OPay maintains its steadfast commitment to collaborating closely with the Central Bank of Nigeria (CBN) and other regulatory bodies in combating money laundering, fraud, terrorism financing, and other illicit financial activities.
As a regulatory-compliant institution, OPay adheres strictly to the regulations set forth by the CBN and other governing bodies to uphold the integrity of the financial system. In line with this commitment, we have taken proactive measures such as closing non-compliant accounts, implementing robust security protocols, and conducting customer education initiatives to combat fraud effectively.
In solidarity with government initiatives aimed at purifying the financial sector, OPay and other fintech companies have temporarily halted the onboarding of new customers and the creation of new wallets. This decision underscores our dedication to fostering a secure financial environment and actively combating unlawful activities.
It’s important to note that existing accounts and wallets remain unaffected by the CBN’s directive. We want to assure our valued customers that their funds are secure, their data is safeguarded, and this measure is temporary in nature.
Customer satisfaction remains paramount to us, and we are unwavering in our commitment to advancing financial inclusion and fostering economic growth as integral contributors to Nigeria’s financial landscape.
