Top 12 Apps Like Paypal Alternatives In Nigeria | (UPDATED)

Top 12 Apps Like Paypal Alternatives In Nigeria | (UPDATED)

Top 12 Apps Like Paypal Alternatives In Nigeria | (UPDATED)

Top 12 Apps Like Paypal Alternatives In Nigeria | (UPDATED)

There are many other PayPal alternatives in Nigeria; have you been looking for them to make your transaction? Recently a lot of Nigerians have been looking for PayPal alternatives to pay and receive their money.

Most business transactions in Nigeria are now done using an online Mobile Banking system, you might not have had a good experience using PayPal, but there are other alternatives to use.

What you will be learning in this article will help you to see those alternatives to PayPal and how you can use and Apply them for your business.

There is another alternative to be used in Nigeria, it’s free to sign up, and you can withdraw directly to your local bank account. What you will be learning in this article will help you to see those alternatives to PayPal and how you can use and Apply them for your business.

12 Apps Like Paypal Alternatives In Nigeria | (UPDATED)

12. Afriex Best Money Transfer App to Nigeria 

Yes, you read that right. Afriex is the best money transfer app for Nigeria, Ghana, and Kenya. Even though it’s just a new kid on the block, the growth is pretty quick. Africa is a hub for development. And technology has taken center stage within the African continent so that efficiency can go up.

Afriex came to life for this reason – to boost money transfer efficiency. And it seems to be living up to this goal quite well. Today, thousands are transacting through Afriex every single day. They have earned the trust of not just Nigerians but also Ghanaians and Kenyans. In fact, most African countries now prefer Afriex for sending and receiving funds.

In terms of pricing, they have very competitive fees within the industry. They also ensure that your security is looked after through their sophisticated technological tools. Hence, you’re always assured that your funds are safe online. The speed of transactions is also quite commendable.

One last comparative advantage that Afriex has over other money transfer apps is the fact that they permit cryptocurrency purchases and transactions. Therefore, if you don’t fancy fiat currencies, then you can consider cryptocurrency instead.

Open Account and Download App HERE

Top 12 Apps Like Paypal Alternatives In Nigeria | (UPDATED)

11. WorldRemit

WorldRemit is equally one of the best money transfer apps for Nigeria, Ghana, and Kenya. You can also use the app to send and receive money from Western countries. The best part about this service is its speed. Their transactions are quite fast and get to the recipient within minutes. In addition, they don’t charge exorbitantly. Their rates are quite fair and ensure that more money gets to the recipient.

Top 12 Apps Like Paypal Alternatives In Nigeria | (UPDATED)

Open Account and Download App HERE

10. Square

Square’s ease of use sets it apart from other PayPal alternatives. The fees and pricing methods are transparent and easy to understand, and it doesn’t lock you into a long-term contract. It makes transactions simple, which is critical to the success of small businesses. If you run a small business and want a different credit card processing solution from PayPal, you can consider Square.

Square lets you customize the platform to your business. It also emphasizes security, which can provide peace of mind to small businesses and their customers. Between the simplicity and security customization options, Square is one of the best PayPal alternatives.

Square Charges

You pay a standard processing fee of 2.6% plus 10 cents on all contactless payments, swiped payments (including with magstripe cards), and payments with inserted chip cards. It costs 3.5% plus 15 cents to process keyed-in payments manually.

Top 12 Apps Like Paypal Alternatives In Nigeria | (UPDATED)

Open Account and Download App HERE

9. Venmo

Venmo is one of the better options for peer-to-peer payments. If you’re looking for a PayPal credit card processing alternative for your business, Venmo isn’t for you, but it is a solid choice if you’re looking to quickly transfer money to someone else.

Venmo allows users to add their debit card and bank account information. You can accept payments from peers and quickly transfer those to any of the bank accounts associated with your Venmo account. If you want, you can add multiple bank accounts or cards to your account. You can also leave money in Venmo to use the next time you make a transaction on the platform.

Venmo Charges

You might pay minor fees for using Venmo, such as $2.50 for an out-of-network ATM withdrawal, but most of its services are free.

Open Account and Download App HERE

Top 12 Apps Like Paypal Alternatives In Nigeria | (UPDATED)

8. TransferWise

Yet another one of the best money transfer apps to Nigeria, Ghana, and Kenya is TransferWise. It has been around for a while now and gained the trust of millions. Their transaction fees will vary based on where you want to channel the funds. But for most transactions, the speed is quite fast – just minutes or hours tops.

Top 12 Apps Like Paypal Alternatives In Nigeria | (UPDATED)

Open Account and Download App HERE

7. SimbaPay

With SimbaPay, you get to decide the speed of the transaction and the rate at which the funds will be moved to the recipient. The advantage of doing this is that you can choose either a cheaper or more costly transaction.

You can send money from your SimbaPay account to the recipient’s bank account or mobile wallet.

Top 12 Apps Like Paypal Alternatives In Nigeria | (UPDATED)

Open Account and Download App HERE

6. MoneyGram

MoneyGram has been around also for a while now and is equally among the best money transfer app for Nigeria, Ghana, and Kenya. Many individuals within and without the African continent use MoneyGram to make transactions.

The comparative advantage MoneyGram has over other apps in its space is that it permits cash pickup points. The recipient, therefore, doesn’t have to own a bank account or have an account with the app to receive funds.

Transfers to bank accounts in Ghana are typically free through MoneyGram. Thus, you can’t take advantage of such offers while they last.


Open Account and Download App HERE

5. Western Union

Western Union is yet another established money transfer app that has existed for several decades. It is available in practically every African country. This makes it the best money transfer app for Nigeria, Ghana, and Kenya.

