OPay to begin charging of N50 levy on transactions above N10,000 from September 9

Leading online banking service provider, OPay, has announced a new charge on electronic transfers into personal and business accounts, effective from September 9, 2024.

This was made known in a notice sent to OPay users on Saturday.

According to the notice, a one-time fee of N50 will be applied to transfers of N10,000 and above. The company stated that this charge is in compliance with Federal Inland Revenue Service (FIRS) regulations.