One of Nigeria’s largest mobile wallets, covering transfers, airtime, bills, ride-hailing and merchant acceptance, with a vast agent network — a mainstay of everyday payments in Nigeria.
!Not a bank. OPay operates as a CBN-licensed mobile money operator in Nigeria; wallet balances are e-money, not bank deposits; wallet balances are e-money / stored value, NOT deposits, and are outside deposit-insurance protection. Funds are safeguarded in segregated / trust accounts under the applicable rules, not covered by any deposit guarantee scheme.
Yes. You need a Nigerian mobile number; verification uses BVN (Bank Verification Number) or NIN (National Identity Number). Foreigners without BVN/NIN can try a restricted registration with a passport, with lower limits.
No mandatory minimum; an initial top-up of NGN 1,000–5,000 is typical｜Transfers and spending are usually free; withdrawals and some merchant transactions are charged per in-app notices.
Limits scale with verification tier: without BVN/NIN, balance and transaction caps are very low, raised after verification. Check the app. Balances are not deposits and are not deposit-insured.
Yes. You need a Nigerian mobile number; verification uses BVN (Bank Verification Number) or NIN (National Identity Number). Foreigners without BVN/NIN can try a restricted registration with a passport, with lower limits.
Local bank account: Not required — top up with cash at agents or link a bank card. Items typically needed: A Nigerian mobile number; BVN (Bank Verification Number) or NIN; Passport (alternative for foreigners); A smartphone.
Typically: A Nigerian mobile number; BVN (Bank Verification Number) or NIN; Passport (alternative for foreigners); A smartphone.
How to sign up: Fully online — register with a Nigerian number and BVN/NIN or passport (About 10–20 minutes). Steps: 1) Download the OPay app 2) Register and verify with your Nigerian number 3) Enter your BVN/NIN for verification (or try a passport as a foreigner) 4) Top up with cash at an agent or link a card 5) You can then transfer, pay bills and pay by QR Fees: Transfers and spending are usually free; withdrawals and some merchant transactions are charged per in-app notices.
Limits scale with verification tier: without BVN/NIN, balance and transaction caps are very low, raised after verification. Check the app. Balances are not deposits and are not deposit-insured.
E-wallet rules change often — always follow the latest instructions in the official app.