Opay is a one-stop mobile payment processing platform for peer-to-peer payment, transportation, food, items delivery, and other vital services in everyday life. Millions of users rely on OPay every day to send and receive money, pay bills, amongst other services. This service is now finally live.
Over 60% of people in Africa remain unbanked. The OPay app is the most diversified and most innovative in the Nigerian FinTech community.
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What is OPay Flexifixed?
The OPay Flexifixed is a newly-introduced add-on to the numerous services on the OPay Nigeria app. Basically, it is an investment option meant to receive your deposit and offer you an amazing 14% on your deposit over a period of YOUR CHOICE! This should be a massive leap from the prior 10% enjoyed on investments.
Features of Opay FlexiFixed (OPay Investment)
- OPay FlexiFixed is a new product that works like a fixed deposit yet very flexible.
- There are only 3 tenors: 7days, 15days, and 30days
- Interest rates are 11%, 12% and 14% per annum respectively.
- You can choose your preferred duration to save
- Funds are accessible any anytime during and after the tenor.
- No break fee charges.
- For now, not available on iPhones
This was announced on 23rd on the OPay official Twitter account @OPay_NG
“We are super excited to introduce the Opay Flexifixed product to you. Save as low as 500 naira and enjoy an amazing 14% return per annum on your investment. With Opay Flexifixed, your investment just got Flexible.” – @OPay_NG
We have a ridiculously low rate obtainable in banks today. For agents, the Opay Flexifixed is definitely one of the famed ‘silver linings’.
How to Invest with OPay Flexifixed Investment
- Download the Opay App to your Android or iOS device
- Launch the application
- Fund your wallet via the ‘Add Money‘ or PAYCOM transfer features
- Go to ‘Savings‘,
- Choose ‘FlexiFixed‘
- Select your desired tenor
- Click ‘Invest‘
For more information on this product, you can contact OPay on their various email and social media channels.
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Please how much is my Interest on 5000 naira for 7days
Hi Ismaila,
Thank you for your comment! Kindly be informed that FlexiFixed is a new product that works like a fixed deposit yet very flexible. There are only 3 tenors: 7days, 15days, and 30days and interst rates are 11%, 12% and 14% per annum respectively. You can choose your preferred duration to save and funds are accessible any anytime during and after the tenor. No break fee charges. Your principal + interest after the 7-day period (11%) would be N5,010.55. Did this answer your question?
What’s my interest with 30000 for 15days
How much will be the interest of 500000 on opay flexi fixed saving for a month?
Hello,
Please does this mean if I choose the 7days savings tenor, I can withdraw my capital plus Interest which is 11% on the 8day?
Yes, you can with draw your principal and interest.
How safe is this program, willing to invest 200k
Sorry I’m unable to answer your question. Kindly contact Opay, the owners of this investment product, via their authentic email or any of their social media official platforms for your inquiries. Thank you.
Is Opay registered with CAC?
Kindly confirm with the company directly via their official websites and handles.
It’s safe honey [na money for rum and flesh]
Will they pay me the intrest and capital after seven days
Please, how would I withdraw from my flexi fixed for an urgent usage?
Please, how will withdraw from my flexi fixed when I need urgent transportation?
The Same question am asking,but it looks like that u can’t withdraw it until the time u are suppose to,because it world just like fixed deposit account
I want to withdraw my money from fixed lock I can’t withdraw my money now and the date is due now pls help me