OPay Refutes Online Rumour of September Shutdown, Reassures Users

Please share this story:

Sep 01, 2026

Lagos – Digital payments platform OPay today smashed a widely‑circulated message that claimed the company would stop processing transactions from 1 September 2026. The notice, shared on several social media pages, pretended to be an official memo from OPay Digital Services Limited and urged users to pull out their money before an alleged "long indefinite break".

In a clear‑cut statement posted on its verified X account, OPay wrote: "This is FALSE! OPay is not going on break by September. We’re here, and we’re going nowhere!" The fintech stressed that the warning was fabricated and that its payment services, bill‑pay, cash‑out and other digital offerings continue uninterrupted.

The

rumor first surfaced on Tuesday night, quickly gaining traction among users who were already wary of online scams. Some followers even began posting screenshots of the fake notice, advising friends to withdraw their balances to avoid loss. OPay’s communications team responded within hours, highlighting several red flags that identified the notice as a counterfeit – such as missing corporate branding, unverified email addresses and an uncharacteristic tone.

"We advise our customers to always check the source of any financial information," the statement added. "Official announcements will only appear on our verified channels – our website, the OPay app, and the verified handles on X and Instagram."

/>
The company also reminded users that their funds are protected under Nigerian banking regulations and that OPay does not require any advance notice before a service interruption. No such notice has been issued by the Central Bank of Nigeria or the company's board.

Financial analysts note that false shutdown rumors can cause short‑term panic, potentially affecting transaction volumes and customer confidence. However, the swift clarification by OPay appears to have stemmed the tide, with user comments on the official post returning to normal discussions about upcoming features and partnership deals.

OPay’s spokesperson, Chukwudi Nwankwo, said the incident underscores a growing trend of fake fintech

alerts across the country. "Scammers are increasingly targeting digital wallets and online payment apps. The best defence is awareness – verify before you act," he warned.

As of the time of writing, OPay’s systems report no downtime, and the platform continues to process millions of daily payments across Nigeria, Ghana and other West African markets. Users are encouraged to stay updated through the official OPay app notifications and to report any suspicious messages to the company’s support desk.

The incident serves as a reminder that while digital finance is expanding rapidly, vigilance remains key to protecting personal funds and maintaining trust in the ecosystem.