Contrary to insinuations in the digital media, OPay digital services limited has refuted being a loan or lending service operation, the management asserted this in a disclaimer tagged “OPay Does NOT Offer Lending Services”.
The statement made available to the media reads in part:
“OPay digital service is a leading mobile money operator platform in Nigeria that allows Nigerians to perform transactions that meet their daily needs. The OPay app allows users to conveniently make payments for goods and services. OPay is the preferred platform for payments for Consumers and SMEs in Nigeria today due to our reliability, fast transactions and safe payments.
“Our attention has been drawn to some social media blogs requesting interested and unsuspecting loan seekers to apply for loans via the OPay app. We wish to explicitly state that OPay Digital Services Limited does not offer loans or provide any lending service to consumers. We are a digital financial institution with numerous services such as free transfers, utility, and bill payments, debit cards, and rewards on transactions”.
The statement added that OPay Digital Services Limited is a regulatory-compliant institution that is fully licensed by the Central Bank of Nigeria and remains committed to providing bespoke relevant financial services to the different market segments financial inclusion and shared prosperity in Nigeria.