Lol - Customers React as OPay Introduces 1% Transaction Fee

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It's a pity most OPay users have never seen it, they assume that the N10 transaction fee will continue forever, but unfortunately OPay has introduced a 1% transaction fee on bank transfer services.

Previously, the app was charging N10 when users transact from OPay wallet to normal bank accounts. This tax will no longer apply; The app will now charge N45 for the first transaction the user completes in a day. Subsequent transactions will result in a one-time processing fee of 1%.

This was an unannounced 2% transaction fee early in the morning, but the company was forced to return 1% of transaction fees when customers responded negatively online.

Meaning if you are going to transfer N100,000 from the app to any bank account, instead of paying N10 transaction fee, you’ll now pay N1000 (1%) processing fee. If it’s the first transaction you are making for that day, you’ll only be charged N45 processing fee.

Users have been reacting negatively online and seem not to be happy about the sudden increase in charges with OPay. Bank excessive charges is the major reason why most individuals prefer to use OPay… but now, users are having a second thought.

Rubies bank is always here to the rescue, and nothing is going to change that anytime soon. Transfer to any bank in Nigeria regardless of the amount is N21. You also have access to free Debit Verve card, deliverable to any location you are in Nigeria.

OPay users, what do you think?

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