Business Developer (BD) Code in OPAY: Meaning and How It Works

BD code in OPay simply means Business Developer code and here’s everything you need to know about how it works.
OPay Business Developer (BD) Code

Have you ever imagined how agents get their point-of-sales (POS) terminals? Yeah, you may thinking they are getting it directly from company. Well, that’s true tho but only 20 out of 100 agents get their POS terminals from OPay companies.

The remaining agents get their POS machines from OPay Business Developers. This is where BD in OPay comes in. What is Business Developer (BD) in OPAY, how does it work  and how to get a BD code are what we are going to be discussing in this article.

What is BD Code in OPAY?

Business Developers (BDs) at OPAY are super agents assigned to distribute the OPAY POS terminals across the country. BDs oversee agents operations, monitor their performance, solving agents’ problems regarding the terminals and train and support newly approved agents.

OPAY business developers helps by driving the company’s growth, improving operations, and building strategic partnerships with agents and merchants in the company’s agency banking network.

BD code in OPAY, which simply means “Business Developer Code” is a unique identification numbers that allows business developer to onboard and activate new OPAY POS agent or merchant.

Every OPAY agents/merchants need a BD code to activate their POS terminal. Business Developers are just like business supervisors that monitors all the operations and activities of agents and merchants.

How does BD Code Work?

Business Developer (BD) code is a vital information that works in the sense without it, agents will not be able to activate their POS terminal. In other words, the BD code in OPay works by allowing a business developer to assign POS terminal to merchants and efficiently track the agents/merchants financial activities and for verification purposes.

When a new POS device is purchased (outright or cautionary fee), the dedicated business developer assign and activate the device to the agent using his or her BD code. After that, the business developer makes sure the POS terminal is active, utilize and meet up with daily target.

If you have ever notice this as an OPay POS Agent, whenever your POS status is reassigned, you will need to talk to your business developer to lift the ban after meeting up with the specific requirements such as daily target or if the POS is inactive.

OPAY Business Developers make sure OPay’s Agency Banking Network is enhancing and promoting financial inclusion in Nigeria. So, they are assigned to monitor all agents activities and transactions.

How to Use Business Developer (BD) Code in OPAY

  • The BD code can be used in OPAY to activate register, onboard and activate new POS terminals to agents.
  • It can be used to reassign POS terminal status.
  • It helps business developers to monitor their assigned agents’ activities and financial records.
  • The BD code also acts as a unique identifier which allows OPay to streamline agent onboarding and track the activities of business developers within its banking system.
  • It is used to enhances transaction accuracy, prevents fraud, and ensures that both users and merchants are verified during activities such as fund transfers and payments.

How to Get BD Code in OPAY

As an aspiring business developer, the BD Code can be obtained only by contacting OPay for business developer registration. The company will assign you a representative that will guide you through the process of on-boarding.

Once you are fully registered as a OPAY Business Developer, you will be assigned a BD code will can be seen, checked used and manage through your OPAY Business Manager Dashboard. Once you have the BD code, you’ve become OPay supper agent, otherwise known as OPay Aggregator.

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About the author

Temmy Samuel
Founded Mainwave Digital Media, Temmy Samuel is a financial advisor and journalist, blending financial expertise with storytelling skills to simplify complex financial topics for readers and clients alike. Learn More About Temmy Samuel

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