Interswitch and Opay Forge Strategic Partnership to Enhance Digital Payment Experience

Leading the charge in Africa's digital payment and commerce sector, Interswitch has announced
a pivotal collaboration with OPay through its Interswitch Payment Gateway (IPG). This
integration enables OPay users to seamlessly make direct payments for goods and services on
merchants' websites from their OPay Wallet balance.
This strategic alliance aims to redefine the digital payment experience, providing users with a
secure and frictionless payment solution. 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, complementing the existing array of payment methods such as Card, Quickteller,
Transfer, QR, and USSD. Muyiwa Asagba, Managing Director of Digital Commerce & Merchant
Acquiring (Paymate) at Interswitch, emphasized the significance of this partnership in
advancing the growth of digital payments in the country.
He stated, "At Interswitch, our commitment 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."
Ms. Elizabeth, Vice-President of App and Cards underlines that OPay remains focused on its
commitment to making financial services more inclusive through technology hence the
partnership with Interswitch to deliver an innovative payment solution. The Pay with OPay
product is a 2-step process that will bring an extremely convenient payment experience, a
closed-loop solution that is secure, with a 100% success rate and stable network uptime. This
cutting-edge solution affirms our customer-first and pure excellence in innovation with high
adoption within the web payment sector. 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.
Worthy of note is the fact that OPay was recently recognized by Interswitch for its outstanding
performance amongst FinTech’s in Nigeria at the TechConnect 3.0 event which took place in
November. As the digital payment landscape evolves, this alliance underscores Interswitch
Group's strong commitment to driving payment ecosystem collaboration and championing
advancements that reshape the way financial transactions are conducted. This reaffirms the
Group’s dedication to delivering leading-edge payment solutions that empower users and
merchants alike, setting new standards in the dynamic realm of digital payments.
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