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EBANX is the first global payments company to launch recurring payments through OPay in Nigeria

Published

22 October 2026

Topic

technology

◆ Sectors

Fintech

◆ Geography

Nigeria

◆ Source

Read at streetinsider.com →

◆ Verified

Fusion42 · 22 October 2026 · Fusion42 review

EBANX has become the first global payments company to enable recurring payments through OPay Direct Debit in Nigeria, allowing global subscription businesses to access OPay's 40 million monthly active users. This expands alternative recurring payment options in Nigeria’s large digital payments market, where credit card penetration is low and digital wallets dominate.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

Recurring payments just opened up for OPay’s 40 million Nigerian users, clearing a major barrier for subscription services in a market where credit cards are rare. If you handle payments or subscriptions in Africa, make sure you integrate OPay’s direct debit option now.

◆ Coverage

1 source · 22 Oct 2026

◆ Related on Wire

◆ Topics

Fintechrecurring-paymentsdigital-walletemerging-marketssubscription-economynigeriafintech