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.
● 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:
OWealth provides you with up to 15% rate of return per annum. You can withdraw your money at anytime with no extra fees.

Targets savings:
Targets is a target financial product that allows you to create a unique saving target for your situation and save with discipline on a monthly/weekly/daily basis. Targets provides you with 17% rate of return per annum.

Fixed savings:
Investing in Fixed can get an annualized rate of return up to 18%. New users of Fixed can enjoy an exclusive 20% annual interest rate.

Spend&Save:
Spend & Save is a savings product of Blue Ridge Micro-finance bank embedded in OPay. it is designed to help you make full utilization of your funds using a "save & earn as you spend" model.

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.
CreditMe is a 'Buy now pay later' product on OPay , support transaction and withdrawal. We will charge you a little service fee each time you use CreditMe.

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!