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.

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.

Xpress Payment Solutions Limited plans to leverage emerging technologies like Artificial Intelligence (AI) and the Internet of Things (IoT) for its next growth phase, following a decade of processing transactions worth trillions of naira. The announcement was made by the company's Managing Director and Chief Executive Officer, Mr. Wale Olayisade.

Digifon has partnered with MTN Nigeria to launch a range of smart accessories, including earbuds and power banks, which will be available on the MTN e-shop. This collaboration aims to enhance digital inclusion for customers.

Interswitch has formed a strategic partnership with Tropical Bank Limited to enhance access to banking services in Uganda. This collaboration is designed to transform the way Ugandans engage with formal banking by providing essential services through a wide network of agents. The integration of Tropical Bank's services with Interswitch's digital infrastructure aims to improve customer access across the country.

OPay has launched a new office in Kaduna, Nigeria, which is part of its strategy to enhance financial inclusion and improve customer service in the region. This expansion reflects OPay's ongoing commitment to providing accessible financial solutions to a broader audience.