Do you want to know the transaction limit on your Opay account

Opay has a daily transfer limit and maximum account balance for its 3 types of accounts tier.

This post will guide you on how to check your transaction limit on the Opay app, helping you manage your finances more effectively.

Why Knowing Your Transfer Limit on Opay is Important

1. Managing Your Finances Effectively: Being aware of your transaction limits allows you to plan your transactions better, ensuring that you don’t overshoot the limits unexpectedly.

2. Avoiding Failed Transactions: Exceeding your transaction limit can result in failed transactions, which can be frustrating, especially during urgent financial needs. By knowing your limits, you can prevent these inconveniences.

3. Ensuring Smooth and Uninterrupted Use of Opay Services: Understanding your transaction limits helps you avoid any interruptions in your transactions, ensuring that you can continue to use Opay services without issues.

Read: How to Set Card Transaction Limit on Opay App

How to Check Transaction Limit on Opay App

Follow these four steps to check your transfer limit on Opay App:

Step 1: Open the Opay App

Launch the Opay app on your mobile device (Android or iPhone).

And if prompted at login, enter your 6-digit Opay password to access your account.

Step 2: Go to the Account Settings

Once you’re logged in, go to your account settings.

Look for the “Me” icon located at the bottom of the app screen and tap on it.

Step 3: Select “Account Limits” Option

In the “Me” section, choose the “Account Limits” option from the list.

Step 4: View your Opay Account Transaction Limit

Once in the Account Limits, scroll down to the transaction limits section.

It shows transaction limits of the three Opay account tier. To differentiate yours from the other two tiers, Opay label it “current”.

It will show your current transaction limits based on your Opay account tier (tier 1, tier 2, or tier 3).

Here is the transaction limits of the three Opay account tiers:

• Tier 1: Daily transaction limit is ₦50,000, with a maximum account balance of ₦300,000.
• Tier 2: Daily transaction limit is ₦200,000, with a maximum account balance of ₦500,000.
• Tier 3: Daily transaction limit is ₦5,000,000, with an unlimited maximum account balance.

Understanding Different Types of Transaction Limits on Opay

1. Daily Transaction Limits:

A daily transaction limit is the maximum amount of money that can can transfer or withdraw in a single day.

On Opay, the daily limit varies based on your account tier:

1. Tier 1: ₦50,000
2. Tier 2: ₦200,000
3. Tier 3: ₦5,000,000

2. Maximum Account Balance Limits:

This is the highest amount your Opay account can hold at any given time:

1. Tier 1: ₦300,000
2. Tier 2: ₦500,000
3. Tier 3: Unlimited

3. How to Increase Opay Transaction Limits:

If your current limits are not sufficient, you can increase them by upgrading your Opay account tier.

To do this, go to the “Account Limits” section in the Opay app, tap on the “Upgrade” button, and complete the required verification process.

Common Issues When Checking Transfer Limits on Opay:

1. App-Related Issues: Sometimes, the Opay app might not load the “Account Limits” section properly due to bugs or connectivity issues. Restarting the app or ensuring you have a stable internet connection can often resolve this.

3. Account Verification Problems: If your account is not fully verified, you may not be able to view or adjust your transaction limits. Make sure all your verification steps are completed in the app.

4. Contacting Opay Support: If you’ve tried the above solutions and still can’t view your transaction limits, it’s best to contact Opay customer support for assistance. They can help you troubleshoot the issue or provide further guidance.

FAQs:

Summary

Knowing your transaction limits on the Opay app helps you avoid failed transactions, ensures you stay within your limits, and allows you to make the most of Opay’s services.

Here are two key points on how to check your transaction limit on Opay app:

• To check transaction limit on Opay app, log into the app, go to the Account limits section. Tap on it to view your current Opay account limit.
• The daily transaction of Opay by account tier are:
  • Tier 1: ₦50,000
  • Tier 2: ₦200,000
  • Tier 3: ₦5,000,000

If you found this guide helpful, please share it with others who might benefit from it.

unleash.com.ng is dedicated to providing valuable information on managing your finances. Keep an eye out for future articles on Opay and other helpful financial topics!

If you have any questions or need further assistance, feel free to ask in the comments below or the Facebook page.