OPay [Nigeria] has received approval from the Central Bank of Nigeria to resume onboarding new users, Techeconomy can report.
The company said the CBN’s approval reflects its [OPay’s] unwavering commitment to regulatory compliance, robust security practices, and the fight against financial crime.
“We are thrilled to welcome new users to the OPay family, said Adekunle Adeyemi, head of Marketing, OPay “This milestone underscores our dedication to building a secure and inclusive financial ecosystem for all Nigerians.”
“OPay prioritizes user safety and financial security. The company adheres to strict KYC (Know Your Customer) verification processes, ensuring the legitimacy of all accounts. We encourage all users to complete the verification process thoroughly.
“We extend our sincere gratitude to our existing customers for their unwavering support and understanding during this period. Your patience and trust have been invaluable.
The fintech company said it remains dedicated to the mission: “Simplifying financial services through technology, making transactions effortless, and offering a seamless payment experience for every Nigerian. They urge customers to stay tuned for exciting new features coming soon to the OPay App”.
“The management charged customers to experience the power and convenience of OPay. Millions of Nigerians trust OPay – so new customers are to discover why they should too by downloading the OPay App today and join the financial revolution journey.
Background
Recall, the Central Bank of Nigeria had hinted mobile money operators, including fintech firms will resume enrolling new customers in a couple of months from now.
Mr Olayemi Cardoso, CBN Governor disclosed this at the end of the 295th Monetary Policy Committee (MPC), meeting of the apex Bank in Abuja, recently.
The Fintech companies were temporarily barred from new customers onboarding following issues arising from cryptocurrency trading and its impact on the naira. Issues around Know Your Customer (KYC) were also pointed as part of reasons they were customer onboarding processes were halted.
Techeconomy can report that OPay, PalmPay and Moniepoint, have confirmed resumption of new/user onboarding.
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