By Ayomide Otitoju
OPay, a prominent player in Nigeria’s fintech industry, has been awarded ‘Mobile Payment Solutions Provider of the Year’ at the 12th Annual Banks and Other Financial Institutions (BOFI) Awards, celebrating its commitment to innovation and secure digital payments.
In a statement on Monday, OPay described the award as recognition of its focus on enhancing security and user experience. “This award reinforces our commitment to protecting users’ financial integrity,” OPay stated, highlighting its development of security features like the Large Transaction Shield, which adds a verification step for high-value transactions, and NightGuard, which allows users to limit account access during overnight hours for added security.
Additionally, OPay has prioritized accessibility, introducing USSD codes for transactions without internet connectivity, reflecting its dedication to financial inclusion across regions with limited internet access. “We’re proud to be recognized for our commitment to security and innovation,” said OPay COO Dotun Adekunle, adding that OPay’s services advance financial inclusion, empowering millions of users and merchants across Nigeria.
Licensed and regulated by the Central Bank of Nigeria and insured by the Nigeria Deposit Insurance Corporation, OPay continues to meet high standards of security and compliance while expanding its services nationwide.
