OPay, a leading financial institution in Nigeria, has partnered with AfriGo Card, powered by AfriGopay Financial Services Limited (AFSL), a subsidiary of Nigeria Inter-Bank Settlement System (NIBSS) aiming to enhance the availability of digital payment services to Nigerians.
The partnership will facilitate rapid scaling while ensuring secure and convenient payment solutions are available across Nigeria according to Mr. Dauda Gotring, MD/CEO at Opay.
He said, “Our partnership with AfriGo aligns perfectly with our goal of simplifying financial services for every Nigerian. The Opay/AfriGo card is not just a product; it is a powerful tool that will enable us to reach more Nigerians, particularly those who have been underserved by traditional banking services.”
OPay’s user-friendly mobile payment platform, with millions of active users and a nationwide presence, will be combined with AfriGopay’s cutting-edge financial technologies to deliver secure, scalable, and efficient digital payment solutions.
Mr. Dauda further revealed that the partnership will provide a more affordable payment option for Nigerians.
He said, “This will provide Nigerians with a more affordable payment option, enable instant settlement of transactions, and further promote financial inclusion across the country.”
The partnership also reinforces OPay’s commitment to offering millions of customers advanced, efficient payment solutions.
The CEO/MD of AfriGopay Financial Services Ltd (AFSL), Mrs. Ebehije Momoh revealed that the partnership is set to transform financial service delivery.
She said, “Agent networks expand coverage by supporting local businesses and offering key banking services, such as purchases, deposits, withdrawals, and money transfers, thus enhancing accessibility and promoting financial inclusion. With AfriGo Instant Settlement service, merchants and agents will benefit from the immediate finalization of transactions, leading to greater efficiency, improved cash flow, and reduced risks.”
AfriGo Card, Nigeria’s National Domestic Card Scheme, aims to deepen financial inclusivity by utilizing innovative products, a customer-focused approach, and cutting-edge technology. By reducing the country’s dependency on foreign exchange for payment transactions and ensuring data sovereignty, AfriGo Card strengthens local businesses and creates new opportunities within the growing card business ecosystem in Nigeria.
The partnership is expected to significantly boost digital payment adoption in Nigeria, offering a secure, local alternative to international payment cards. As OPay expands its services in conjunction with AfriGopay, the partnership will play a key role in shaping the future of payments in Nigeria.
