Money transfers between African countries remain complex in 2024. For many South Africans and Nigerians, sending money across borders is a regular need - whether supporting family, running businesses, or managing investments.
OPay has grown into a major financial platform in Nigeria. But its status in South Africa brings up important questions for users who want to move money between these two economic powerhouses.
The short answer? As of 2024, OPay cannot directly receive money from South Africa. The company hasn't yet established the required partnerships and regulatory approvals for direct transfers from South African banks and financial institutions.
Must Read: How to chat PalmPay on WhatsApp.
But there's more to this story. While direct transfers aren't available, alternative methods exist for moving money between South Africa and Nigeria through OPay. These options involve using third-party services and banking partners that work with both countries' financial systems.
This matters because:
- South Africa and Nigeria conduct over $2.4 billion in annual trade.
- Thousands of Nigerian students study in South African universities.
- Business partnerships between both countries continue to grow
Must Read: List of countries using OPay App.
The landscape of cross-border payments in Africa changes fast. New partnerships form regularly, and financial regulations adapt to meet market demands. What's not possible today might become available tomorrow.
