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Opay Partners Interswitch Gateway For Direct Transactions With Merchants

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Top fintech company Opay has integrated the Interswitch payment gateway to allow consumers to easily make direct payments for products and services on merchant websites using their wallet balance.

Interswitch claims that the partnership would allow transactions using Opay to pass via the Interswitch Payment Gateway (IPG), revolutionizing the digital payment landscape and offering consumers a safe and easy method to make payments.

“With the integration of Opay into the suite of checkout payment options on the Interswitch Payment Gateway (IPG), this compliments users experience by choosing from the existing arrays of payment methods such as Card, Quickteller, Transfer, QR, and USSD,” it said.

Read Also: Opay, Palmpay To Close As Non-Deposit Financial Institutions To Be Taken Down From Fund Transfer Channels

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Muyiwa Asagba, managing director of digital commerce & merchant acquiring (Paymate) at Interswitch, emphasised the significance of this partnership in advancing the growth of digital payments in the country, noted that this alliance is to cater to the evolving needs of consumers and merchants, fostering a more inclusive and dynamic digital payment ecosystem.

“Through our latest collaboration with OPay, we are excited to introduce a new dimension of payment convenience to users and merchants. This partnership reflects our dedication to introducing innovations that enhance the digital payment experience, and we are eager to witness the positive impact it will have on the entire payment ecosystem,” he said.

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Interswitch urges both customers and merchants to embrace this transformative feature, capitalizing on the convenience, security, and flexibility it brings. The company remains steadfast in its determination to continuously innovate cutting-edge solutions, providing customers with the latest and most secure payment options available.

“OPay is fully committed to making financial services more inclusive and this partnership with Interswitch would consolidate this mission. We are confident that Pay with Opay which is a 2-step payment solution will bring about faster and secure transactions for customers.

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“It is a closed-looped solution that ensures a higher success rate with good network uptime. More exciting is the level of adoption this product has witnessed in the market; this will encourage us to continue to build better solutions for offline and online payments.,” said Elizabeth, vice president of App and Cards at OPay, while speaking on the partnership.

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