OPay vs Chipper Cash: Best Mobile Money Service?

If you’re looking for a payment processor, there are numerous payment processors available online, but two stand out: Chipper Cash and Opay.

The timing of transfers, bank fees, global reach, and ease of use all have an impact on company cash flow.

When it comes to comparing Chipper Cash vs Opay, each can be advantageous depending on your circumstances and needs.

What is OPay

Opay vs Chipper Cash: Overview

OPay is an electronic payment wallet developed by Opera Software, the makers of the popular Opera Mini web browser.

It is a mobile payment platform that allows users to pay for goods and services using a mobile phone and the OPay App.

It also  enables merchants to offer a variety of services to their customers. The company’s mission is to help unbanked people.

OPay was founded to serve the unbanked 60 percent of Africans. The customer base of the company has already surpassed 5 million Nigerians and is still growing.

Millions of people use the service because sending a payment only requires knowing the phone number of another user.

Merchants can use Opay POS terminals with low transaction fees. There are two options for creating a merchant account on the website.

Individuals can open both an online merchant account and a POS merchant account.

Features of OPay

Below are some of the unique features of Opay

1. Bill Payments:

With OPay, you can buy airtime from popular Nigerian networks such as MTN, Airtel, 9mobile, and GLO.

You can also use the OPay app to purchase data from MTN, Airtel, 9mobile, and GLO.

 OPay also allows you to enjoy your favorite Pay TV by allowing you to pay through its platform. You can easily subscribe to Pay TV services such as DSTV, GOTV, and others. Startimes.

2. Transfer Money:

OPay makes money transfers simple. You can send money to other OPay users or to a bank account.

3. Pay with QR: 

This is a new service that allows you to pay for goods and services in physical locations and stores quickly.

Any merchants with the QR Sign can accept payment via the QR feature. Simply scan the QR code with your phone to make the payment.

4. Hail a Ride:

OPay provides a variety of transportation services. It has ORide for bikes, OCar for cars (similar to Uber), OTrike for tricycles, and OBus for buses.

5. Quick loan:

With OKash, you can get a loan quickly and easily. Okash is Opay’s automated lending service that aims to increase credit access for financially underserved/excluded Nigerians.

Loan decisions are provided in 15 seconds, and applicants who are approved receive funds in 5 minutes. 7 days a week, 24 hours a day.

The loans are made available through an Android mobile app, and lending decisions are made almost instantly. The typical loan amount for new borrowers is N10,000.

What is Chipper Cash

Chipper Cash
Opay vs Chipper Cash: Overview

How to Invest in Chipper Cash [Step By Step]Chipper Cash is a venture-backed financial technology company that develops software to enable free and instant cross-border payments in Africa and Europe, as well as solutions for businesses and merchants to process online and in-store payments.

Features of Chipper Cash 

Lets take a look at some of the features of Chipper Cash.

Sending Money

Chipper Cash allows you to send money to other Chipper Cash users in your phonebook. You can also send money to contacts who aren’t Chipper Cash users.

To receive the funds, the recipient will be prompted (via SMS) to open a Chipper Cash account.

To send money to a contact on your contact list or another Chipper Cash user, tap the “Send” button on the activity page and select the recipient from your contact list.

Bill Payments

You can pay your TV, electricity, and internet bills with Chipper Cash. Additionally, you can buy airtime for someone on your contact list by tapping the “Contacts” button.

The best part is that every purchase of airtime qualifies for a 2 percent discount. Additionally, paying bills is cost-free.

By virtue of this, Chipper Cash is now recognized as one of the very few payment processors that doesn’t charge customers to send money, pay bills, or fund their accounts.

Pay School Fees and Send Money in Seconds

Assist your family’s students in succeeding in school. Cover school and activity fees quickly, and never miss a payment when you’re out of town.

Request for Funding

If you run out of money or someone owes you money, the Chipper Cash app’s ‘Request’ feature allows you to request money from your contact list or other Chipper Cash users.

Sign Up For Your Chipper Cash Account Here

OPay vs Chipper Cash: Differences

Let’s take a look at some of the differences between Opay vs Chippercash and see how they stand out against each other.

Transfer Fee for OPay 

OPay, like other mobile money providers, is reshaping banking by providing a cheaper way for the underprivileged  to send money to people’s bank accounts. 

OPay currently has the lowest bank-transfer rate in the country. The service used to charge 32.0 for bank transfers, but it was reduced to 10. 

