Aside from being a mobile banking app, Opay presents numerous opportunities for users to save and earn. Learning how to make money on Opay is a valuable skill, as it offers different avenues for you to generate at least N6k daily with some consistency.
With its array of financial services and innovative features, Opay has transformed the way we view mobile banking, making it a platform for both saving and making money.
Ways to make money on Opay include their referral program, value-added services like purchasing airtime and other utility bill payments, agent services, cashback services, and interest gotten from saving on the app.
This guide explains how much you can make with Opay and also explains how to make money on Opay without referrals.
If you don’t have an Opay account yet, here’s how to open one.
How Much Can You Make With Opay?
As an Opay user, you’re bound to make as much as 5,000 NGN daily through the basic referral system. We call it basic because that’s the payment you receive for referring at least seven people to sign up on the app.
It could be more as dedicated users expand their audience in order to engage them into signing up for the Opay app. This, of course, is a fast and swift deal, as new customers who sign up are rewarded the sum of 1,200 NGN.
How to Make Money on OPay
Here are a few options on how to make money on Opay:
Opay Referral Program
This is where you invite a non-Opay user using your account invitation link to enable them to download the app and start using it as well. You make money through the 800 NGN rewarded to you by Opay after a successful login by the user you referred.
Cashback on Transactions
Transactions like purchasing airtime and data will take off a certain percentage when you purchase them using the app.
Investing with Opay
Certain investment programs are available on the Opay app, which include the Owealth, fixed, savings, etc. Using this program to save your money can earn you 15% interest per year.
Becoming an Opay Agent
Think of how much you pay the POS agent each time you make a transaction with them. That is to show you how much you can make as an Opay agent as well. This guide will show you how to get started as a POS agent.
How do I refer and earn money on OPay?
Think of the Opay app as one of the most profitable side hustles you will ever own. By learning how to make money on Opay, particularly through the refer and earn option, you can secure a steady income stream using nothing more than your word of mouth.
How to Sign Up for Opay and Earn an N1,200 Bonus in 2023
You’re qualified to earn as much as a 1,200 NGN bonus when you successfully sign in and make your first deposit on Opay. This goes for the first payment of 1,000 NGN and above from your local bank account to your Opay account.
How Do I Get My Referral Code on Opay?
Getting your Opay referral link is how your invited users can access and download the app, so you can get your sign-up bonus.
When a potential user eventually signs up on the Opay mobile app through your link and makes over 1,000 NGN in deposits, you’ll get a cashback bonus of 800 NGN.
How to Earn at Least N6K Daily With Opay: Step-By-Step
The two major ways you can earn at least 6,000 NGN on Opay are through their agent network service or referral services. The agent network service, commonly known as the POS business, is one of the fastest ways to make over 6,000 NGN daily through the Opay banking system.
The Opay POS service business is another lucrative way to explore how to make money on Opay. By applying to become an Opay agent and facilitating transactions for customers, you can earn a daily income of over 6,000 NGN.
As outlined in our guide above on how to refer and earn money using Opay, you’re entitled to a specific bonus prize (800 NGN) for drawing people’s attention to the app and making them sign up.
How to Withdraw Opay Referral Earnings
Your Opay referral earnings are reflected on your dashboard after successful confirmation that your referred user has logged in and completed a credit transaction of 1,000 NGN or above.
You can therefore withdraw this money by sending it to your local bank account or through the POS.
How Do I Make Money on Opay Without Referrals?
The easiest way you can make money without referrals on Opay is by engaging in the daily app cashback services, where you make between 5 and 20 NGN. You can get cashback bonuses from daily Owealth interest if you have your money in savings, as well as daily bonuses from logging into the app every day and purchasing airtime.
You can make way more than this amount by partaking in the iLOT Betting game. With this game, you stand the chance to predict and win 10,000,000 NGN. This amount is usually shared amongst players who correctly predict the score in the first half and the final score after the end of regular time.
How Does Opay Investment Work?
You’re at a greater advantage to benefit from all the bonuses Opay offers her customers when you consistently log in to the app. Opay rewards her customers with up to 15% interest for saving on the app.
You can make money from the Owealth service system by depositing your spare cash there to earn up to 15% interest in a year. The good thing about the Owealth savings system is that your account earns daily interest on the total amount you’re saving, and you can withdraw it at any time.
The investment option to save a considerable amount of money on Opay not only gives you a Return on Investment but also helps you with wise spending.
Make Money with Opay: FAQs
Does OPay give 10 Naira daily?
Opay pays between 1 and 10 NGN daily, so for starters, you may be getting 5 NGN, which would improve as you consistently use the app.
Some other ways you can get daily cashback bonuses are through the purchase of airtime and data on the mobile application. Following this process will earn you between 3 and 6% cashback for each network every day, which is approximately 1.5 to 60 NGN.
Is PalmPay better than OPay?
Palmpay has a good banking system with almost the same features, but not as good as Opay. Opay users have more advantages that come with using the app. They tend to earn more on the app daily, gain commissions on certain transactions and subscriptions, and finally gain a bigger interest in savings.
Can I use OPay to buy Bitcoin?
You can’t use Opay to buy Bitcoin. The Opay banking app can only be used to convert Bitcoin to cash through an app like CoinCola. You can go for the option of buying and selling your cryptocurrencies on CoinCola and then making payments through your Opay account free of charge.
How do I earn money in OPay?
The fastest way to earn money in Opay is through the referral system, which pays more frequently if users sign up using your referral link. Some other ways to make money using Opay are through cashback bonuses or value-added services. You can gain commissions from running value-added services like POS agent service, subscriptions, and airtime and data recharge.