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How to Receive Payments from Abroad in Nigeria In 2024 As a Business Owner.
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As a freelancer or business owner offering online products or services, getting paid for your hard work shouldn’t be a hassle.
If you often find yourself struggling to receive payments from international clients, there’s an easier, and more straightforward approach you can take.
In this blog post, we’ll introduce you to a reliable platform called Ratefy.co, which will help you receive money from abroad in Nigeria efficiently.
Why Receiving Payments Can Be Challenging
Many freelancers and business owners in Nigeria face difficulties when it comes to receiving payments from international clients. Common methods such as PayPal, Payoneer, and Wise are widely known, but they can sometimes present verification issues or other barriers.
What if you don’t have a verified account on these platforms? Or worse, what if you don’t have an account at all?
This is where Ratefy.co comes into play. Ratefy.co acts as an intermediate support system, providing you with the necessary e-wallet account to receive payments from any platform or client abroad and then forwarding the funds to your Nigerian bank account in Naira.
Are you ready to receive a payment? Here is the process.
Here Are The Step-by-Step Guide to Receiving Payments Using Ratefy.co
Step 1: Inform Your Client
The first step is to inform your client about the e-wallet account you’ve decided to use for receiving payments. Communication is key, so make sure they understand the process.
And among the available options on Ratefy are Payoneer payment request; which allows you to request a payment from the client.
Wise direct transfer, which means the client the send the payment from their own wise account to the wise account provided to you on Ratefy.
Skrill direct transfer and Upwork contract are nother mean through which money can be accepted for you when you use Ratefy.
To know the best option for you follow the second step.
Step 2: Sign Up on Ratefy.co
Visit Ratefy.co and sign up for an account. This is a quick and straightforward process. Once registered, you will have access to various e-wallet options such as Wise, Skrill, and Payoneer.
Then you can chat with the customer support representative on the pop up chat to tell your situation and determine the best account to use.
After that, you can then inform your client or partner abroad on how the process will go.
Step 3: Get Your Payment Details
Ratefy will provide you with the necessary details for the e-wallet account you’ve chosen, and you can now share these details with your client so they can send the payment to you.
Step 4: Receive and Convert Funds
When your client sends the payment to the e-wallet account, Ratefy.co will notify you that the money has been received. You can send the receipt to the Ratefy representative if you are a little faster.
After the confirmation that your money is in, Ratefy will then convert the funds to Naira at peak market rate and transfer the money to your Nigerian bank account.
Why Choose Ratefy.co?
- Ease of Use: Ratefy.co offers a straightforward way to receive international payments without the need for a verified e-wallet account.
You don’t need to own one, you are provided one.
- Multiple Platforms Supported: Whether you prefer Wise, Skrill, or Payoneer, Ratefy.co has got you covered.
- Legitimacy: Ratefy.co is a registered business with a presence on major social media platforms, ensuring its credibility.
- Customer Support: They provide excellent customer support to guide you through the process and ensure your transactions go smoothly.
SUMMARY:
How to Receive Payments from Abroad in Nigeria — Options Supported by Ratefy.co
- Skrill: Have your clients send payments from their Skrill account to the Skrill account details provided by Ratefy.co.
- Wise: Use Wise to transfer funds from your client’s account to the Wise account details given by Ratefy.co.
- Payoneer Payment Request: Ratefy helps users request for payments and send them the rightful equivalent to their Nigeria bank account.
- Upwork Contract: Create a contract on Upwork and request payment through the platform.
Your client can pay through Upwork, and Ratefy.co will handle it and send you the payment in Naira.
Tens of thousands of people are using Ratefy and you can also join them by following these steps to receive your international payments and ensure they are quickly and securely transferred to your Nigerian bank account.
Sign up today to start receiving your hard-earned money from clients around the world.
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Ratefy | Payment & Exchange platform 2024