OPay

OPay - The first cashback wallet in Nigeria(A secure app that helps you make convenient payment anywhere you are! )

ABOUT OPAY
●The leading Mobile Payment platform in Nigeria, with over 10+ million users.
●Enjoy free bank transfers. No service fee.
●Get cashback when you pay for Airtime, bills and more.
●Get a physical debit card for free and enjoy free withdrawals and zero card charges
●Use our Savings feature to enjoy up to 20% interest rate annually.
●OKash and Easemoni make it efficient for you to access credit anytime, anywhere.
●Chat with friends for free, and create group chats with your friends and family on OPay.
●OPay attaches great importance to protecting users‘ information, wallets and privacy.

MORE SERVICES
● Various flexible savings tools
Enjoy up to 20% annual interest, get expert financial management and reach your goals faster when you save with OPay.

Owealth Savings:
You can save and get daily returns with up to 15% annual interest when you keep your money in Owealth. Funds in OWealth can also be used for transactions

Fixed Savings:
Fixed savings plan helps to achieve specific goals or project with ease as you can save for as short as 7 days and get up to 20% annual interest upfront with Fixed savings

Target Savings：
Target savings allows you to save toward specific goals like wedding, new car, new business, house rent, school fee, vacation etc and get up to 17% annual interest on your Savings plan. You can save at your prefered intervals and monitor your savings with ease.

Safebox Savings:
You can set a daily, weekly or monthly autosave plan with safebox and get up to 15% annual interest on your savings 5. Spend & Save: Spend & Save helps create healthy savings habits as you can save a percentage of money spent or transfered and get daily return with up to 8% interest per annum on your savings.

For example:
Invest: ₦50,000 for one year
The amount of interest: ₦50,000x15%x365/365=₦7,500
The amount of return: ₦50,000+₦7,500=₦57,500
Note: Choose different products or maturities, the annualized interest rate may be different, but the calculation formula is the same.

● Various Loans
Okash:
Tenure: We will require your repayment from the 91st day to the 365th day.
Loan Amount: from ₦3,000 to ₦500,000.
Interest Rate: With a minimum of 0.1% to a maximum of 1%Our interest rate is calculated on a daily basis. Annual interest rate is from 36.5% to 360%.
Origination Fee: Range from ₦1,229 – ₦6,000 for one-time charge
For example
91days loan payment terms have a processing fee of 41% and interest of 9.1%.
For the loan processed with principal amount of ₦3,000; the processing fee would be ₦1,229; the interest would be ₦273; the total amount due would be ₦4,502.
The total amount due in the first month would be ₦1,512; the processing fee would be ₦419; the interest would be ₦93.
The total amount due in the second month would be ₦1,495; the processing fee would be ₦405; the interest would be ₦90.
The total amount due in the third month would be ₦1,495; the processing fee would be ₦405; the interest would be ₦90.

Easemoni:
Loan Amount: from NGN 3,000 to NGN 1,000,000.
Tenure: We will require your repayment from 91 days to 365 days.
Interest Rate: 5% to10% monthly , APR60%-120%
For example
91-days loan payment terms have a interest fee of 5% monthly .
For the loan processed with principal amount of ₦3,000;the interest would be ₦273; the total amount due would be ₦3,273.
Then first month repayment would be ₦1091.
repayment of second month would be ₦1091.
the third month repayment would also be ₦1091.

CONTACT US
We have a dedicated support team available 24/7 for all your inquiries and complaints.
Our website: https://opayweb.com
WhatsApp: 2349066722924
Email: support@opay-inc.com or ng-support@opay-inc.com
Office Address: 16B Emina Cresent, Off Toyin Street, Ikeja, Lagos State, Nigeria
This APP is intended solely for users who are 18 years of age or older.
Download OPay app today!