How to Open an Account with Opay/ How to use Opay App for payments, Sending and Receiving Money

If you’re looking for a complete guide on How to Open an Account with Opay/ How to use Opay App for payments, Sending and Receiving Money, you’ve come to the right place.

In this article, we will provide you with a step-by-step guide on how to open an account with Opay and start enjoying its convenient online banking services. 

We will also walk you through how to use the Opay App for payments, sending, and receiving money.

But first, let’s understand what Opay is all about

Overview of Opay Bank?

Opay is a financial technology company that provides a digital mobile payment network solution to its customers. 

It is an online social network platform owned by Opera and was originally called Opera Payment.

It was created with a mission to expel the aggravation attached to making payments in Africa. 

It is a foreseen advantage that OPay will make Nigeria, the Giants of Africa, a boosted economy with an adequate financial setup.

The Opay company was founded in 2018 and is based in San Francisco, California.

Afterward, it was introduced in Lagos, Nigeria also, in 2018 and has become the commercial hub in Nigeria. 

It has since gained so much popularity considering its effective customer service and has since spread to other parts of the country.

Requirement Needed to open an Opay Account

To have access to the opay digital platform, it is required for you to register and before you can register, there are requirements to take notes. 

The basic requirements needed to open an Opay account include:

•  An active phone number

•  A valid email address 

• A strong internet connectivity

• A Valid identification number such as a National ID card, International passport, or Driver’s license.

This is needed to comply with KYC (Know Your Customer) rules and regulations.

• A valid and active Nigeria bank account

• Bank Verification Number (BVN)

• Opay mobile app

And with those requirements, you are cool to start the journey of enjoying massive benefits from opening an opay account.

Now, let us discuss, How to Open an Account with Opay/ How to use Opay App for payments, Sending and Receiving Money

How to Open an Account with Opay

As said earlier, Opay is a financial technology company that offers a digital mobile payment network solution to its customers. 

It is an online social network platform owned by Opera and was initially known as Opera Payment. 

The company’s mission is to eliminate the hassle associated with making payments in Africa. 

Opay has gained great popularity for its efficient customer service and has become a prominent player in Nigeria’s financial landscape.

Now, how do you open an account with Opay?  Let’s look into the essential steps to open an account with Opay:

Step 1: Download the Opay App

To get started, visit the Google Play Store or App Store, depending on your device’s operating system, and search for “Opay.” 

Select the Opay app from the search results and click the download button to install it on your device.

Step 2: Register Your Account

Once you’ve downloaded the Opay app, launch it and select the “Register” option. 

Provide accurate information such as your full name, country, phone number, email address, and password. 

This information will be used to verify your identity, so it’s crucial to ensure accuracy.

Step 3: Verify Your Phone Number

After registering, you will receive a One-Time Password (OTP) on your phone number from Opay. 

Enter this OTP into the app to verify your phone number. Once your phone number is verified, you can proceed with the registration process.

Step 4: Complete Your Profile

To enhance security and ensure a smooth user experience, it is important to complete your profile by providing additional details such as your date of birth, occupation, and home address. 

This additional information helps Opay verify your identity and protect your account.

Step 5: Verify Your Identity

To access the full range of features on Opay, you need to verify your identity. 

This is done by presenting valid identification documents such as a National ID card, International Passport, or Driver’s License. 

Once Opay verifies your identity, you will have unrestricted access to the platform’s services.

Step 6: Fund Your Account

To start utilizing Opay’s services, you need to fund your account. 

Funding is a straightforward process. Simply select the “Fund” option on the app’s home screen and choose the payment method that suits you best. 

Options include debit card, bank transfer, or any other payment methods available on the platform.

Step 7: Start Using Opay

Once your account is fully funded, you’re ready to start using Opay for various transactions such as bill payments, airtime top-ups, and money transfers. 

To navigate through the app easily, utilize the menu bar located at the bottom of the screen. 

From here, you can access features like “Send Money,” “Buy Airtime,” and “Pay Bills.”

How to use Opay App for payments, Sending and Receiving Money

Having discussed How to Open an Account with Opay, lets talk about How to use Opay App for payments, Sending and Receiving Money

To make payments, send or receive money effortlessly using the Opay app, follow these steps:

•  Download the Opay app from the Google Play Store or App Store.
•  Create an account by providing your phone number and email address.
• Add funds to your Opay wallet by linking a Nigerian debit card or bank account.

1. To send money, click on the “Send Money” icon, enter the recipient’s phone number and the amount you wish to send. Confirm the details and enter your PIN to complete the transaction.

2. To receive money, click the “Receive Money” icon, share the generated QR code with the sender or provide your phone number. The sender can then scan the code or enter your phone number to transfer funds to your Opay wallet.

3. To make payments or buy airtime, click on the “Payments” icon, choose the bill category, enter the necessary payment details, and confirm the payment.

4. To withdraw funds, click the “Withdrawal” icon, select the payment method (ATM or Opay agent), enter the withdrawal amount, and confirm your identity with your PIN.

However, ensure the security of your Opay account by regularly changing your PIN and never sharing your login details with anyone.

Final Thoughts on How to Open an Account with Opay/ How to use Opay App for payments, Sending and Receiving Money

Opay offers a seamless and convenient way to manage your finances online. 

By following the step-by-step guide provided in this article on How to Open an Account with Opay/ How to use Opay App for payments, Sending and Receiving Money, you can easily open an account with Opay and start enjoying its numerous benefits. 

Also, you can use the Opay app for effortless payments, sending, and receiving money.

We hope you find this article on How to Open an Account with Opay/ How to use Opay App for payments, Sending and Receiving Money helpful. 

Frequently Asked Questions How to Open an Account with Opay/ How to use Opay App for payments, Sending and Receiving Money

What are the requirements for opening an account with Opay?

You need to provide your full name, date of birth, phone number, and a valid ID card to open an account with Opay.

Can I open an account with Opay if I am not in Nigeria?

No, Opay accounts are only available to Nigerian residents.

How do I download the Opay app?

You can download the Opay app from the Google Play Store or Apple App Store, depending on your device’s operating system.

How long does it take to open an Opay account?

Once you provide all the necessary information, the account opening process is usually instantaneous.

Is there a fee to open an Opay account?

No, opening an Opay account is completely free of charge.

What services can I access with an Opay account?

With an Opay account, you can access various financial services such as money transfers, mobile airtime top-ups, bill payments, and more.