OPay has been awarded the “Mobile Payment Solutions Provider of the Year” award at the prestigious 12th Annual Banks and Other Financial Institutions (BAFI) Awards organized by BusinessDay.
This recognition is a testament to Ope’s continued innovation, commitment to customer satisfaction and leadership in secure digital payments within Nigeria’s rapidly growing fintech ecosystem.
The award further reinforces OPA's continued drive to enhance security and user experience across its suite of financial products and services. With a clear focus on protecting the financial integrity of its users, Opay has pioneered a number of innovative security solutions that address key challenges in the digital payments sector.
One of Opay's standout innovations is the Large Transaction Shield, which provides an additional layer of protection for users handling high-value transactions.
By introducing an additional verification step, this solution reduces the risk of errors and unauthorized transfers, giving users peace of mind. Additionally, OPay's NightGuard feature allows users to restrict access to their accounts during specific hours, protecting them from potentially fraudulent activities during the vulnerable overnight period.
OPay has also made significant strides in accessibility and inclusion by integrating USSD codes, allowing users to transact securely without the need for internet connectivity. This seamless, offline transaction capability – coupled with strong security protocols – reflects Ope’s commitment to ensuring that financial services are available to all, even in areas with limited internet access.
Dotun Adekunle, COO of OPay, said, “We are incredibly proud to be recognized as ‘Mobile Payment Solutions Provider of the Year’. This award and recognition reflects our unwavering commitment towards security, innovation and providing a seamless and secure digital payments experience to our users.
“At OPay, we believe that providing secure and accessible financial solutions is essential to advancing financial inclusion and empowering individuals and businesses alike.”
As a licensed and insured financial institution regulated by the Central Bank of Nigeria (CBN) and insured by the Nigeria Deposit Insurance Corporation (NDIC), OPA meets high standards of security and compliance while expanding access to a wide range of financial continues to do and surpass them. Services. Opay's offering simplifies financial operations for millions of users and merchants across Nigeria.
OPay’s win at the BAFI Awards further cements its position as a leader in the fintech industry and highlights its important role in shaping the future of secure and innovative financial solutions in Africa.
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