OPay
Mobile money for everyone
4.2(850K+ reviews)
Founded 2018Lagos, NigeriaUsers
35M+
Rating
4.2/5
Founded
2018
KYC
Required
About OPay
OPay is one of Nigeria's largest mobile money platforms, offering transfers, bill payments, savings, and a vast agent network. Backed by Opera (Norway), OPay has grown rapidly since 2018 to serve over 35 million users with low-cost financial services across Nigeria.
Features
Instant bank transfers
Bill payments (airtime, data, electricity, cable)
OPay savings (up to 10% p.a.)
QR code payments
OPay card (virtual & physical)
Agent network (100K+ agents)
Merchant payments
International transfers
OPay POS terminals
POS instant settlement
Sub-agent POS management
Fee Structure
| transfers | Free within OPay. N10-N25 to other banks |
| maintenance | Free |
| cards | Virtual card free. Physical card N1,000 |
| other | POS charges: 0.5-0.6% per transaction. Cash withdrawal at agents: 0.5-1%. POS terminal: N25,000-N40,000 |
| Savings Rate | Up to 10% per annum |
Pros & Cons
Pros
- Largest agent network in Nigeria
- Very low transfer fees
- Fast transaction processing
- Good savings interest rate
- Works on basic phones via USSD
Cons
- Customer service can be slow
- Account freezing complaints
- Limited investment options
- No dedicated business banking suite
Links
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