FAQ

How To Open An Opay Account

To open an OPay bank account, you have another option – using the *955# magic code. Simply search for “OPay” on Google Play Store or iOS store, then download the app using *955# and set up your wallet with your name and phone number. Alternatively, click “Sign Up” on the same page to open an OPay wallet.

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Is Opay For Nigeria Only?

OPay Digital Services Limited is a company founded by Opera Norway AS Group with footprints in emerging markets across Asia, Africa and Latin America in countries like Mexico, Nigeria, Egypt and Pakistan.

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Do I Need Nin To Open An Opay Account?

Instantly open an OPay account with just your phone number, NIN, BVN or other valid IDs.

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Which Bank Does Opay Use?

Guaranty Trust Bank (058)

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Can I Receive Dollars With Opay?

The partnership between OPay and WorldRemit will provide Nigerians with a fast, easy and more affordable way to receive money from over 50 countries including the United States, United Kingdom and Canada directly into their mobile phones. “We are very excited about our partnership with WorldRemit.

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Is Opay App Banned In Nigeria?

The Central Bank of Nigeria (CBN) has described as fake, the news making the rounds that it suspended accounts of Fintech companies like OPAY and PALMPAY. CBN’s Acting Director of Corporate Communications, Isa AbdulMumin, told the News Agency of Nigeria (NAN) in Abuja on Friday that the viral news “is simply fake”.

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Can Opay Pay Internationally?

OPay, a provider of payment, ride-hailing, food delivery and loan services, has been given approval by the Central Bank of Nigeria (CBN) to commence international money transfer. With the approval, OPay will start facilitating remittance B2B, B2P and P2P remittance services into Nigeria.

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Is It Safe To Open An Opay Account?

Your data is stored and encrypted using strong cryptography. We scan our systems daily against security threats. We are compliant with PCI DSS. Your transactions are always encrypted and secured.

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Can I Open An Opay Account Online?

Simply search for “OPay” on Google Play Store or iOS store, then download the app using *955# and set up your wallet with your name and phone number. Alternatively, click “Sign Up” on the same page to open an OPay wallet.

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How Reliable Is Opay?

Our efforts allowed us get a PCI-DSS Compliance Level 1 Certification. It is the ultimate proof that our product is being built and maintained in alignment with all security standards.

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Does China Own Opay?

OPay, owned by Chinese billionaire Yahui Zhou through his web browser company Opera, has become the main alternative to banks for money transfer and bill payments during the cash crunch, say industry observers.

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What Is The Highest Amount Opay Can Receive?

Remember that you only need the phone number of another OPay user to make a transaction. You can also receive payments from your customers. Is there a limit on the maximum transaction amount for a merchant?
You can receive and send up to 5 million Naira daily as an OPay merchant.

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Which Country Is Opay From?

About Opay The company was founded in 2018 and is based in Lagos, Nigeria.

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Who Owns Opay?

OPay, owned by Chinese billionaire Yahui Zhou through his web browser company Opera, has become the main alternative to banks for money transfer and bill payments during the cash crunch, say industry observers.

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Can I Use Opay To Withdraw Money?

To use the OPay USSD withdrawal feature, select the USSD withdrawal option on your OPay POS terminal and input the amount the customer needs to withdraw. Retrieve the reference code for the initiated transaction and share it with the customer.

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How Do I Transfer Money To Opay?

0:000:59Then select mobile money enter the amount to send. And finally choose the bank okay or Pompeii andMoreThen select mobile money enter the amount to send. And finally choose the bank okay or Pompeii and lastly verify your transaction. And that’s all thanks for watching.

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Is Opay Banned In Nigeria 2023?

According to the News Agency of Nigeria (NAN), this was made known by the Acting Director, of Corporate Communications of CBN, Mr. Isa AbdulMumin, on Friday, March 24, 2023, in Abuja, where he said that the viral news “is simply fake”.

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What Is The Issue With Opay?

