OPay is playing a significant role in Nigeria's digital payment revolution by enhancing financial inclusion, facilitating commerce, and contributing to the development of the country's digital economy, according to Legit.ng.

According to Vanguard, technology has significantly transformed financial transactions in Nigeria, allowing individuals to conduct activities such as sending money, paying bills, and purchasing airtime via mobile phones without needing to visit a bank. This shift towards digital financial services is exemplified by OPay, which is playing an increasing role in facilitating access to these services as the economy becomes more digital.

OnePurze is a Nigerian fintech company that aims to simplify the process for Nigerians to receive payments and send money abroad. The platform is designed to address the challenges faced by users in international transactions, providing a more efficient and user-friendly experience.

Payaza has introduced Shopaza, an eCommerce platform that is now operational in 23 countries across Africa, North America, and Europe. The platform utilizes Payaza's proprietary payment infrastructure to facilitate instant settlement for transactions.

Kenya has solidified its status as a leading digital financial market, bolstered by widespread mobile money adoption and a growing cashless payment ecosystem. The mobile merchant payments sector has seen consistent growth, primarily fueled by Safaricom's Lipa na M-Pesa platform, which has significantly enhanced mobile retail transaction volumes.

Nigeria is advocating for a cross-border payment system that eliminates the need for third-party currencies, according to Techpoint Africa. The discussion includes the recent approval of Yellow Card in Switzerland and Daya's successful fundraising of $2.4 million aimed at developing stablecoin payment infrastructure.