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WorldRemit to offer international money transfer services directly into OPay mobile wallets in Nigeria

WorldRemit has partnered with OPay, the Opera-backed Nigerian financial service technology firm to offer international money transfers directly into OPay mobile wallets in Nigeria. 

The deal will see Nigerians receive money transfers from over 50 countries including the United States, United Kingdom and Canada directly into their mobile phones.

In a statement, ‘Kunle Olamuyiwa, Director of Remittance Service at OPay said, “We are very excited about our partnership with WorldRemit. At OPay, our goal is to consistently drive financial inclusion across Nigeria, meeting the demands of the banked and unbanked. With this partnership, we will smoothen the process in which Nigerians receive money from friends and family abroad.”

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OPay, which has over 300,000 agent locations spread across Nigeria for deposits and withdrawals also offers its customers an opportunity to save and invest their money in its FlexiFixed service, which offers up to 12% returns per annum.

The service which launches in September 2020, is immediately available to all OPay customers on KYC 2 level and above. New customers can download the Opay app from the Google Playstore or iOS store and upgrade to KYC level 2 to instantly access the service.

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James Musoba
James Musoba
Studying Africa's startup and technology scene. I always look forward to discovering new exciting inventions and vibrant entrepreneurs.

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