{"id":9415,"date":"2022-02-14T02:31:55","date_gmt":"2022-02-14T02:31:55","guid":{"rendered":"https:\/\/pishondesigns.org\/Dbase\/?p=9415"},"modified":"2025-06-04T06:42:39","modified_gmt":"2025-06-04T06:42:39","slug":"receive-international-payments-nigeria","status":"publish","type":"post","link":"https:\/\/pishondesigns.org\/Dbase\/receive-international-payments-nigeria\/","title":{"rendered":"4 Ways to Receive International Payments in Nigeria in 2022"},"content":{"rendered":"

Being a Nigerian living in Nigeria is an extreme sport – especially if you have a business that requires you to receive international payments, and live in a country that is determined to make it difficult. This guide may help.<\/span><\/p>\n

Why do we need ways to receive international payments?<\/h2>\n

In December 2020, the Central Bank of Nigeria introduced a new set of regulations that affected the way money transfers could be paid out in Nigeria, meaning that they could no longer be paid out in Naira, only in US dollars. Consequently, anyone hoping to receive money via bank transfer from abroad would require a US dollar bank account in Nigeria.<\/p>\n

This can be frustrating if you’re new and\u00a0if you have a business that requires you to receive international payments.<\/p>\n

<\/p>\n

1. Payoneer<\/h2>\n

\"receive<\/p>\n

Payoneer still remains the one and only means I love in order to send and receive payments from Nigeria. Payoneer is a financial business platform that provides online money transfer and payment services. It does exactly what Paypal does but without the hassle of Paypal, and thus anyone can receive US Dollars with Payoneer.<\/p>\n

They even give you a USD Mastercard you can use.<\/strong><\/p>\n

How to Register for a Payoneer Account?<\/h3>\n

Here are the steps you need to apply for a Payoneer Mastercard\/account in Nigeria.<\/p>\n

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  1. Click this link to set up your payoneer account.<\/span><\/a><\/li>\n
  2. Fill in your full name, address and other details.<\/li>\n
  3. Set password, Secret Question and Answer and select your ID type e.g driver\u2019s license, National I.D card, etc.<\/li>\n
  4. Enter alternate address if it\u2019s different from the address you provided earlier. The Payoneer Debit Card will be shipped to the same address so make it as clear as possible.<\/li>\n
  5. Click Order.<\/li>\n<\/ol>\n

    It takes about few days for the application to be confirmed and approved after which the Payoneer Mastercard would be packaged and dispatched to your location in Nigeria. You should receive an email once approved.<\/p>\n

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