Opay, a major financial tech company, announced plans to enhance the security of its platform. Starting March 1, accounts not linked to the owner’s National Identity Number (NIN) and the bank’s Biometric Verification Number (BVN) will be logged out, complying with the Central Bank of Nigeria’s (CBN) Know Your Customer (KYC) directive.
Opay’s Director, Ik Kolawole Odiase, emphasized the importance of aligning NIN and BVN, stating that non-compliant accounts will be removed. The company is implementing various security measures to safeguard depositors’ funds.
Opay has issued over 5 million Verve cards by December 2023 and established 17 physical customer service centers nationwide. Online customer support is also available. The company is actively engaged in corporate social responsibility, supporting schools, communities, and universities.
Opay aims to provide secure, user-friendly, and affordable financial services with attractive incentives and innovative products.