Nigerian payment and financial service company, OPay, has denied opening any account without an individual or its customer’s consent. The digital payment platform disclosed this in reaction to claims on social media that the company uses people’s phone numbers to open accounts without the consent of the owners.

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Which Other Country Uses Opay?

OPay, which currently has presence in Pakistan, Egypt, and Nigeria, is now eyeing further expansion into new territories across North Africa and the Arab region, including the UAE. In addition to geographical expansion, OPay also plans to ramp up its existing suite of financial services.

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Which African Countries Use Opay?

In a December 2021 report, the Asian Banker stated that OPay has 15 million customers in Africa, spread across Nigeria, Kenya, Tanzania, and several other African countries. Wole Adeniyi, OPay’s Southwest Nigeria regional sales manager, says the zero transaction fee was just a way to penetrate the market.

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Is Opay Approved By Cbn?

OPay – We remain committed to providing quick, secure and reliable transactions. OPay is licensed by CBN and all deposits are insured by NDIC #OPayBeyondBanking | Facebook.

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Can I Receive Dollars In My Naira Account?

Yes, you can receive foreign currencies in your normal naira account, but the bank is at liberty to fix the rate for you. For instance, if your client, family member, or friend was to send $100 into your naira bank account, the bank gets to decide how much naira you get for $100.

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How Old Is Opay In Nigeria?

FactboxAPP NAME:OPayDEVELOPER:OPay Digital ServicesCOUNTRY:NigeriaRELEASE DATE:August 2018PLATFORMS:Android, iOSOct 27, 2023

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Does Opay Have Social Media Channels?

OPay Nigeria (@opay.ng) • Instagram photos and videos.

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Can I Use Opay Without Atm?

The OPay USSD withdrawal feature will come to the rescue as an alternative means of performing transactions. To use the OPay USSD withdrawal feature, select the USSD withdrawal option on your OPay POS terminal and input the amount the customer needs to withdraw.

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Can I Use Email To Open Opay?

Select the “Login with email” option and enter the email address that you used to create your Opay account. To log in to OPAY with an email address, you should follow these general steps: Open the OPAY website or app: Visit the official OPAY website or launch the OPAY mobile app on your device.

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Does Opay Have A Virtual Card?

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Why Do People Use Opay?

OPay is a one-stop mobile-based platform for payments, transfers, loans, savings and other essential services for every individual. The platform boasts over 18 million registered app users and 500,000 agents in Nigeria who rely on OPay’s services to send and receive money, pay bills and many more.

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How Do I Transfer Money From Opay To My Bank Account?

How to Transfer Using The Opay USSD CodeOpen the dialer app on your phone and dial *955#Select the option for “Transfer.”Select “1” for Opay or “2” for transfer to other banks.Select the bank you want to transfer money to; if not Opay.Enter the recipient’s account/phone number.Enter the amount you want to transfer.

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Why Is Opay Trusted By 40 Million Users?

OPay Digital Services Limited is fully licensed by the Central Bank of Nigeria, and all deposits are insured by the National Deposits Insurance Corporation (NDIC). It is committed to providing relevant and impactful financial services that deepen financial inclusion and shared prosperity in Nigeria.

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Which Country Can Use Opay?

OPay Digital Services Limited is a company founded by Opera Norway AS Group with footprints in emerging markets across Asia, Africa and Latin America in countries like Mexico, Nigeria, Egypt and Pakistan.

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Which Other Countries Uses Opay?

OPay, which currently has presence in Pakistan, Egypt, and Nigeria, is now eyeing further expansion into new territories across North Africa and the Arab region, including the UAE. In addition to geographical expansion, OPay also plans to ramp up its existing suite of financial services.

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Which Country Make Use Of Opay?

In a December 2021 report, the Asian Banker stated that OPay has 15 million customers in Africa, spread across Nigeria, Kenya, Tanzania, and several other African countries.

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Where Can I Use Opay?

The OPay debit card is accepted at Any ATM, POS or Web.

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