OPay, one of Nigeria’s leading financial institutions, has introduced a new security feature called the Large Transaction Shield, aimed at offering users greater control and protection over their funds. This innovative feature is designed to enhance the security of high-value transactions, primarily through robust facial recognition authentication, safeguarding users against unauthorized activity.
A key aspect of the Large Transaction Shield is its ability to allow users to set personalized limits for single, daily, and monthly transfers. If a transaction exceeds these predefined limits, users are prompted to verify their identity using facial recognition, adding an extra layer of protection. This ensures that only authorized account holders can approve large or unusual transactions.
Dauda Gortring, CEO of OPay, emphasized the company’s commitment to user safety, stating, “The Large Transaction Shield is a testament to our dedication to providing a secure and reliable platform for our customers. By requiring facial verification for large transactions, we are further strengthening our defenses against potential fraud.”
In addition to bolstering security, the Large Transaction Shield provides users with customization options, allowing them to tailor their transaction limits and security settings according to their preferences. This feature is expected to give OPay users greater confidence and control over their digital financial transactions, reinforcing the platform’s reputation as a leader in innovation and user protection.
