How do I open an Opay account number? This article will explain how to open an Opay account and give vital information on how to use Opay services.
In light of the present trend towards cashless policy in most countries and the attendant issues with physical bank transactions such as poor networks, failed transactions and long waiting times, digital banks such as Opay and others seem to be a favourable option.
Because opening accounts with these neo banks is completely online and seamless, transactions are easier, faster, more efficient and cheaper with most digital banks.
Opay Digital Service Limited is one of the popular fintech companies operating in South Africa, Kenya, Nigeria and other African countries.
It has a MFB (microfinance bank )licence with CBN powered by BlueRidge Microfinance Bank and all Opay bank deposits are insured by NDIC (Nigerian Deposit Insurance Company).
Opay initially called Opera Payment is owned by Opera software company (The developers of Opera mini browser) and was created to make financial transactions easy in Africa. Open an Opay account today for easy financial transactions.
OPay Office is located at Alexander House, Otunba Jobi Fele Way. Ikeja. Lagos, Nigeria.
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Requirements to Open an Opay Account
An active phone number and functional email are the only requirements to open an Opay account.
Additionally, you will need a valid government-issued Identity document and your BVN (Bank Verification Number) to increase your Opay bank account transaction limit.
Can I open an Opay account without BVN? Yes, but as stated above the account’s daily transactions will be very limited. Thus it is recommended you open an Opay account with BVN.
How to Open an Opay Account
To open an Opay account, follow the steps below:
Step 2. Launch the Opay app after installing the app.
Step 3. Click on create a new account or Opera sign Up.
Step 4. Choose your country/location and enter your phone number in the text box provided.
An OTP will be sent as an SMS (text message) to the phone number you used above. You can also receive the code via WhatsApp
Step 5. After receiving the OTP, type the OTP in the text box provided and click confirm to proceed.
Step 6. Create a six-digit password, which you would use to access your Opay account.
Step 7. After the above, you will be required to fill in other personal information such as Name and Email address in the text box provided.
Step 8. A verification mail will be sent to the email you entered above, check your email and click on the link to confirm your email.
Once the above is done, congratulations you have created your Opay account.
Note: After you open an Opay account, Opay will put some restrictions on the account such as a daily transfer limit of N10,000 and a deposit limit of N30,000.
However, these restrictions will be lifted by Opay, once you upload a valid government-issued Identity card, utility bill and Bank verification number. Open an Opay account today.
How to Fund Your Opay account
After you open an Opay account the next action will be to fund your Opay account/wallet which is easy and can be done via three methods:
- Bank mobile app
- Debit card (ATM card)
- Opay agent
How to Fund Your Opay Account with a Mobile Bank App
To fund your Opay account via your mobile bank app. Ensure your bank is one of the Opay-supported banks such as UBA, Zenith Bank, First Bank, GTBank, Union Bank, Access Bank, Heritage Bank, Stanbic IBTC, FMCB, Sterling Bank and Wema Bank.
To fund your Opay account with the mobile bank app, select Paycom/Opay Digital Service Limited as the bank, then enter your Opay account number which is the phone number you used when you created an account on Opay without the first digit(0).
How to Fund Your Opay Account with a Debit Card
The Second way to fund your Opay account is a debit card. This will warrant linking your debit card to your Opay account, for easy transfer of funds from your debit card to your Opay account.
Note the debit card mentioned above is not an Opay debit card, but the debit card of your account with other banks. Open an Opay account today and get an Opay debit card.
How to Fund your Opay Account with Opay agents
The third way to fund your Opay account is via Opay agents. Once you locate an Opay agent, the agent can deposit money into your Opay account/wallet.
However, you will provide the Opay agent with your Opay account number and the cash equivalent of the amount you want him to deposit in your Opay account. Open an Opay account today.
How to withdraw Funds from Opay account.
The Opay app allows you to transfer funds to other banks once you have the beneficiaries’ account details.
You can withdraw cash with an Opay debit card using ATMs of all supported banks. Alternatively, you can locate the nearest Opay agent, who will help you withdraw funds from your account and then give you the cash equivalent.
In addition to the above, you can easily purchase airtime, pay utility bills, pay for cable TV and perform other transactions via the Opay app.
How to get an Opay Debit Card
Opay Debit cards can be used like other debit cards to make purchases and also for cash withdrawals. The Opay card requires no maintenance fee. To get an Opay debit card follow the steps below:
Step 1. Launch your Opay app
Step 2. Click on Me
Step 3. Click Request for Opay debit card. The referral column can be left empty, click on Confirm.
Step 4. Select Pick Up location/address
Step 5. Fill in the required information in the text box provided and you are done. You will be charged a N700 Debit (ATM) card fee.
When you receive the Opay debit card follow the Opay app instructions or visit the nearest Zenith bank to activate the Opay ATM card.
How to Check Opay Account Number
After you open an Opay account, you will need to get the Opay account number for financial transactions.
An Opay account number is the last 10 digits of the phone number associated with your Opay account. For instance, if the phone number you used was 01234567891, then your Opay account number is 1234567891.
Alternatively, you retrieve or check your Opay account number and account balance via the Opay USSD code. Simply dial *995# with the phone number associated with your Opay account, It will display your Opay account /wallet number and your Opay balance.
In the event, that you cannot remember the phone number you used when signing up with Opay, then retrieve your Opay account number by visiting the Opay Contact Us page and using any of the available options to retrieve your Opay account number.
How to Get Opay POS Terminal
A POS terminal is an electronic device that allows business owners to securely execute in-person financial transactions, such as ATM card payments.
Opay POS improves the ease of business transactions by providing a secure, fast and easy payment method for purchases.
Requirements to Apply for Opay POS Terminal
- Bank Verification Number (BVN)
- Passport Photograph
- Recent Utility Bill (Not more than three months old)
- Valid means of identification. (National Identity card/document, Drivers licence or International passport)
To get Opay POS follow the steps below:
Step 1. Open an Opay Account. If you don’t have an Opay account, follow the steps above to open an account with Opay.
Step 2. Send a mail requesting for an Opay merchant registration form to email@example.com
Step 3. Complete the Opay merchant registration form and upload all the requested documents.
Step 4. Wait for a response from Opay mini agent within 48 hours or you can contact opay POS customer care at firstname.lastname@example.org.
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