OPay launches ‘Nightguard’ to boost security

OPAY has launched a novel security feature, Nightguard, in the financial industry, to empower users and boost the protection of their finances. According to the company, one of the major challenges in the financial service sector, as confirmed by many consumers, is insecurity, even as traditional measures like two-factor verification and PINs serve as primary protective features.

It noted that the primary protective features appeared to be insufficient to effectively check the surge in illicit financial activities and fraud, hence the need by OPay to introduce an improved layer of security, the Nightguard.

In the statement, the CEO of OPay Nigeria, Mr Dauda Gotring, explained: “The Nightguard feature represents a significant advancement in Nigeria’s mobile payment landscape, offering users a robust tool to secure their financial transactions. As the leader in the fintech industry in Nigeria, OPay is committed to placing control firmly in the hands of its customers, ensuring that they have the power to safeguard their finances.

“The effectiveness of the Nightguard feature underscores OPay’s dedication to customer security and satisfaction. These features are unique to the OPay App and provide compelling reasons for users to download and utilise the platform. For the public, particularly those concerned about phone hacks and the security of their funds, Nightguard offers a strongly resonating benefit, the ability to set up the feature and sleep soundly, knowing that their finances are protected.

“OPay Nightguard assists users in securing their accounts during hours when they are most vulnerable, while they sleep and during certain personal lifestyle periods such as late night outings, evening social gatherings, and more. The Nightguard feature allows users to set a timeframe between 11:00 p.m. and 7:00 a.m. during which any transfer attempts will require enhanced identity verification. Transfers initiated within this timeframe must pass facial recognition, ensuring that users can prevent unauthorised access to their accounts and funds during the night, providing unparalleled security and peace of mind.