The digital payment experience in Nigeria, Interswitch has announced a strategic collaboration with OPay through its Interswitch Payment Gateway (IPG).
The partnership aims to empower OPay users by enabling them to make direct payments for goods and services on merchants’ websites using their OPay Wallet balances.
The incorporation of OPay into the suite of checkout payment options on the Interswitch Payment Gateway (IPG) adds a new layer of convenience for users. This complements the existing array of payment methods such as Card, Quickteller, Transfer, QR, and USSD, providing users with a secure and frictionless payment solution.
Muyiwa Asagba, Managing Director of Digital Commerce & Merchant Acquiring (Paymate) at Interswitch, highlighted the significance of the partnership in advancing the growth of digital payments in the country. He stated, “Our commitment is to cater to the evolving needs of consumers and merchants, fostering a more inclusive and dynamic digital payment ecosystem.”
The Pay with OPay product, resulting from this collaboration, is a two-step process that promises an extremely convenient payment experience. The closed-loop solution ensures security, with a 100% success rate and stable network uptime, aligning with OPay’s commitment to making financial services more inclusive through technology.
Elizabeth, Vice-President of App and Cards at OPay, emphasized the company’s dedication to delivering innovative payment solutions. The partnership with Interswitch reflects OPay’s commitment to bringing transformative features that offer convenience, security, and flexibility to both customers and merchants.
Interswitch, as a pioneer in the digital payment landscape, encourages customers and merchants to embrace this transformative feature. The collaboration with OPay underscores Interswitch’s commitment to driving collaboration within the payment ecosystem and championing advancements that reshape the way financial transactions are conducted.
Notably, OPay was recently recognized by Interswitch for its outstanding performance among FinTechs in Nigeria at the TechConnect 3.0 event in November.
As the digital payment landscape evolves, this alliance between Interswitch and OPay reaffirms the commitment to delivering leading-edge payment solutions that empower users and merchants alike, setting new standards in the dynamic realm of digital payments.