One common challenge African businessmen and women face is how to receive money from abroad without paying a hefty fee. As a business owner or an individual who wants to get your money without excessive bank charges, you should consider making use of a payment solution that is transparent, fast, and affordable.
We have made it easier for you to pick the right payment options for you. Here is a list of some of the best methods you can get your international payments:
Flutterwave.
Flutterwave accepts payments in different currencies of the world. You do not have to struggle to open your Flutterwave merchant account. The payment setup is straightforward and allows you to send out professional invoices abroad. If you want to retain your money in foreign currencies, you can make use of this payment solution. Payment pricing for your transactions ranges from 2.9% to 3.8%.
Pay4Me,
Pay4Me is a seamless payment app that offers you different means of payment. Whether you want to receive or send money abroad without difficulties, you can make use of this app. For business persons who want to conduct business abroad, they can make use of the special packages from the app. You can use the free or paid payment solutions for your transactions.
TransferWise.
TransferWise is a smart payment option for your bank transfers. It does not come with extra currency conversion charges. You can receive your money in local currency, which helps you save money from the wire transfer. TransferWise is a borderless bank account for Africans who want to receive or send money abroad. You can save money when you use PayPal and transfer your funds to this payment solution.
PayStack
PayStack allows you to receive or send money abroad via your debit card, credit card, mobile money, bank accounts, USSD, and others. You can create invoices or payment links for your international clients. You can even withdraw money into your domiciliary accounts. The transfer charges vary from country to country. However, only Nigerians and Ghanaians can make use of PayStack now.
Payoneer
Payoneer is an alternative to PayPal. For most Africans who find it difficult being paid for their businesses, they can make use of Payoneer. Most business sites make use of it in paying their foreign clients, especially those in Africa.
Skrill
Skrill offers you instant withdrawals from its USD or EUR accounts. Users can withdraw their money from the platform account through their direct bank deposits. It has a monthly service fee of EUR 5. The pricing of withdrawal fees ranges between 2% plus 3.99% currency conversion fees.
PayPal
PayPal allows you to send or receive payments online. The platform is easy to use, secure and offers buyer protection. You can create payment links, send invoices, and receive money quickly. Most business persons in Africa find it challenging the method of sending money abroad. However, with this type of payment, you can be assured of a fast and easy-to-use payment solution.
Why do you have to pay for more, when you can pay for less with Pay4Me? Whether you want to pay for SEVIS or WES, Pay4Me does it seamlessly for you. ? To get started, click here to download the app.
