Are you looking for a way to get an Opay account? Don’t worry you are in the right place as this article contains lengthy step by step guidelines on how to open an Opay account. Opay as you may have heard doesn’t require a fee to join, it’s free of charge. All you have to do is make sure you have a stable internet connection and a mobile number ready.
Opay is a mobile banking app that gives it’s users the opportunity to transfer and receive funds. The app is widely used among Nigerians as a means of sending and receiving money. Opay has other uses like payment of electricity Bills, Cables payment, airtime and data subscription, payment of Jamb registration fee, and many other more.
Now if you are looking to enjoy the mentioned services, you will need to get your own personal account. But how will you go about this? Check the next section to see how you can create your own opay account.
Opay Account Opening Requirements
Unlike other apps where you have to use your BVN or pay a certain amount to own an account with them, opay is different. Opening of account is free of charge and you don’t have to use your BVN.
To create an Opay account all you have to do is provide a valid phone number which has not been used to register on OPay before and also a valid Gmail address, your NIN too may also be required. And when upgrading your account, you may need to provide your BVN, Identity card, NIN and other relevant documents.
How To Open An Opay Account (Easy Steps)
First thing you should know is that you will need an unregistered phone number(i.e a number that haven’t been used to open OPay before), a swift internet connection, and also your Gmail address should be available. If you have this ready, proceed to the next section.
Step 1: Download OPay App
To download the app is quite easy, all you have to do is go to play store or apple store and search for opay, or dial the Opay USSD code *955#. You can also go to a nearby verified opay merchant.
Alternative, you can CLICK HERE, to download and use our referral code to sign up, so that you will earn ₦1,200 bonus immediately.
Step 3: Provide Your Details
After downloading the app, you will be asked to input your phone number, name and Gmail address. You can leave the referral box empty or input your friend number. If you choose to input a referral number, the referer gets a bonus of almost ₦800. You as an account owner can also generate your referral link after opening the account.
Step 4: Account Verification
Moving forward, proceed by verifying your account, all you have to do is tap request OTP and a code will be sent to you in the form of sms, make sure its accurate to avoid any troubles.
Step 5: Set Up Your Account
Setting up your account is the next step on our list, to set up your account all you have to do is input your desired pin in which you will be using to login into the app. Set up a strong pin that you won’t forget. And if by chance you forget in the future, you can always click the forgot pin option.
I think this is all you need to do to create your opay account. After creating, you will start from tier 1 which you can only save up to ₦200,000.00, and your maximum daily transaction limit will be ₦50,000.00. To upgrade your account and increase your limits, all you have to do is upgrade to tier 2 or tier 3. To upgrade to tier 2 where you can save up to ₦300,000.00 and have a daily transaction limit of ₦200,000.00, you will have to provide your BVN (bank verification number).
You can also upgrade to tier 3 by providing a valid ID (identity card) , maybe your voter card or your NIN. And if you are looking to work as a merchant or pos agent for them, you will have to download the Opay business app. This won’t be the end of this content, keep scrolling to learn more about what you can do on OPay.
Not only can you transfer and receive funds in opay, you can also pay for bills and fund betting wallets. The interesting part is that most of these things are free and you even earn cashbacks bonuses when performing some certain transactions.
NOTE: If you have any troubles when registering your opay account, you can either restart the app or check if you met up with all the registration requirements. Check if the number you are using is valid and nobody has used that number on opay before. Also check whether the OTP you are inputting to verify your account is correct.
Related : How To Borrow Money From Opay
Do you need BVN to open an OPay account?
You don’t necessarily need BVN before you open an Opay account, all you need is your mobile number and a Gmail account. However you will require a BVN to upgrade your account from tier 1 to tier 2.
What is the amount limit for OPay?
Opay maximum account limits depend on your current account level, for example a new user starts from tier 1 which he can’t save more than ₦200,000.00. A tier 2 account owner can’t save more than ₦300,000.00 and tier 3 is unlimited.
Can I receive money in my OPay account?
Yes you can. All you have to do is give the sender your account number, which is your mobile number just that the first 0 is removed and tell them to select paycom as the bank that will be receiving the funds.
Who owns OPay?
The owner of opay is Yahui Zhou, the billionaire is also known to be the owner of Opera browser.
Opening of OPay account is free, same goes with funds transactions. After creating your account, you won’t have to wait for long verifications as your account is ready to use as soon as it’s created.