OPay has expanded its physical presence in Northern Nigeria with the opening of a new operations center in Kaduna, a move aimed at strengthening customer engagement,...
A growing dispute within Nigeria’s electronic payments industry has raised concerns about the future processing of Verve card transactions after a group of licensed payment operators...
The planned U.S. initial public offering of OPay is emerging as more than just another technology listing. If completed, the proposed transaction could become one of...
OPay has expanded its operational footprint in Nigeria with the establishment of a new office in Jos, Plateau State as the fintech company intensifies its push...
The Central Bank of Nigeria (CBN) has approved the upgrade of Opay, Moniepoint, and PalmPay to national operational status following a comprehensive compliance and regulatory assessment....
The Economic and Financial Crimes Commission has issued a formal warning to digital bank OPay, urging the company to strengthen its fraud prevention and anti-money-laundering controls...
Nigeria’s most prominent unicorns, MoniePoint and OPay have been groaning under debilitating fines imposed by the Central Bank of Nigeria (CBN). The nation’s apex bank, as...
Following the Electronic Money Transfer Levy of N50, charged by the Federal Inland Revenue Service (FIRS) on every electronic inflow of N10,000 and above, operators of...
Digital payment banks like PalmPay, OPay, Moniepoint, among others have started the implementation of N50 stamp duty collected by the federal government. The fee, known as...
Opay will begin charging customers a N50 levy on electronic transfers of N10,000 and above paid into their accounts from September 9, 2024. The fintech revealed...