JUST IN: Opay Announces New Charges On Transaction

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A leading fintech company, Opay, has announced new charges on transactions in a notice to its customers and users.

According to the company, it would start charging a one-time fee of ₦50 on electronic transfers above ₦10,000 paid into their personal or business accounts.

Opay noted that the charges would become effective as from Monday, September 9, 2024.

This was contained in a message sent to its Customers and obtained by News Nation on Saturday

The bank said the charges are in compliance with the Federal Inland Revenue Service (FIRS) regulations

It added that the company itself does not benefit in any way from the charges as it is directed entirely to the federal government.

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