The beauty of Western Union is just like MoneyGram – cash pickup points. There are several cash pickup points around the African continent. This means that the recipient can receive funds even when they neither have a bank account nor a Western Union account.

Western Union

Open Account and Download App HERE

4. Skrill

A Paysafe company, this payment method is a lot like PayPal. Skrill has both U.S. and European clients, which makes it particularly valuable if you’re spending money in Europe and the U.S. Much like PayPal, Skrill makes security a big focus. Creating an account and starting the platform is not complicated. There are no tremendous differences between Skrill and PayPal, although Skrill might be better suited for international merchants.

Skrill offers chargeback protection, multiple integrations, a simple API, and advanced fraud management. It allows frictionless payments – you can use the one-tap feature to make repeat payments with a single touch. It also offers a multicurrency account, advanced reporting and analytics, and multilingual customer service.

Skrill Charges

You don’t have to pay any fees to send money to a bank account overseas with Skrill – another aspect that makes it a good payment method for international business. Opening an account is also free of charge. An account allows you to use your Skrill wallet online, receive money from a friend, unload funds, send money to an email or Skrill wallet, and use a Skrill Visa prepaid card. Your account will remain free to use as long as you make at least one transaction every 12 months. Otherwise, a $5 service fee applies.

These are some additional fees:

  • International transfers are 4.99% per transaction.
  • Withdrawal from a bank account costs $5.50.
  • The annual prepaid card fee is $10.



Open Account and Download App HERE

3 . Stripe

Stripe integrates with Shopify, Wix, and Weebly, making it a great option for e-commerce businesses. Amazon, Google, and Lyft all use Stripe in some capacity, according to the company’s website.

An initial look at the company’s offerings can be confusing, as it’s designed with developers in mind. It might take extra effort for those without a coding background to understand all of the features, but the effort could be worthwhile, as Stripe is used by businesses in more than 100 countries.

Stripe offers customer interfaces, reconciliation, reports and insights, multiple payment options, revenue optimization, payouts, third-party integrations and support, and fraud and dispute options.

Stripe Charges

There are two payment models for Stripe.

  • Integrated: This model has a fee of 2.9% plus 30 cents for every successful card charge. You also get access to a complete payments platform with pay-as-you-go pricing.
  • Customized: Stripe can create a system that works best for your business to receive payments. The price depends on how that plan is set up.


Open Account and Download App HERE

2. Payoneer

Another good option for international payments, Payoneer, makes it easy to collect payments in multiple currencies and bill clients overseas. Local currency accounts are available for businesses in the U.S., Canada, the U.K., China, Australia, Japan, and certain European nations.

Payoneer can be particularly useful for freelance workers, as they often work for international clients and can easily send those clients invoices with Payoneer. It’s also a good option for companies looking to hire overseas freelancers.

Payoneer allows single or mass payouts, as well as the ability to receive payments and withdraw funds. It has a partner network and supports integrated, third-party, and escrow payments. Payoneer also includes API support.

Payoneer Charges

To withdraw funds from your local bank account with Payoneer, you will pay up to 2% above the market rate at the time of the transaction. To withdraw funds from another bank account in the same currency, you will pay $1.50. To make payments to others who do not have a Payoneer account, you’ll pay a fee of 1% to 3% depending on the payment method (ACH, credit card, etc.).

Hope this will help you.

Open Account and Download App HERE

Top 12 Apps Like Paypal Alternatives In Nigeria | (UPDATED)

1. Interswitch Web Pay

Interswitch is an Africa-focused integrated digital payments and commerce company that facilitates the electronic circulation of money as well as the exchange of value between individuals and organizations on a timely and consistent basis. A web merchant can receive online payment from cardholders via Interswitch, Web pay, or WebPaydirect.

Furthermore, the WebPAYDirect product allows for a feature called “split,” which lets the customer specify multiple banks to receive the money collected; they also provide customers with real-time reports, while web pay allows for settlement to one bank and one account only.


Setup Fee: NGN 150,000

The commission per Transaction: For transactions below N133,333, a fee of 1.5% applies, and an N2,000 flat fee for transactions above N133,333

Accepted Currencies: Naira only

Payment Methods Accepted: Nigerian cards, Verve, MasterCard, and Visa

How To Make Payments with Interswitch(Atm) web pay:

1. You have to register as a user with us by clicking on my profile and registering on the link

2. make sure you use your bank account name to register because of withdrawal

3. Ensure you have an Interswitch debit card, Naira Master Card, or Verve card.

4. After logging in, please click on the ‘Deposits’ link at the top of the webpage and then on the ‘Interswitch’ button that you see after the new page opens.

5. Enter the amount you want to fund your account with and click ‘Next.’

6. You will be informed about the fee (if it’s defined) and the total amount to pay. Click ‘Confirm’ if you accept it.

7. In this step, you will receive your transaction ID. When you click ‘Accept,’ you’ll be redirected to the Interswitch payment gateway page.

8. On the payment gateway, select your card type and provide card details, pin, and whatever other information is required.

9. You’ll be redirected back to the loving but deposits page, where you can view the status of your transaction.


Interswitch Web Pay


Open Account and Download App HERE

Final Thoughts

Now that you know the best money transfer app for Nigeria, Ghana, and Kenya, we hope that you can start sending money with confidence.

Get more interesting information on banking. Internet Banking, Mobile Internet BankingFinancial Guide NewsMake Money OnlineHow ToTech & Opportunities.

If you have been looking for any of these issues online, TheMoneyMail has got you covered by providing this information for you.

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