OPay Adopts Interswitch Payment Gateway for Secure Transactions

January 22, 2024
Interswitch OPay

By Modupe Gbadeyanka

A financial technology (fintech) company, OPay, has integrated the Interswitch Payment Gateway (IPG) into its suite for faster and more secure transactions for customers.

It was gathered that the incorporation of OPay into the suite of checkout payment options on the IPG adds a new layer of convenience for users, complementing the existing array of payment methods such as Card, Quickteller, Transfer, QR, and USSD.

The adoption of the IPG will enable OPay users to seamlessly make direct payments for goods and services on merchants’ websites from their OPay Wallet balance.

“We are confident that Pay with Opay which is a 2-step payment solution will bring about faster and secure transactions for customers.

“It is a closed-looped solution that ensures a higher success rate with good network uptime.

“More exciting is the level of adoption this product has witnessed in the market; this will encourage us to continue to build better solutions for offline and online payments,” the Vice-President of App and Cards at OPay, Elizabeth, said.

On his part, the Managing Director of Digital Commerce & Merchant Acquiring (Paymate) at Interswitch, Mr Muyiwa Asagba, emphasized the significance of this partnership in advancing the growth of digital payments in the country.

“At Interswitch, our commitment is to cater to the evolving needs of consumers and merchants, fostering a more inclusive and dynamic digital payment ecosystem.

“Through our latest collaboration with OPay, we are excited to introduce a new dimension of payment convenience to users and merchants.

“This partnership reflects our dedication to introducing innovations that enhance the digital payment experience, and we are eager to witness the positive impact it will have on the entire payment ecosystem,” he said.

Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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