Opay, a Nigerian fintech firm has partnered WorldRemit on direct transfer of money into its mobile wallets in the country.
Opay Director of Remittance Service, Kunle Olamuyiwa said in a statement that the partnership would provide Nigerians with a fast, easy, and more affordable way to receive money directly into their mobile phones from over 50 countries.
He said: “The countries include the United States, the United Kingdom, and Canada. We are very excited about our partnership because our goal is to consistently drive financial inclusion across Nigeria, meeting the demands of the banked and unbanked.
“With this partnership, we will smoothen the process in which Nigerians receive money from friends and families abroad,’’ he said.
Olamuyiwa said that with its seamless technology, OPay has provided Nigerians with comfortable and faster option to receive money in the comfort of their homes.
“Our 300,000 agent locations spread across the country make cash withdrawals more convenient.
“We also offer an exciting opportunity for customers to save and invest their money in FlexiFixed service, which offers up to 12 per cent returns per annum.
“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,’’ he said.
Mr Gbenga Okejimi, WorldRemit Country Manager for Nigeria and Ghana, said that the partnership would disrupt traditional money transfer methods by delivering services that customers could access through smart phones.
Okejimi added that the platform had also reduced prices in 48 corridors and passed savings onto its customers.
“We are proud to play our part in making sure our customers can continue to support their families and friends throughout this challenging time due to the disruption caused by COVID-19,’’ he said.