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OPay to apply transfer fee of N50 for transactions exceeding N10,000

Harrison Willie by Harrison Willie
September 7, 2024
in Business, Development, National, News, News
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OPay to apply transfer fee of N50 for transactions exceeding N10,000
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OPay has introduced a new fee for electronic transfers into both personal and business accounts, in accordance with the regulations set forth by the Federal Inland Revenue Service.

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Beginning September 9, 2024, there will be a one-time charge of N50 for transfers of N10,000 or more.

On Saturday, OPay communicated to its valued customers, “Dear valued customers, please be informed that starting September 9, 2024, a one-time fee of N50 will be applied for electronic transfer of N10,000 and above paid into your personal or business account in compliance with the Federal Inland Revenue Service regulations.”

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