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Home ✔Naija HB Special 10 PayPal Alternatives for Nigerians to Receive Money from Abroad

10 PayPal Alternatives for Nigerians to Receive Money from Abroad

Are you interested in knowing the best PayPal alternatives for Nigerians to receive money from abroad? Then you’ve found your answers.

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With a good interest for Nigerians at heart, we have compiled a list of the very best alternatives to PayPal for Nigerians to receive money from abroad.

PayPal, in Nigeria, is not fully functional. There’s no provision for funds reception. You can only send money to others or make purchases online using a Nigerian PayPal account.

As a result of that, many Nigerians are always in search of other options available to receive money from anywhere without any form of limitation.

Formerly, to own a Nigerian PayPal account was completely impossible. Nigeria was not among the list of countries to choose from during sign up.

In the early parts of 2016, to the elation of every Nigerian company owner or individual in need of its services, PayPal announced that its services would be back in Nigeria.

Only for people to discover, later, that the Nigerian PayPal account has so many limitations.

That has set Nigerians on a continued quest for other alternatives to PayPal.

Getting a verified American PayPal account had been the solution for a long time, but the risks involved outwit the benefits.

You need to constantly surf the net using a VPN so that you will always appear to be in the United States, which can easily backfire when you get figured out. They may immediately put a freeze on your account, and you may end up losing your hard-earned money.

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So the best solution is to sign up with other payment companies with their services available in Nigeria and to work with companies that can pay you with PayPal alternatives in Nigeria.

If you are a freelancer or want to become one, read my other publication on the Freelance companies that pay with Payoneer and other PayPal alternatives.

Handpicked for you are the very best alternatives to PayPal you have to Perform different categories of transactions.

Ranging from funds reception from companies or foreign individuals, payment gateway processors, sales of digital products, etc,.

Best PayPal alternatives available in Nigeria for small and large funds reception.

1. Payoneer

Payoneer: get paid by companies and market places worldwide

For many years, Payoneer has been the run-to for Nigerian freelancers and online entrepreneurs. Without Payoneer, many Nigerians would find it difficult to get paid by freelance sites, run successful blogs or receive payments from foreign companies for jobs done.

It is by far the best alternative to PayPal out there for anyone who works from home.

It is accepted as a payment option by most freelance companies like Fiverr, Freelancer, Upwork, among others.

Want to create a Payoneer account? Visit My step-by-step guide on creating a Payoneer account.

How do you access your Payoneer funds in Nigeria?

Once you receive payment into your Payoneer account, you can apply for a MasterCard. With your Payoneer MasterCard, you can withdraw your money from any ATM service point worldwide. You can also have your Payoneer funds deposited directly into your bank account using bank wire transfer.

2.  Skrill

skrill can be used to receive payments instead of paypal

Formerly known as Moneybookers, Skrill is yet another very good alternative to PayPal for Nigerians. Skrill commands a good global presence, with over 37 million customers in over 200 countries, which Nigeria happens to be among.

Not just for companies. Peer-to-peer transactions are enabled in Skrill. So, as an individual, you can send money to your business partners or loved ones in Nigeria.

The fees charged for transactions are considerably small and bank transfers are done in real-time.

Money transfers are done using the recipient’s email address.

How do you access Payments made into your Skrill account?

Once you receive payment into your Skrill account, you can apply for a MasterCard card and withdraw your cash from any ATM service point worldwide.

You can also choose to receive the funds via check, or deposit them directly to your bank account.

3. Cheque

bloggers and freelancers can also receive payments by cheque

For Digital Marketers who sell affiliate products or blog owners who display Google AdSense ads on their blog site, the reception of funds using cheques has been one of the best options.

The processes involved in cashing out cheques are a bit too rigorous. You must use a valid mailing address in order to avoid unnecessary delays; You must have a valid ID card, Voter’s card or Driver’s license; Also, you must open a domiciliary bank account with your local bank where you will be able to cash out your foreign currency.

PayPal alternatives for large funds reception in Nigeria

4. Western Union

people in Nigeria can receive payment through western union in place of paypal

Recognized as the oldest money payment service providers in the world, Western Union is the best option for large funds reception.

If you are looking to send money to your loved ones or business associates in Nigeria, Western Union is one of the best options you can find out there.

The reason Western Union is most suitable for large money transfer is that: The charges are a bit high.

It remains, however, the fastest and most reliable funds’ transfer company out there.

5. Direct bank wire

direct bank wire transfer is also one of the alternatives to paypal for Nigerians

Direct bank transfer is another option for receiving large funds from most big foreign companies.

Most companies won’t go through the hassle of sending you small funds directly to your bank account.

Another let down for bank wire transfer is that it might incur extra charges during currency conversion (depending on your bank exchange rate).

payment gateway processors available in Nigeria for receiving PayPal payments from foreigners.

6.  2CheckOut

2checkout can be used to receive payments instead of paypal

2CheckOut is an online payment processor that accepts PayPal payments as well as major credit cards. 2Checkout maintains a global process and can be easily integrated into any website or blog once your business has been confirmed to be legit.

Once set up on your blog or website, you can easily accept payments from international customers using credit cards or PayPal as their payment options.

7. BlueSnaps

Whether you sell digital products or physical products on your website or blog, BlueSnaps supports payment processing for such services.

