Opay vs TymeBank.
Opay (O58/100) and TymeBank (T50/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. Opay leads TymeBank 7-0.
| O Opay №54 · CBN 58 /100 | T TymeBank №73 · SARB 50 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 58 /100 | 50 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €0 Free tier |
| FX markup Debit card abroad | Interbank | 2.00% |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | E-money inst. CBN | Payment inst. SARB |
| Deposit guarantee Per depositor | Safeguarded NG.NDIC | Safeguarded ZA.CODI |
| Reach | ||
| Markets served Licensed jurisdictions | 5 countries | 1 country |
| Crypto Coins available | No | No |
| Stocks & ETFs Self-directed | Yes | No |
| UX | ||
| Trustpilot Customer score | 1.5 ★ 5k reviews | — |
| App store iOS + Android avg | 4.5 ★ iOS 4.4 · And 4.5 | 4.3 ★ iOS 4.4 · And 4.3 |
| Read review → | Read review → | |
Pick Opay if…
Largest Nigerian mobile-money + neobank hybrid by user count (~50M+). Saudi Aramco-affiliated investor backed. OBank subsidiary holds the bank licence; OPay wallet sits on top. Aggressive cross-EM expansion (Egypt, Pakistan announced). The Nigerian mobile-money rail leader.
Pick TymeBank if…
First South African full-bank digital launch (2018). Tyme Group's flagship product — the same operator behind GoTyme (PH). Pick n Pay + Boxer in-store card kiosks differentiate vs. all-app competitors. SARB-regulated full bank, CODI ZAR 100,000 cover. ~9M ZA customers.
- Best for fees Opay won 1 of 4
- Best for protection Opay won 1 of 2
- Best for reach Opay won 2 of 3
- Best for ux Opay won 2 of 2
Opay vs TymeBank — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Opay better than TymeBank?
Under our v3 methodology, Opay leads TymeBank 7–0 across 12 dimensions. Composite scores: Opay 58/100 vs TymeBank 50/100. Opay is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is Opay or TymeBank cheaper?
Monthly fee — Opay: €0; TymeBank: €0. Card FX markup — Opay: Interbank; TymeBank: 2.00%. Opay wins more fee rows (1 of 4). See the Fees section of the matrix above for ATM caps and the rest.
Which is safer for deposits, Opay or TymeBank?
Opay holds a E-money inst. licence under CBN; deposit guarantee per depositor: Safeguarded. TymeBank holds a Payment inst. licence under SARB; deposit guarantee per depositor: Safeguarded. Opay is the stronger pick on regulatory protection.
Where can I use Opay and TymeBank?
Opay operates in 5 countries; TymeBank operates in 1 country. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.
Want a 3- or 4-way comparison?
The dynamic compare picker handles up to four banks. Add this pair plus one or two more and we'll resolve every row.