Transfer fee for Chipper Cash 

Transfers on the chipper app are always free, regardless of the amount or destination. 

However, when you add money to your Chipper Cash Wallet, your mobile money provider will charge you a small fee.

When making payments across borders in different currencies, live and current exchange rates are used to complete the transfers.

The app displays the exchange rates and does not apply any commissions to the rates.

Location Coverage for OPay 

OPay is a mobile money (MMO) and financial technology platform that was founded in 2018.

OPay currently has a presence in Pakistan, Egypt, and Nigeria, and is looking to expand further into new territories across North Africa and the Arab region, including the UAE.

In addition to geographical expansion, OPay intends to expand its existing suite of financial services.

Location Coverage for Chipper Cash

Chipper Cash is currently only available in 9 countries, the company’s management has stated on their website that more countries will be added soon.

Chipper Cash is accepted in the following countries:

  • Ghana 
  • Nigeria 
  • Uganda 
  • South Africa 
  • United Kingdom 
  • United States of America 
  • Kenya  
  • Tanzania 
  • Rwanda 

Supported Currency on OPay

OPay only supports only local currency like Narnia for transactions. 

OPay has also announced a partnership with WorldRemit, a leading global digital payments platform, to provide international money transfers.

The collaboration between OPay and WorldRemit will provide Nigerians with a faster, easier, and more affordable way to receive money directly into their mobile phones from over 50 countries, including the United States, the United Kingdom, and Canada.

Supported Currency on Chipper Cash 

With Chipper cash you can receive and send money in most African countries regardless of the currency. You can also receive money from other countries at an affordable and cheap currency exchange rate.

Chipper Cash is one of Africa’s best Fintech companies, despite the fact that it is not as functional as PayPal and only operates in 9 countries.

Which one is faster

Chipper performs transfers instantaneously. Depending on the bank, it may take a few minutes to enter your recipient’s mobile money account or up to two working days to enter their bank account.

OPay is the easiest and fastest way to make transactions and manage your finances without having to wait in long bank lines.

Ease of use

Chipper Cash App was created with the sole purpose of allowing you to spend your money as you see fit, free of commissions and maintenance fees.

Money transfers are free with Chipper! You can transfer money between Chipper accounts and between Chipper accounts and other bank accounts. 

OPay is an online wallet that many people use to make payments and transactions on mobile phones.

You can use OPay to pay your bills, recharge your phone, send and receive money, earn cashback, and more.


OPay is a legal company that you can trust.

We are PCI DSS compliant. All of your transactions are encrypted and secure.

The Central Bank of Nigeria has granted OPay a license. OPay, which was launched in June 2018, now has over 300,000 merchants across Nigeria’s 36 states.

OPay has collaborated with a number of reputable businesses. FlutterWave, MTN, Google, Interswitch, Betway, uLesson, Remit One, and others are among them.

Alexander House, Otunba Jobi Fele Way is the address for OPay Nigeria. Ikeja. Nigeria, Lagos

Chipper Cash is a secure app, so your funds and account are safe. Before you can log back into your Chipper wallet account, the app requires Two-Step Authentication (via SMS). There’s also a Security Lock feature that requires you to enter your Chipper PIN each time you close and reopen the app.

Your payment information and personal data are encrypted at Chipper Cash to protect you from unauthorized activities and to provide a secure platform for sending and receiving cash.

Customer reviews OPay 

On Google Play Store, Opay has a rating of 4.5 from over 213,016 reviews. With excellent performance on Google play store, Opay is good and highly recommended. 

OPay, like other mobile money providers, is reshaping banking by providing a cheaper way for the underprivileged  to send money to people’s bank accounts.

Customer Reviews on Chipper Cash

On Google Play Store, Chipper Cash has a rating of 4.2 from over 73,206 reviews. 

With all its ratings and reviews, Chipper cash is doing just Good…

I went through all the feedback on the app and I got to the conclusion that Chipper Cash is convenient, it’s a cross-border payments app, where over 3 million people send & receive money.

Opay vs Chipper Cash: Conclusion 

When comparing Chipper Cash and OPay, these two companies are best suited to different types of transfers.

When it comes to transferring money to other African countries, Chipper Cash may be more suitable than OPay, whereas OPay provides an excellent service for domestic transactions within the country.

If you are not looking for a transfer provider to send money, you will most likely find better rates with an online money transfer service such as Chipper Cash or Opay.

Create Your Chipper Cash Account Here

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