Does OPay charge transfer?
OPay’s N10 transaction fee was the main reason many people opt to use it for funds transfer. But now, that advantage is gone. With the introduction of the 1% fee, it is now more expensive to make funds transfer from OPay than doing so with regular banking apps.6 Nov 2019
How much can an OPay account receive?
You can receive and send up to 5 million Naira daily as an OPay merchant.
How much does OPay transfer cost?
For instance, if you transfer (withdraw) cash from your OPay wallet to your bank, you will be charged N45 for the transaction. 1% subsequent transaction: Any other transaction (withdrawal) in the day attract a fee of 1%. This means that if your second withdrawal is N50,000, you will pay N500 for the withdrawal.7 Nov 2019
Which bank does OPay use?
The Central Bank of Nigeria (CBN) has certified OPay to begin International Money Transfer in Nigeria. OPay is a mobile money wallet operator in Nigeria with its OPay App which houses other online services like ORide, Okash, OFood, Owealth and OPay wallet for the unbanked Nigerians.
Can I receive dollars in my OPay account?
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.17 Sept 2020
Is OPay a Chinese company?
OPay is one of many Chinese companies, including Huawei Technologies Co, to capitalise on the growing demand from Africa’s unbanked for financial services.24 Aug 2021
How do I found out my account number?
Your account number (usually 10 digits) is specific to your personal account. It’s the second set of numbers printed on the bottom of your checks, just to the right of the bank routing number.
How can I get account number on OPay?
OPay merchant ID is a unique 15-digit number assigned to all OPay merchants. To get your merchantID, login to your OPay Dashboard, click on the Settings tab and you would find it on the Business section.
Is OPay free?
Join the OPay family now, get a free POS and start to scale your business. We offer the lowest charges in the market.
Can I use OPay to receive dollars?
In a statement, Director of Remittance Service at OPay, Kunle Olamuyiwa, said 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.15 Sept 2020
Is OPay a merchant bank?
Freedom to make your own money! As an OPay Merchant, you have the power and control to make as much money as you can by providing financial services in your community. Get discounts and vouchers for airtime purchase on the OPay app. Pay Less for More with ease on OPay!
How much is OPay net worth?
In less than three years, OPay has gone from a curious startup known for its motorcycles in Lagos, Nigeria, to a financial services company worth $2 billion.26 Aug 2021
Is OPay an account?
With an OPay account, you can add money to your wallet for free, within seconds and start making transfers to other wallets or any bank accounts for free. * Take control of how you make your bill and utility payments.
Who is the owner of OPay?
Olu Akanmu is the president and CEO Nigeria of OPay, one of Africa’s leading fintech companies.