OPay records $2 billion in total gross transaction value in 2020, shares exciting growth plans for 2021 | Premium Times Nigeria

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OPay records $2 billion in total gross transaction value in 2020, shares exciting growth plans for 2021

VP, Payments Solutions and Corporate Partnerships, Oladipo Omogbenigun, shared that OPay’s growth plans in 2021 will rely on developing and deepening their strategic partnerships in the financial ecosystem with banks, regulators, card schemes, payment processors, payment service providers and other key players.

“We have launched CreditMe, which gives easy access to credit to all wallet users at the point of purchase. We have also just launched standardised loan products to our agents and merchants based on our relationship. We think access to savings and loans through our partners is the critical step in true financial inclusion beyond just accessing cash,” Mr Omogbenigun adds.

“We have innovatively built technological workarounds to ensure higher network availability on our systems without compromising speed and quality of service, despite ecosystem challenges that would have led to incessant downtimes.” Regarding regulation, Mr Akpan says OPay is compliant with all CBN regulations and guidelines. It can only succeed if it gains the customer’s trust as a payment and financial services provider.

 

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This is amazing if the figure is true

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