OPay vs Paysend
OPay
opayweb.com
Paysend
paysend.comSide by side
| Figure | OPay | Paysend |
|---|---|---|
| Price from | Free | — |
| Free plan | Yes | — |
| Free trial | — | — |
| Open source | — | — |
| Web | — | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 1 | 3 |
| Spec score · Peer-to-Peer Payment Apps | 8.5 (#5) | 8.5 (#7) |
| Founded | 2018 | LinkedIn lists the company as founded in 2017. |
| Headquarters | Lagos, Nigeria | Edinburgh, Scotland, United Kingdom |
| Payment methods | The developer guide documents payment flows including card, bank transfer, USSD, bank account, POS, and OPay wallet QR payments. | The iOS listing says users can fund transfers by debit card, credit card, bank transfer or Apple Pay. |
| Security | OPay says user data is encrypted, systems are scanned daily for security threats, and transactions are encrypted; it also states it is PCI DSS compliant. | Paysend’s security article says transfers follow Visa, Mastercard, China UnionPay, FCA, and PCI DSS standards. |
| Transfer limits | OPay notes that free transfer limits and other restrictions may apply and directs users to the app for current terms. | Limits depend on the customer’s verification tier and country, and additional ID verification may raise them. |
Plans
Paysend
- Personal international transfer$1.99, paid once
- Enterprise Payout APIPriced on request
- International money transfersPrice not published
In their own words
OPay
OPay is a financial services platform for users, agents, and merchants in Nigeria. Its app supports account funding, transfers to Nigerian bank accounts, bill payments, airtime and data top-ups, debit cards, and savings options. OPay says bank transfers and bill payments have no extra charge, subject to transfer limits and other restrictions. Active debit cards have zero maintenance fees and can be used at Nigerian ATMs, POS terminals, and online payment platforms. Savings choices include OWealth, Spend & Save, Fixed Savings, Target Saving, and SafeBox; OPay says OWealth earns daily interest while funds remain accessible. Merchant tools include PCI-compliant REST APIs, hosted Express Checkout, and e-commerce plugins such as WooCommerce. Documented payment flows include cards, bank transfers, USSD, bank accounts, POS, and OPay wallet QR payments. The app is listed as free and supports Android and iOS, with API access for merchants. OPay says it is licensed by Nigeria's Central Bank and insured by the Nigeria Deposit Insurance Corporation.