OPay, a financial technology service provider, has debunked a viral message circulating on social media claiming that it is giving out cash to users as part of a Christmas celebration.

The company described the message, which gained traction on X (formerly Twitter) on Thursday, as false and misleading.

The viral post claimed that OPay had sent N5,000 to every user to mark the festive season and asked recipients to confirm if they had received the money.

In a statement issued on Friday, OPay urged members of the public to disregard the message, warning that it was a ploy by fraudsters to deceive unsuspecting users.

“OPay is not giving money to anyone during this festive season,” the company said. “Beware of scammers. Do not transfer money to strangers and never share your Bank Verification Number (BVN) or other sensitive personal information with anyone.”

The fintech firm stressed that it was not running any cash giveaway or money distribution programme during the Yuletide period, adding that all official promotions or announcements would only be communicated through its verified channels.

OPay further advised users to remain vigilant, especially during the holiday season, when fraud-related activities tend to increase, and to report any suspicious messages or requests to the appropriate authorities or the company’s customer service platforms.

The company reaffirmed its commitment to safeguarding customers’ funds and data, while encouraging users to adopt safe digital banking practices to avoid falling victim to online scams.