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Maroc Maroc - DCONNECTNEWS.COM.NG - A La Une - 07/Sep 16:05

Opay Begins Charging Of N50 Electronic Transaction Fee

P opular online banking hub OPay, is set to apply a transfer fee of N50 for transactions exceeding N10,000.OPay has introduced a new fee for electronic transfers into both personal and business accounts, in accordance with the regulations set forth by the Federal Inland Revenue Service.Beginning September 9, 2024, there will be a one-time charge of N50 for transfers of N10,000 or more.On Saturday, OPay communicated to its valued customers:Opay’s Messge To Customers“Dear valued customers, please be informed that starting September 9, 2024, a one-time fee of N50 will be applied for electronic transfer of N10,000 and above paid into your personal or business account in compliance with the Federal Inland Revenue Service regulations.”

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