News
OPay to Block Fraudulent Accounts, Enforce KYC Compliance by March 1
The decision aims to enhance platform security and safeguard customer deposits.
OPay, a Nigerian fintech company, has announced plans to remove fraudulent accounts and block non-KYC compliant accounts starting March 1, 2024.
The decision aims to enhance platform security and safeguard customer deposits.
Addressing concerns about registration gaps, Olayemi Precilia, director of cards business, highlighted upgraded security measures, including the mandatory use of the national identity number (NIN) for new customers.
Accounts not compliant by March 1st will be locked, and customers are now required to link their accounts with NIN and bank verification numbers (BVNs) to prevent fraud.
-
Fact Check10 months agoFact-check: No, Federal Government is not giving out 25,000 naira conditional cash transfer
-
Entertainment1 year agoNaira Marley Speaks Out After MohBad’s Passing
-
News12 months agoTottenham Bracing for a Major Challenge Against Arsenal, Says Postecoglou
-
News1 year agoI’m best to work with Tinubu as Senate President – Kalu
-
Sport1 year agoLampard returns to Chelsea as caretaker manager
-
News12 months agoCause of Mohbad’s Death Under Investigation as Police Exhume His Body for Autopsy