I created my OPay Account in half a decade ago, and since then, I haven’t experience any issue concerning money lost in my account. This isn’t about sweet talk, OPay is, indeed, a safe platform you can trust with your money.
Aside the fact that OPay App is licenced by the Central Bank of Nigeria (CBN) as a digital bank that carry our microfinance banking to Nigerians, all inward transfers to your OPay Account is also insured by the Nigeria Deposition Insurance Cooperation (NDIC).
OPay is also a registered company with the Cooperate Affairs Commission (CAC) of NIGERIA. All these show that OPay is a secured and safe finance app you can use to manage your finances.
How safe is OPay App?
Asides all that, OPay App is a prominent Nigerian fintech app that has established itself as a key player in driving financial inclusion. However, with the increasing reliance on digital financial services, concerns regarding user security is what the platform priorities.
In addition, OPay App allows you to take control of over your funds security through features like: account locking that let you instantly lock your account via USSD codes in case of lost or stolen devices, minimizing the risk of unauthorized access, and transaction monitoring that let you receive real-time notifications for all transactions, enabling yoy to identify and report any discrepancies promptly.
How safe is OPay to use?
Speaking of regulatory compliance and certifications, like I said earlier, OPay operates under the license of the Central Bank of Nigeria (CBN), adhering to stringent regulatory standards. This is to ensures a baseline level of security is by your side.
Additionally, you know OPay offers a virtual and physical card, which is manageable within it app? OPay boasts PCI-DSS Level 1 certification, a globally recognized benchmark for secure card data handling, to secure these card at high levels.
However, in the technological safeguards, OPay utilizes various security features to protect your data and transactions. These features include:
- Encryption: Your financial data is encrypted both in transit and at rest. This helps safeguard your sensitive information from unauthorized access.
- Multi-factor Authentication: Upon account creation, you are required to implement multiple verification methods, such as passwords and one-time codes, and even face recognition lock to access your accounts. This helps ensure that your OPay is safe.
- Fraud Detection Systems: OPay utilizes advanced systems to monitor transactions for suspicious activity and prevent potential fraud attempts. When any suspicious activities are detected on your account, OPay will systematically deactivate your account and will be re-activativated upon request which will incurs for additional verifications.
In essence, OPay App is safe to use and the finance platform is trustworthy mobile money service in Nigeria. The payment app has built itself a good reputation. OPay is a common name in every households in Nigeria.
Leave a Reply