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| How to Borrow Money from Opay |
How to Borrow Money from Opay in 2023
Opay is a leading FinTech platform that offers various services, such as payment, transportation, food delivery, investment, and more. One of the most popular services on Opay is the loan service, which allows you to borrow money quickly and easily. In this article, we will show you how to borrow money from Opay in 2023 using the Opay app or the Opay USSD code.
How to Borrow Money from Opay Using the App
To borrow money from Opay using the app, you need to have an Opay account and download the Okash loan app, which is a subsidiary of Opay. Here are the steps to follow:
Open the Opay app and log in to your account.
Tap on the “Finance” tab at the bottom of the home page.
Tap on the “Loan” option and you will be redirected to the Okash loan app.
If you don’t have the Okash loan app installed, you will be prompted to download it from the Google Play Store or Apple App Store.
After installing the Okash loan app, open it and enter your phone number and full name that you used to register your Opay account.
Create a 6-digit security PIN and verify your identity by scanning your fingerprint or entering your date of birth.
You will see your loan limit and interest rate based on your credit score and repayment history.
Choose the amount and duration of the loan that you want to apply for and tap on “Apply Now”.
Read and agree to the terms and conditions and confirm your loan request.
You will receive your loan in your Opay account within minutes.
How to Borrow Money from Opay Using the USSD Code
To borrow money from Opay using the USSD code, you need to have a phone number that is linked to your Opay account. Here are the steps to follow:
Dial *955# on your phone using the number you registered your Opay account with.
You will see a menu with various options, such as “Transfer to Bank Account”, “Transfer to Opay Account”, “Airtime for Self”, “Airtime for Others”, “Data”, “Betting”, “Electricity”, “Check Balance”, “Get OTP”, and “Card Activation”.
Select the option that says “Loans” by entering the corresponding number.
You will see a list of loans that you are eligible for based on your credit score and repayment history.
Choose the amount and duration of the loan that you want to apply for and enter your security PIN to confirm your loan request.
You will receive your loan in your Opay account within minutes.
Benefits of Borrowing Money from Opay
Borrowing money from Opay has many benefits, such as:
It is fast and convenient. You don’t need any collateral or paperwork to apply for a loan. You can get a loan in minutes using your phone.
It is secure. Your personal information and transactions are encrypted by Opay. You also need to enter your security PIN to confirm every transaction.
It is accessible. You can use any phone, whether it is a smartphone or a feature phone, to access Opay services. You also don’t need an internet connection or data bundle to use the USSD code.
It is affordable. You don’t need to pay any service charge or fee to use Opay services. However, your network provider may charge you a small amount for using USSD.
Conclusion
Opay is a reliable and convenient platform that allows you to borrow money easily and quickly. You can use either the app or the USSD code to apply for a loan on Opay. You just need an Opay account and a phone number that is linked to it. We hope this article has been helpful to you. If you have any questions or feedback, please leave a comment below. Thank you for reading!
