Opay, AfriGOpay sign deal to enhance digital payment services in Nigeria

Fintech mobile money operating company Opay has signed a partnership deal with AfriGOpay Financial Services Limited (AFSL), a subsidiary of the Nigeria Inter-Bank Settlement System (NIBSS), to enhance the availability of digital payment services in Nigeria.

AfriGO payment card, powered by AfriGOpay, strives to increase financial inclusion through new solutions and the use of technology.

The new OPay/AfriGO alliance will enable rapid scalability while also ensuring that secure and convenient payment solutions are available throughout Nigeria.

“Our partnership with AfriGO aligns with our goal of simplifying financial services for every Nigerian,” said Mr. Dauda Gotring, MD/CEO at OPay.

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“The OPay/AfriGO card is not just a product; it’s a powerful tool that will enable us to reach more Nigerians, particularly those who have been underserved by traditional banking services. This will provide Nigerians with a more affordable payment option, enable instant settlement of transactions, and further promote financial inclusion across the country.”

Speaking on the collaboration, the Managing Director & CEO of Afrigopay Financial Services Ltd. (AFSL), Mrs. Ebehijie Momoh, said, “This partnership is set to transform financial service delivery, particularly in underserved areas. Agent networks expand coverage by supporting local businesses and offering key banking services, such as purchases, deposits, withdrawals, and money transfers, thus enhancing accessibility and promoting financial inclusion.

‘‘With the AfriGO Instant Settlement service, merchants and agents will benefit from the immediate finalization of transactions, leading to greater efficiency, improved cash flow, and reduced risk. Supported by robust technology infrastructure and effective liquidity management to ensure smooth and secure operations, together we will make financial services faster and more accessible.”

The post Opay, AfriGOpay sign deal to enhance digital payment services in Nigeria appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.

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