opay
OPay Introduces N50 Levy on Transactions Above N10,000, Effective September 9
OPay Implements Levy on Transfers Following FIRS Order
Starting September 9, 2024, leading mobile banking service OPay will implement a N50 charge on electronic transfers of N10,000 or more, following new Federal Inland Revenue Service (FIRS) regulations.
CBN: OPay, Moniepoint, Others to Resume Onboarding New Customers in Months
The Central Bank of Nigeria (CBN) announced that mobile money operators, including fintech firms such as OPay, Palmpay, Kuda Bank, and Moniepoint, will resume enrolling new customers in the next few months.
CBN Governor Olayemi Cardoso made … Continue Reading
CBN Cracks Down on Fintech Firms, Bans New Accounts for OPay, Palmpay, and Others
The Central Bank of Nigeria (CBN) has issued a directive banning mobile money operators and fintech firms from onboarding new customers, sparking panic among bank customers.
The affected companies include OPay, Palmpay, Kuda Bank, and Moniepoint, raising … Continue Reading
Fintech Giant, OPay set to block all accounts Not linked to NIN by march 1, 2024
OPay, Nigeria’s fintech giant, has issued a stern warning that it will block all accounts not linked with the National Identification Number (NIN) by March 1, 2024.
The announcement was made by Ikponmwosa Odiase, OPay’s Director of Partnerships, … Continue Reading