BlueSnaps is available worldwide, operating in many countries, including Nigeria. It also handles subscription billing if your customers need to renew subscription monthly or annually to your website.

Another feature of BlueSnaps is that it lets merchants offer deals and promotions at checkout.

With the level of organization and user interface you get from BlueSnaps, it is more than just a good alternative to PayPal. It is one of the best out there.

8. Click2Sell

Click2sell is yet another very good alternative to PayPal for you if you sell digital products, such as eBooks, software, etc. on your blog or website.

They combine their services with a strong affiliate program such that you can easily add their products to your blog or website if you don’t have products of your own to sell.

And you get to receive very good commissions for any sales you make.

Also, they provide you with a low-cost autoresponder service, which you can easily make use of to add or send bulk emails to customers informing them of your new products.

With Click2Sell, you are also able to receive payments from your foreign customers who use PayPal as their payment option.

How do you get paid on Click2Sell?

Getting paid using Click2Sell is really easy. You can choose to send your money directly to your bank account using direct bank wire.

If you have a Payoneer account, your Click2Sell funds can be transferred to it — which can be withdrawn in Nigeria using your Payoneer MasterCard.

Debit card payment Processors in Nigeria

9.  VoguePay

It provides buyers with a secure way to pay using their debit cards. It can be integrated easily into your blog or website as a payment gateway service provider.

10.  Interswitch WebPay

Interswitch is a proven reliable payment gateway provider for most websites or blog owners in Nigeria who want to receive payments for sales of both digital and physical products. Customers are able to make payments for the goods purchased on your blog/website using their credit/debit cards.

There are many other alternatives to PayPal. But from my research, those are the most reliable alternatives to PayPal.

Many of these companies have been around a long time, and can be used interchangeably to perform any form of transactions.

If you create an account with at least 2-3 of those companies, especially Payoneer and stripe, you can easily receive your payments from most Affiliate and Freelance companies.

The only edge PayPal has above them is that it has become a traditional name among companies.

PayPal still remains the best payment company, and will always be first option for most people who want to send you money.


  • PayPal alternatives in Nigeria for freelancers, affiliate marketers, or for individuals that are looking to receive both small and large funds: Payoneer, Skrill, and Cheque.
  • Paypal alternatives in Nigeria suitable for only large funds reception: Direct bank wire and Western Union.
  • PayPal alternatives for selling digital products to foreigners: Click2sell, BlueSnaps, 2checkout.
  • PayPal alternatives for Nigerians as a payment gateway processor to receive money locally using credit cards: VoguePay, Interswitch Webpay.

If you feel like there are any of the options that shouldn’t be among this list, or there are other alternatives to PayPal I’ve not included, kindly let me know by leaving a comment below.

Don’t forget to share with your Nigerian friends who might be looking for a means to receive money from abroad or people living abroad who want to send money to their loved ones in Nigeria.

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  1. Hi, Matt. So am I supposed to open a domiciliary account in addition to my local bank account before making payoneer withdrawals? Must the domiciliary account be in the same bank as my local account? Thanks.

    • Hi Rachael, opening a domiciliary account isn't absolutely necessary, as Payoneer can send to your regular account. However, you could lose some money unnecessarily due to the conversion rate and bank charges. So, if you want to save more money, it is advisable to open a domiciliary account. And NO. You can open a domiciliary account with any bank, not necessarily with a bank you already have an account with.

      Once you have a domiciliary account, all you have to do is add it to your Payoneer profile and wait till it's verified and approved.

      Another way to withdraw from Payoneer is through the Payoneer Debit Card. You can request for the Debit Card as soon as you have a minimum of $30 in your account.

    • If you have Payoneer funds, it’s advisable to withdraw to a domiciliary account. After which you can withdraw your cash and convert at a much better rate at banks or Bureau De Change offices. Reason is, if you decide to withdraw your Payoneer funds from ATMs in Nigeria using your Payoneer master card, most banks exchange within the rage of 350-360 naira to a dolar. But aside from that, you have to pay a fee of around 1300 naira per withdrawal.

      • Wow thank you so much Matt, you are doing an amazing job here. This is the kind of content that gets me. Keep it up and kudos to you.

  2. Thanks a lot. This review is very helpful. In my opinion, Paypal is no longer needed in Nigeria. It is nice that bluesnaps have extended their services to Nigeria. As at when I contacted them, they requested I register my business in Europe and the documentations for the process was overwhelming. It is my hope that they have simplified the process.

    Paypal restriction nonsense is really annoying as they are suspicious of Nigerians. With Alipay making in-roads into Africa, Paypal will be the greatest losers of all.

  3. as for me I play online games, and the only way to get my money is trough PayPal account, and I don’t have it. so my question is if I open a payoneer account, will they provide me a PayPal information that will fill that space? and they will receive the money and later transfer it to my payoneer account? please I need answer.

    • Hi Efe, unfortunately PayPal doesn’t allow Nigerians to receive money at all. My advice is register with only companies that payout with Payoneer, Skrill or any other option aside from PayPal. Alternatively, if you have a close relative living in another country, you can get them to open a PayPal account and send your payments to them so that they can in return send to you. That’s the only way I see around this.

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