OPay’s Implements N50 Transfer Fee on Transactions Over N10,000 for Compliance with FIRS Regulations
In a bid to comply with new tax regulations, OPay, a leading mobile payment and financial technology platform, has announced the introduction of a N50 fee for transfers exceeding N10,000. The new policy, set to take effect on September 9, 2024, applies to both personal and business account transactions. This change reflects OPay’s adherence to…