6 Ways to Make Money on OPay App
A Brief Overview of OPay
OPay (formerly PayCom) is a one-stop mobile financial platform for payments, withdrawals, transfers, loans, savings, investments, and other necessary financial services for every individual.
OPay presently has over eighteen million (18,000,000) registered mobile app users and five hundred thousand (500,000) merchants or agents in Nigeria, who are using and enjoying OPay services to save funds, send and receive money, pay bills, buy airtime, subscribe to data bundles, and a variety of other things.
Some years ago, Opera Norway AS Group founded OPay Digital Services Limited, a business with market presences in developing countries in Asia, Africa, and Latin America, including Mexico, Nigeria, Egypt, and Pakistan.
Six (6) Ways to Make Money on the OPay App
With OPay, you are on the right platform that goes beyond ordinary banking.
There are many ways to make money using the OPay account rather than paying charges or fees every month.
In this post, I will be sharing with you as one of our most cherished readers "6 ways to make money using the OPay app", as well as how to open an OPay account in order to start enjoying all the fantastic, unlimited, and rewarding OPay offers.
It should be noteworthy that with your OPay account, you can start earning money every day from the first day of opening your OPay mobile bank account.
Hence, below is a compilation of 6 ways to make money on the OPay mobile app with no or little personal effort:
1. Daily N10 Bonus
I got you! You are thinking the money is too small, right? But don’t forget that little drops of water make a mighty ocean. Success is gradual, just like failure (Randy Wolken).
Sign up for or open your OPay account by downloading the OPay mobile app on PlayStore or Apple Store.
Then, as new users, add money to your OPay account (at least N1,000 or more) to gain access to the N10 daily bonus, and begin claiming your daily reward by logging in every day.
2. Daily Interest on the OWealth Balance
Apart from the N10 daily reward, you will be given interest on a daily basis based on the total amount of money in your OPay’s OWealth balance.
Always make sure you transfer the money in your OPay balance to your OWealth balance as an OWealth investment every day; if not, you will not receive interest on the following day.
You are thinking, “this is stressful.” Don’t worry. Instead of investing manually, you can set it up automatically through the OPay app or by dialing the OPay USSD code.
How to Enable Auto-Investment on the OPay Mobile App
Follow the steps below to set up automatic investment on the OPay mobile app:
> Navigate to Settings.
> Click on “Savings Setting”.
> Choose Automatic Investment.
> Then click on Settings.
> You have the option of receiving money directly in your Wealth.
> Alternatively, select Auto invest every night.
> Click on “Apply” to save your setting.
How to Use a USSD Code to Enable Automatic Investment on an OPay Account
Follow the steps below to set up automatic investment on your OPay account using the OPay USSD code:
> Dial *955#.
> Select Saving.
> Choose Automatic Investment.
> Follow the instructions from there based on your choice.
It should be noteworthy that your daily interest is being prorated based on your OWealth total balance at the end of each day.
3. Buy Airtime and Data at a Discount
As a new user, you will be given a cashback of N50 for buying airtime or data for the first time on the OPay app.
Afterwards, both new and existing OPay users are entitled to buy airtime and subscribe to data bundles at a discount of 3% each time.
You can buy airtime with the OPay USSD code *955# or use the OPay mobile app.
4. Monthly Reward of N400
To access this N400 monthly reward, apply for an OPay physical card and keep patronising any OPay agents nearest to you by depositing and withdrawing money from their respective outlets or shops.
The funniest thing about the OPay physical card is that you will be charged N500 to get it instantly. So, you are going to pay a token.
5. N550 – N800 Bonus for Every Referral
Don’t enjoy OPay goodies alone! Kindly refer your family, friends, colleagues, and loved ones to start making money together on OPay.
Your referral effort will be compensated by getting paid a referral bonus of between N550 and N800 for each person that joins OPay through your invitation code or referral link.
6. 8 – 18% Annual Interest on Your Savings
Keeping your hard-earned money where it is not safe or rewarding will discourage you from saving your money for future purposes, you can save your money with OPay and start earning between 8 and 18 percent annual interest on your savings, which is calculated on a daily basis using the pro-rata approach.
Please note that to enjoy most of the OPay daily, weekly, or annual interest, you must invest in or set up OPay saving plans like OWealth, Fixed Savings, Target Savings, SafeBox, Spend & Save, and other available plans on the OPay app.
For more information on how to start using OPay for personal purpose or POS businesses, you can use the comment box to ask any related questions or check our contact page.
Cogent Hints on OPay Account You Need to Know
Your mobile phone number without the first 0 is your OPay ACCOUNT NUMBER e.g. if the phone number you used for registering OPay is 08072666369, your OPay account number is 8072666369.
Your BANK NAME is either OPay, or PayCom, or OPay Digital Services Limited, depending on how it is represented or written on the mobile apps of other commercial banks, microfinance banks and electronic wallets.
Your ACCOUNT NAME is the full name - first name, middle name (if you used it), and surname or last name, you provided during the OPay account registration process.
You can use your cashbacks to buy airtime, subscribe to data bundles, credit your betting wallet, pay for TV subscriptions, and pay your electricity bill.
It is very important for you to be aware of some security tips that can help safeguard your hard-earned money from fraudsters in order to avoid becoming a victim of fraudsters or scammers after making money on your OPay account.
Final Note on OPay
The goal of OPay as a FinTech company is to help all unbanked people, both in urban and rural areas. So, OPay was purposely created to serve over sixty percent (60%) of Africa’s people who remain unbanked.
OPay keeps delivering on the promise of financial inclusion through technology and enabling shared prosperity in Africa today, by safely connecting people with the places, opportunities, and experiences that they truly care about.
Finally, OPay was launched in June 2018 and is licensed by the Central Bank of Nigeria (CBN) and insured by the Nigeria Deposit Insurance Corporation (NDIC).
So, OPay has endeavoured to register with the necessary independent agencies of the Federal Government of Nigeria to put their registered users’ minds at rest.
Besides making money on the OPay app, these are other benefits of using an OPay account.
OPay Official Contact Information
The official website of OPay is https://opayweb.com.
OPay’s customer service phone number is +2347008888328.
OPay Customer Service’s email address is customerservice@opay-inc.com.
Disclosure
AllSubjectsMadeSimple is not presenting the OPay app as a get-rich-quick scheme to make money, it depends on your personal effort and ability to duly comply with OPay’s terms and conditions. Kindly check our Affiliate Disclosure and Disclaimer pages for more information.
Thank you for reading and sharing this post.
Olajide Olubamiro
Olajide Olubamiro is a resourceful and passionate blogger who is fond of deriving great pleasure from disseminating memorable, clear, and concise information to other people in a simple, learner-friendly approach. He is an inspiring content creator, weblog designer, graphics artist, printer, publisher, and the Founder/CEO of Clicko Innovation. He is well known as a fully committed, goal-oriented, highly organized, and consistent individual who always bears in mind the need for further personal development and progression.
