PalPay review
Updated October 13, 2026 · HodlCue Editorial Team
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Our verdict
For residents in Palestine who want wallet payments with bill coverage to over 140 companies, PalPay is a digital wallet with cards for daily spending. The range stays centred on three regional currencies and domestic transfers, which limits use for people needing wider international coverage.
Pros and cons
Pros
- Holds balances in shekels, dollars and dinars within one wallet
- Offers Visa cards for online shopping, local stores and travel use
- Supports bill settlement and salary deposits for everyday use
- Links transfers to banks, other wallets and QR merchant payments
Cons
- Services centre on Palestine with activity tied to domestic agents and institutions
- Wallet holds three regional currencies, which narrows options for wider travel spending
- Wallet and card functions depend on a smartphone app for daily management
Who it suits
- Residents paying bills and salaries through a local wallet
- People wanting physical and virtual cards together
- Families seeking separate wallet accounts for children
Who should look elsewhere
- People seeking accounts outside Palestine
- Holders wanting many global currencies
How PalPay compares
Where PalPay is available
- Available
- Palestine
- Licence in Palestine
- Palestine Monetary Authority, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does PalPay offer?+
PalPay provides a mobile wallet for individuals and businesses that handles transfers, QR payments, bill settlement and local shopping. The wallet connects to Visa prepaid cards and supports salary deposits into employee accounts for daily use.
Which countries does PalPay serve?+
PalPay serves people and businesses inside Palestine through agents across all governorates. Wallet transfers also move to and from banks and other wallets, which keeps activity centred on domestic accounts and institutions for everyday payments.
How do the PalPay currencies work?+
Balances are held in shekels, dollars and dinars within the same wallet structure. This arrangement allows daily transactions, travel spending and online shopping without opening separate accounts for each currency. Family members can hold separate accounts under the same system.
Who is the company behind PalPay?+
PalPay is the first digital wallet established in Palestine for digital financial services. It operates a nationwide network with trusted partnerships across all governorates for daily financial transactions. The service covers individuals and businesses with wallet payments, cards and salary transfers.
How can I contact PalPay support?+
PalPay offers support through Email, Phone. (Source, checked September 26, 2026)
Sources
- palpay.ps/en checked September 26, 2026
Backs: Card type, Card network
“request physical or virtual Visa cards - Mahfazati PalPay”
- palpay.ps/en/contact-us checked September 26, 2026
Backs: Support channels
“1700102010, 1800999666, sponserships@palpay.ps”
- palpay.ps/en/individuals checked September 26, 2026
Backs: Licences
- palpay.ps/en/individuals/mahfazati-services checked September 26, 2026
Backs: Audience, Currencies, Features
“Open accounts for your children and control their spending limits - Mahfazati”
Compiled from 4 source pages, checked October 13, 2026. We did not open an account.
Not confirmed yet: Monthly fee, Currency conversion fee, Free ATM withdrawals, Protection.