OPay Introduces New Security Features to Safeguard User Finances

Editorial Desk
By Editorial Desk 2 Min Read

OPay, a Nigerian mobile money platform, has introduced a range of security measures designed to safeguard users’ funds.

The company has rolled out the 955131# USSD short code, enabling users to promptly lock their OPay account from their mobile device in the event of loss or theft.

Mr. Dauda Gotring, managing director of OPay, emphasized the organization’s unwavering commitment to users’ financial security.

Through a combination of stringent regulatory compliance, innovative security features, and continuous user education, OPay aims to establish a digital banking ecosystem where users can engage in transactions with confidence.

The 955132# USSD code allows users to lock their OPay card with a single dial, while OPay’s advanced fraud detection system actively monitors for suspicious activity. In the event of potential fraudulent behavior, the system triggers an immediate double-confirmation alert before any transaction takes place.

This proactive approach serves to protect users from unauthorized transactions, providing them with peace of mind. The ability to verify recipient and transaction details before proceeding effectively thwarts scams, serving as a vigilant financial guardian in the digital marketplace.

Furthermore, users’ deposits benefit from protection by the Nigeria Deposit Insurance Corporation (NDIC), affording the same level of insurance coverage as traditional banks. This dual layer of protection shields users’ hard-earned money from unforeseen circumstances.

In addition to regulatory safeguards, OPay has diligently developed innovative features to empower users with direct control over their financial security.

Operating as a licensed Mobile Money Operator (MMO) sanctioned by the Central Bank of Nigeria (CBN), OPay adheres to the highest regulatory standards.

Share This Article
Leave a comment
WP2Social Auto Publish Powered By : XYZScripts.com