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What are some of the benefits of using payoneer alternatives
1. Some of the benefits of using payoneer alternatives are that they are fast, convenient, and secure.
2. Payoneer alternatives are sometimes cheaper than traditional payment methods.
3. They offer a variety of payment options, which can be useful if you want to pay in different currencies or if you have different banking needs.
4. They offer a wide range of payment methods, so you can choose the one that is best for you.
5. They offer a variety of payment processing options, so you can choose the one that is best for your business.
What are some of the best payoneer alternatives?
Grey Payoneer Alternatives
What is Grey?
Grey is a platform that provides digital foreign accounts for Africans, which allow individuals/businesses to receive money from abroad instantly with virtual IBANs and virtual account details. We allow retail FX buyers and sellers to swap currencies and receive payments immediately at the best rates you can find.
Grey provide a digital wallet system that safely allows you to top up your wallet in multiple currencies.
Grey is highly secured and safe, and our platform is user-friendly and easy to use.
We take away the stress; by relieving you of the hassles associated with cross-border payments and foreign exchange. Make foreign exchanges, send and receive cross-border on the go and from the comfort of your home with zero hidden charges.
Here’s a step by step guide to creating your Grey account.
Log on to grey.co
Click on sign up( You’ll be redirected to the sign up page)
Complete the form on the sign up page: fill in your first name, last name, phone number. email address and password. (Ensure to use a strong password)
Click on “Create your account”
How to Create a Grey Virtual Account
Here’s a step by step guide to creating virtual accounts;
On the homepage, scroll down a bit and click on “Get your IBAN”
You’ll be redirected to the Virtual account page.
Select the currency you would like to create a virtual account for.
NOTE: Virtual accounts are only available for US Dollars,(USD), British pounds (GBP) and EURO (EUR) for now. More currencies would be supported soon.
You’ll be redirected to the register page, fill in the correct details and upload the documents required then click on “Finish”.
NOTE: Ensure to fill in a clear line of business/occupation else your request would be declined.(Business, Self-employed… e.t.c are all ambiguous)
Documents supported are Driver’s license, International passport, and National ID Card/NIN slip.
Utility bill could take the form of a tenancy agreement, delivery receipt in your name to the address, bank statement, NEPA bill etc. Your utility bill should be within 3 months else your request would be declined
Your virtual account is being created and you would be notified via email once the process is completed. Click on “Finish” or “Go back” to return to the balance page.
Cheers!!! You have successfully requested a virtual account.
NOTE: Virtual accounts are usually approved between 3-7 business days, you’ll be notified via email once your account request is reviewed or if further information is required.
Ensure to provide valid and accurate details to avoid delays.
We do not support receiving payments for CRYPTOCURRENCY, P2P, BETTING, and FOREX TRADING purpose.