A leading financial institution, Opay has launched a new feature to enhance the protection and security of users’ finances.
The new feature, the Night guard feature is aimed at preventing any breach to users’ accounts.
It is a first-of-its-kind functionality in the financial industry, empowering users by significantly enhancing the protection of their finances.
According to Opay, a surge in illicit financial activities and fraud has necessitated the need for an improved layer of security, and it is leading the charge with new and innovative features.
It added that one of the challenges of the financial landscape, as echoed by many consumers, is security, with traditional measures like two-factor verification and PINs serving as primary protective features.
In a statement, the Chief Executive Officer of OPay Nigeria, Mr. Dauda Gotring, stated, “The Nightguard feature represents a significant advancement in Nigeria’s mobile payment landscape, offering users a robust tool to secure their financial transactions. As the leader in the fintech industry in Nigeria, OPay is committed to placing control firmly in the hands of its customers, ensuring that they have the power to safeguard their finances”.
The Opay Nightguard assists users in securing their accounts during hours when they are most vulnerable while they sleep and during certain personal lifestyle periods such as late night outings, evening social gatherings, and more.
It allows users to set a timeframe between 11:00 PM and 7:00 AM during which any transfer attempts will require enhanced identity verification. Transfers initiated within this timeframe must pass facial recognition, ensuring that users can prevent unauthorized access to their accounts and funds during the night, providing unparalleled security and peace of mind.
The effectiveness of the feature underscores OPay’s dedication to customer security and satisfaction. These features are unique to the OPay App and provide compelling reasons for users to download and utilize the platform. For the public, particularly those concerned about phone hacks and the security of their funds, Nightguard offers a strongly resonating benefit the ability to set up the feature and sleep soundly, knowing their finances are protected.