Leading financial technology firm OPay has introduced its innovative Large Transaction Shield feature, designed to offer users greater control and security over their funds.
The company explained that the feature utilises facial recognition authentication to protect users from unauthorised transactions.
Designed to provide users with unparalleled control and protection over their funds., The Large Transaction Shield offers a comprehensive suite of benefits, including
- enhanced security,
- customization, and
- convenience.
How It Works
The feature is designed so users can set personalised transaction limits and tailor protection to their specific needs. Thus providing greater control over their finances.
According to OPay, the Large Transaction Shield allows users to set personalised limits for single, daily, and monthly transfers.
Any large or unusual transactions exceeding these defined limits will require additional verification.
When a transaction surpasses the preset threshold, users must confirm their identity through facial verification.
The Chief Executive Officer of OPay, Dauda Gortring, explaining in a statement the protective effect of this feature said;
“By requiring facial verification for large transactions, we are further strengthening our defences against potential fraud and ensuring that every payment is authorized by the rightful account holder.”
“OPay users can rest assured that their funds are protected from unauthorized transactions.” the firm noted.
Opay CEO, Gortring, also noted that the fintech is committed to delivering cutting-edge financial solutions that prioritize user safety and convenience.
“The Large Transaction Shield is a testament to our dedication to providing a secure and reliable platform for our customers.” he said.
With this new feature, OPay has further strengthened its leadership in the financial sector, emphasizing its commitment to innovation and user protection.