ADVERTISEMENT
TechEconomy
Monday, May 12, 2025
No Result
View All Result
Advertisement
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » OPay Reacts to Viral Video, Allegations of Fraud

OPay Reacts to Viral Video, Allegations of Fraud

Joan Aimuengheuwa by Joan Aimuengheuwa
October 3, 2023
in StartUPs
0
OPay Reacts to Viral Video, Allegations of Fraud
Source: Opay

Source: Opay

RelatedPosts

YC-Backed CodeAnt AI Raises $2M

YC-Backed CodeAnt AI Raises $2M to Automate Code Reviews as AI Coding Surges

May 7, 2025

Soludo Empowers 1 Million Anambra Digital Tribe

May 7, 2025

Opay, a digital payment platform, has responded to a recently surfaced video on various social media platforms.

The Fintech company vehemently denied allegations of incompetency and fraudulent activities made against the company. 

The video, which circulated on platforms such as TikTok, Twitter, and WhatsApp, accused OPay of mishandling certain agent accounts, but the fintech company says this happened over two years ago, on August 23, 2021.

In an official statement released, OPay assured its esteemed customers that the incident in question had been promptly addressed in collaboration with relevant stakeholders at the time. The company asserted that corrective actions were taken, and since then, OPay has continuously educated and sensitized its users about account data security. 

To enhance user safety, OPay has implemented robust security measures, including BVN verification and Face ID verification. 

The company also highlighted its round-the-clock Customer Service, available to assist users with any concerns.

OPay urged its customers and the general public to dismiss the content of the viral video, emphasizing that it was misleading and intended to spread false information. The company reaffirmed its commitment to safeguarding user data, citing it as their utmost priority. OPay, licensed by the Central Bank of Nigeria and insured by the NDIC, boasts a user base of over 40 million, with 500,000 agents and 150,000 merchants across Nigeria. 

OPay reemphasized its dedication to ensuring financial inclusion through technology, promoting shared prosperity, and offering a wide range of services beyond banking. The company, founded by Opera Norway AS Group, operates in several emerging markets globally, including Mexico, Egypt, Pakistan, and Nigeria, where it serves millions of users with seamless payment, transfer, loan, savings, and other essential services.

As written in the statement:

United BANK

“Dear esteemed customer,

Our attention has been drawn to a video that resurfaced on some social media platforms (Tik Tok, Twitter & WhatsApp) regarding alleged fraudulent activities on some OPay Agent accounts. This incident occurred over 2 years ago (August 23, 2021) and we took the right and appropriate actions with the relevant stakeholders to resolve the stated issues.

From that point onward, we have periodically educated and sensitized our customers about account data security, encouraging them not to fall victim to malicious information, fraud, and scams. In order to further protect our users, we have taken significant measures to protect customer data and accounts by continuously upgrading our security system and adding extra layers of security measures such as BVN verification, and Face ID verification. Furthermore, we also provide 24-hour Customer Service to help our customers resolve any issue. We implore our customers and the general public to disregard the video and its content and beware of individuals and groups of people who peddle wrong information.

We wish to reiterate our unwavering commitment to protecting our users from fraudulent activity or scams as customer data protection is our priority. OPay is a leading digital payment platform licensed by the CBN and insured by NDIC with over 40m users, 500,000 agents, and 150,000 merchants in Nigeria and remains committed to providing the best service and user experience to its valued customers.

Signed: Management”

 

Loading

United BANK

Author

  • Joan Aimuengheuwa
    Joan Aimuengheuwa

    Joan thrives at helping individuals and businesses scale via storytelling...

    View all posts
0Shares

Tags: Allegations of FraudOPayViral Video
Previous Post

Successful Change Management Requires an Awareness of Built-in Resistance 

Next Post

IHS Towers wins Big in Tech Innovation Awards 2023

Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

Related Posts

YC-Backed CodeAnt AI Raises $2M
StartUPs

YC-Backed CodeAnt AI Raises $2M to Automate Code Reviews as AI Coding Surges

by Joan Aimuengheuwa
May 7, 2025
0

…helping engineering teams cut manual code review time and bugs by over 50%

Read more
1 Million Anambra Digital Tribe | Government Approves ₦97M Solution Data Platform to Enhance Governance, Security

Soludo Empowers 1 Million Anambra Digital Tribe

May 7, 2025
Swedfund Invests $15M in African Impact Fund to Boost SME Growth, Job Creation

Swedfund Invests $15M in African Impact Fund to Boost SME Growth, Job Creation

May 6, 2025
Interledger Foundation Ambassador Cohort

Interledger Foundation Announces New Round of Ambassador Cohort

May 6, 2025
Skillvue Raises $6.3 Million

Skillvue Raises $6.3M to Transform How Companies Discover, Develop Hidden Talent

May 5, 2025
Money Fellows Raises $13M

Money Fellows Raises $13M to Expand Its Digital Savings Circles Beyond Egypt

May 5, 2025
Next Post
IHS Towers wins Big in Tech Innovation Awards 2023

IHS Towers wins Big in Tech Innovation Awards 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

CYBERSECURITY ESSENTIALS
byTecheconomy

BUILDING STRONGER NETWORKS AND COMMUNITIES

CYBERSECURITY ESSENTIALS
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Filmmaking and Technology: A chat with Micheal Chineme Ike
June 7, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz
uba

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.