OPay: USSD Code, Transfer Charges, SWIFT Code & Rates
Digital bank · OPay · ₦5M NDIC coverage
Largest mobile money in Nigeria. Free transfers. POS network across Lagos.
Backed by Opera. Nigeria's largest mobile money platform with 35M+ users. Free P2P transfers. Massive POS agent network.
OPay is a Digital bank (CBN-licensed, NDIC-insured) founded in 2018 (8 years ago), operated by Opera / Zenith Bank JV. As of 2026 it serves approximately 40M+ customers.
- Founded
- 2018 · 8 years serving Nigerians
- Parent company
- Opera / Zenith Bank JV
- Customer base
- 40M+
- Bank type
- Digital bank (CBN-licensed, NDIC-insured)
- Website
- opayweb.com
- Address
- Landmark Towers, 5B Water Corporation Road, Victoria Island, Lagos, Lagos
If you make 20 transfers, 4 other-bank ATM visits, and 30 SMS alerts per month:
This is the cheapest of the tracked banks at this usage pattern.
Compare with all 23 banks →Time to open: 3 minutes · Online via app
- BVNBank Verification Number. Get one at any bank branch if you don't have one.
- Nigerian phone numberFor OTP verification during signup.
- Live selfieFacial verification — matched against BVN photo.
500,000+ POS agents across Nigeria — deposit, withdraw, and transfer cash at any OPay agent without visiting a bank.
Accepted at most Lagos POS terminals. Pay for rides, food, bills — all from one wallet.
Merchants receive POS payments instantly — no waiting 24-48 hours like traditional bank POS.
Savings product paying up to 18% p.a. — auto-swept from OPay wallet balance.