OPay is still dedicated to working closely with the Central Bank of Nigeria (CBN) and other regulatory organisations to combat money laundering, fraud, terrorism financing, and other unlawful financial activity.
As a regulatory-compliant organisation, OPay adheres to the standards established by the CBN and other regulators to protect the financial system’s integrity.
To do this, we have cancelled non-compliant accounts, deployed stringent security measures, and educated users to resist fraud.
To support government efforts to clean up the financial industry, Opay and other Fintechs companies have temporarily paused onboarding new customers and creating new wallets. This action reflects our commitment to a secure financial environment and fighting against illicit activities.
Please note that existing accounts and wallets remain unaffected by the CBN’s directive. We want to assure our customers that their funds are secure, their data is protected, and this is a temporary measure.
Customer satisfaction is our top priority, and we are committed to promoting financial inclusion and economic growth as key players in Nigeria’s financial ecosystem.