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Home South-eastern Asia Laos

EBANX is the first global payments company to launch recurring payments through OPay in Nigeria

by Asia Today Team
October 23, 2026
in Laos
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Integration provides world subscription companies, from streaming to SaaS, a direct option to attain 40 million month-to-month lively OPay customers


CURITIBA, BRAZIL and LAGOS, NIGERIA – Media OutReach Newswire – 23 October 2026 — EBANX in the present day turns into the primary world funds firm to go dwell with OPay Direct Debit, a brand new answer for recurring transactions inside the digital pockets of OPay, the main digital financial institution in Nigeria. By providing this fee choice at checkout via EBANX, world subscription companies can now attain OPay’s 40 million month-to-month lively customers, representing one in three adults within the nation.

EBANX is the first global payments company to launch recurring payments through OPay in Nigeria

“With one of many continent’s highest cell penetration charges and a younger, fast-growing inhabitants, Nigeria is predicted to stay Africa’s largest and most strategic digital market over the subsequent decade,” stated Eduardo de Abreu, Chief Product Officer (CPO) of EBANX. “Being the primary world funds firm to go dwell with recurring funds via OPay is a testomony to the entry EBANX has in-built rising markets.”

Nigeria is Africa’s largest e-commerce market, valued at USD 30 billion, in response to World Knowledge Lab (WDL) information analyzed by EBANX, and is predicted to develop additional, with the nation projected so as to add 32 million new customers to the patron class by 2036.

In Nigeria, bank card possession stands at simply 5% amongst adults, whereas cell phone penetration reaches 84%, in response to the World Financial institution. “This distinction creates a major alternative for world retailers to develop recurring fee protection past conventional card-on-file fashions,” acknowledged Abreu.

Based on WDL, 95% of all on-line spend in Nigeria already comes from customers with out a bank card, a share anticipated to stay practically unchanged for the subsequent 10 years.

Digital wallets and financial institution transfers are Nigerians’ most popular option to pay, collectively accounting for 65% of the nation’s e-commerce quantity, in response to Cost and Commerce Market Intelligence (PCMI) information analyzed by EBANX.

OPay lets Nigerian customers make purchases via its digital pockets and financial institution transfers, in addition to arrange recurring funds. For these transactions, customers make a one-time authorization straight within the app, enabling world retailers to gather future subscription prices with out requiring prospects to be current or re-enter fee particulars for each transaction.

“Our partnership with EBANX isn’t simply processing transactions; it’s shaping the way forward for digital funds throughout the area,” stated Elizabeth Wang, Chief Business Officer, OPay. “This can give Nigerians a simple, quick and handy option to pay for the worldwide digital providers they love, from streaming platforms to on-line instruments. With OPay Direct Debit, prospects can take pleasure in a easy fee expertise whereas staying in charge of their subscriptions,” added Wang.

Scaling subscriptions in Africa and past

The announcement follows an identical EBANX initiative in South Africa, the place Canva turned the primary worldwide firm to supply recurring funds via Capitec Pay’s account-to-account answer. With the mixing, the SaaS service provider expanded subscription entry for South African customers by way of their financial institution accounts. EBANX’s integration of OPay Direct Debit extends this similar different recurring technique to Nigeria.

“Nigeria is the most recent proof level on how EBANX scales operationally throughout rising markets, not by replicating a single playbook, however by constructing the proper integration for every native market,” stated Marin Mignot, Chief Working Officer (COO) of EBANX.

“The hole between how folks really pay and the fee strategies retailers have traditionally supported is precisely the place we see essentially the most room to develop, and OPay Direct Debit is another instance of constructing that bridge for world retailers,” famous Mignot.

The launches in Nigeria and South Africa are additionally a part of a broader world push. Together with these two international locations, EBANX provides recurring different fee options in 13 rising markets throughout Asia, Africa, and Latin America, enabling world retailers to probably attain greater than 1 billion customers* who depend on native fee strategies equivalent to digital wallets and account-to-account transfers.

*1.116 billion folks use different fee strategies (APMs) throughout the next 13 rising markets, primarily based on information from the operators of essentially the most used APMs in every nation and Statista: Nigeria (OPay), South Africa (Capitec Pay),Brazil (Pix), India (UPI), Colombia (Nequi), Peru (Yape), the Philippines (GCash), Indonesia (DANA), Malaysia (TrueMoney), Mexico, Chile, Argentina, and Uruguay (Mercado Pago).

Hashtag: #EBANX #OPay #Fintech #Funds #Africa #Nigeria

The issuer is solely chargeable for the content material of this announcement.

ABOUT EBANX

EBANX is the main know-how firm connecting world companies to the world’s fastest-growing digital markets. Based in 2012 in Brazil, EBANX was constructed with a mission to develop entry to worldwide digital commerce. Leveraging proprietary know-how, deep market experience, and sturdy infrastructure, the platform permits world companies to supply a whole bunch of native fee strategies and streamline cross-border funds throughout Latin America, Africa, and Asia. With a world footprint, it established a know-how and regulatory headquarters in Singapore in 2026. Extra than simply funds, EBANX drives development, enhances gross sales, and delivers seamless buy experiences for companies and finish customers alike.

For additional data, please go to:

Web site: https://www.ebanx.com/en/
LinkedIn: https://www.linkedin.com/firm/ebanx

ABOUT OPAY

Launched in Nigeria in 2018, OPay is a number one digital financial institution serving tens of thousands and thousands of customers and thousands and thousands of companies. OPay connects folks outdoors the standard banking system to funds, transfers, financial savings, and sensible enterprise options that make on a regular basis monetary transactions less complicated, safer, and extra accessible. OPay aspires to serve billions of customers and thousands and thousands of retailers worldwide within the coming many years, whereas producing each jobs and financial alternative.

For additional data, please go to:

Web site: https://www.opay.ltd/
LinkedIn: https://www.linkedin.com/firm/opay/



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Tags: companyEBANXGlobalLaunchNigeriaOPaypaymentsrecurring

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