OPay partners WorldRemit to offer International Mobile Money Transfer Service

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An emerging Financial technology services company, OPay Nigeria has announced a partnership with WorldRemit, a global digital payment platform to offer international money transfers directly into OPay mobile wallets in Nigeria.

The partnership between the two Fintech giants will provide Nigerians with an alternative platform to receive money from over 50 countries including the United States, United Kingdon and Canada directly into their mobile phones.

In a statement released by OPay director of Remittance Service, Kunle Olamuyiwa, the partnership with WorldRemit will smoothen the process in which Nigerians receive money from friends and family abroad.

“We are very excited about our partnership with WorldRemit. At OPay, our goal is to consistently drive financial inclusion across Nigeria, meeting the demands of the banked and unbanked.

“With our seamless technology, OPay provides Nigerians with a much more comfortable and faster option for customers to receive money in the comfort of their homes. Our 300,000 agent locations spread across the country makes cash withdrawals more convenient,” Olamuyiwa adds.

“OPay also offers an exciting opportunity for customers to save and invest their money in its FlexiFixed service, which offers up to 12% returns per annum.

The service, which launches in September 2020, is immediately available to all OPay customers on KYC 2 level and above. New customers can download the Opay app from the Google Playstore or iOS store and upgrade to KYC level 2 to instantly access the service.

“This partnership ensures that customers can continue to make affordable money transfers to their family and friends in the comfort of their homes. Together WorldRemit and OPay are disrupting traditional money transfer methods by delivering services that customers can access 24/7 via smartphones at their convenience.

“I’m pleased to share that we’ve reduced prices in 48 corridors and passed the savings onto our customers. With communities across the world having to change their lifestyles due to the disruption caused by Covid-19, we’re proud to play our part in making sure our customers can continue to support their family and friends throughout this challenging time,” says Gbenga Okejimi, Country Manager for Nigeria & Ghana at WorldRemit.

About OPay

OPay is a leading mobile money (MMO) and financial technology platform in Nigeria. Currently, it has a network of 300,000 agents, 5 million registered app users, and an ever-increasing range of financial and related services for Nigerians.

OPay launched its mobile payment service in August 2018, creating an infrastructure on which the company is now also adding new services. The agent-centric mobile payment operation focuses on reaching the massive unbanked population of Nigeria.

About WorldRemit

WorldRemit is a leading international payments company that enables users to transfer money to countries, including the Philippines, Kenya, Nigeria, Zimbabwe, and India, as well as choose whether transfer is received as a bank deposit, cash pickup, mobile money, and airtime top-up. The company was founded in 2009.

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