How to Upgrade Opay Account to Send & Receive Huge Money in 2024

How to Upgrade Opay Account to Send & Receive Huge Money in 2024: Hey friend! Ever felt stuck with low transaction limits on your Opay account? You’re not alone. 

How to Upgrade Opay Account

Many people initially sign up with Opay and are content with basic functionalities until they realize the need to move bigger sums of money. 

And that’s when they hit the wall of transaction limits. But guess what? Upgrading your Opay account is the key to lifting those restrictions. So if you’re looking to send or receive huge amounts without hitches, you’ve landed on the right page!

Why Upgrade Your Opay Account?

Let’s start by talking about why this is essential. Opay is an amazing platform for mobile payments. 

It’s convenient, it’s quick, and it’s packed with features like paying for utilities, buying airtime, and even food delivery. 

But all of these perks come with some limitations if you’re using a basic account. You’ll face restrictions on how much money you can send or receive daily. 

So, upgrading your account isn’t just about getting an elevated status; it’s about enjoying financial freedom!

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Before we move on to how you can upgrade your Opay account, I would quickly like to talk about Opay KYC levels. 

Opay KYC Levels

Opay has a KYC account level where you can get to a new level every time you upgrade your account.

The following are all the Opay KYC levels.

  • KYC level 1 – ₦50,000 maximum account balance, and ₦50,000 maximum daily transaction.
  • KYC level 2 – ₦300,000 maximum account balance, and ₦200,000 maximum daily transaction.
  • KYC level 3 – Unlimited maximum account balance, and 5,000,000 maximum daily transactions.
  • Opay merchant account – Unlimited maximum account balance, and unlimited daily transactions.

Now that you know all the levels and their limits, let’s see how to upgrade your account to those levels respectively.

How to Upgrade Opay Account in 2024

Upgrading your Opay account is very simple and straightforward as long as you have the required documents at hand. 

The following are the documents needed for the upgrade;

  1. A Bank Verification Number (BVN)
  2. An Identity (ID) Card
  3. A selfie
  4. A recent utility bill
  5. Driver’s License, Voter’s card, National ID card, or international passport. 

Each level requires different documents!

Now on to how you can upgrade your Opay account. For this, I will be starting with how you can Upgrade your Opay account to KYC Level 2 since KYC Level 1 is for everyone who signs up for Opay.

How to Upgrade Opay Account to KYC Level 2

The steps are very simple and straightforward. To upgrade your Opay account to KYC Level 2, follow the steps highlighted below;

  1. Open the Opay app and log in to your account.
  2. On your dashboard, click on your profile image icon located at the top left corner of your screen.
  3. Now, scroll down a little and click on the “Upgrade to KYC 2” button.
  4. Then, fill in all the required information to upgrade your account.

Simple as ABC! 

Now, let’s see how you can carry on and take this to level 3.

How to Upgrade Opay Account to KYC Level 3

The steps are similar, just that they require different documents. 

  1. Open the Opay app and log in to your account.
  2. On your dashboard, click on your profile image icon located at the top left corner of your screen.
  3. Now, scroll down a little and click on the “Upgrade to KYC 3” button.
  4. Then, fill in all the required information to upgrade your account.

Okay, what about upgrading to a Merchant account?

How to Upgrade Opay Account to Merchant Account 

It’s still the same process but different required documents entirely!!!

  1. Open the Opay app and log in to your account.
  2. On your dashboard, click on your profile image icon located at the top left corner of your screen.
  3. Now, scroll down a little and click on the “Upgrade to merchant account” button.
  4. Then, fill in all the required information to upgrade your account.

Easy Peasy!!! Easy like eating peanuts!

Extra Tips for a Smooth Upgrade Process

Ensure that the documents you upload are clear and legible. Blurry or unclear documents will likely be rejected, and you’ll have to start all over again. 

Also, keep an eye on your email and phone for any updates or requests for additional information.

FAQs on Upgrading your Opay Account 

How long does the Opay Upgrade process take?

Typically, it takes up to 48 hours, but sometimes it could be faster. So, after you’ve submitted all the necessary documents, just sit tight.

What happens if Opay rejects my documents?

No worries! If you follow the guidelines and submit the right documents, it’s rare for an upgrade to be rejected. But if it happens, Opay usually explains the reason, and you can reapply.

Can I downgrade my Opay account later?

Yes, you can. If you feel like the upgraded account isn’t serving your needs, you can contact Opay customer service to initiate a downgrade.

Is there any cost involved in Opay Account upgrading?

Nope, upgrading your Opay account is usually free of charge. But always check the latest information on their app or website to be sure.

Will upgrading my Opay Account affect my saved payment methods or transaction history?

No, all your saved payment methods and transaction history will remain intact even after the upgrade. You can continue from where you left off but with a much higher transaction ceiling!

TechSpike’s Conclusion

Upgrading your Opay account is almost a no-brainer if you’re someone who needs to handle large transactions regularly. 

It frees you from low daily limits and opens up a world of possibilities. From paying for big-ticket items to receiving large payments from clients or family, the sky’s the limit once you upgrade.

The process is straightforward, and Opay’s support is always there to guide you if you run into any hitches. 

So why limit yourself? Take the plunge and upgrade your Opay account today!

If you have any questions regarding this post simply leave us a comment in the comment box below and we will get back to you as soon as possible. Thanks for sticking with TechSpike.com.ng.

6 thoughts on “How to Upgrade Opay Account to Send & Receive Huge Money in 2024”

  1. Can i have my address changed since I’m no longer living there? I need to upgrade to tier3 with my current utility bill

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