DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Tekedia Forum

Tekedia Forum

Forum Navigation
Please or Register to create posts and topics.

The OPay's Remittance License

Central Bank of Nigeria Approves OPay for International Money Transfer Business

"On Saturday, OPay announced that the Central Bank of Nigeria (CBN) has granted it license to begin international money transfer. The development means that OPay now has the approval of the apex bank to facilitate B2B (business to business), B2P (business to person) and P2P  (person to person) remittance services into Nigeria", notes Samuel on Tekedia.

In Uganda last week, during a speech, I pointed out that OPay is emerging with multi-playbooks in Nigeria and Africa. The destination is by 2021, it will seek a full digital-only bank license with full charter to do banking, abstracting banking services at the layer of Opera browser and using amalgamated human-agents via ORide.