sign in to your SportyBet or Bet9ja account

The first thing to do is to login to your betting account. If you don’t have one, create one with your details; ensure that the name matches your bank account name.

2. Fund your SportyBet or Bet9ja account

After signing in to your betting account, you will need to fund it. To fund your account, do this:

  • Sign in to your PalmPay account.
  • Tap on the ‘’Betting’’ option.  
  • Select ‘’Sportybet or Bet9ja’’.
  • Fill in your number as your account number. 
  • Choose ‘’Ok Card’’ as your preferred payment method.
  • Finally, authenticate the transaction by inputting your PalmPay transaction PIN.

3. Withdraw from your Betting Account

Once you go to the account, tap on the withdrawal option of your betting account. And withdraw the money to any bank account of your choice. That’s all. You can use your Flexi Credit to buy whatever you want.

Conclusion

Although Flexi Credit is not designed to be withdrawn, there are workarounds that people have used to withdraw it. Generally, it is not possible to withdraw Flexi Credit directly from your PalmPay account, but you can do that if you use Flexi Credit to fund your betting account and then transfer it to your bank account. The whole process is straightforward if you follow the simple guide given above.

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