OPay Launches ‘Nightguard’ to Protect Customer Funds
OPay, a leading financial technology company, has introduced a new feature called Nightguard to enhance the security of customer funds. This feature is designed to provide extra protection, especially during vulnerable hours like late at night.
Why Nightguard Was Introduced:
OPay launched Nightguard in response to a rise in fraudulent financial activities in Nigeria. In the first quarter of 2024, there were over 11,000 reported fraud cases in the country. The company aims to tackle this issue and ensure that its customers’ money is safe.
How Nightguard Works:
Nightguard is a first-of-its-kind feature in the financial industry. It allows users to set a security window between 11:00 pm and 7:00 am. During these hours, any attempts to transfer money will require additional identity verification, such as facial recognition. This ensures that unauthorized access to accounts is prevented during the night, offering users greater peace of mind.
Dauda Gotring, CEO of OPay Nigeria, emphasized that Nightguard is a significant advancement in mobile payment security in the country. He stated, “Nightguard gives users a powerful tool to protect their financial transactions, ensuring that they have control over their money.”
The Nightguard feature highlights OPay’s commitment to customer safety and satisfaction. It provides a unique security benefit that is exclusive to the OPay App, making it a compelling reason for users to choose the platform. For anyone worried about phone hacks or the safety of their funds, Nightguard offers a simple yet powerful solution to secure their finances while they sleep.