How To Send Money From South Africa To Nigeria Easily With Yellow Pay

Cross-border transactions are becoming more important with the high migration rates and the globalisation of the world. Today, you can request goods and services from outside your country and send money to your family and friends across the globe. 

However, despite the growth of global remittances, cross-border payment is still hectic. This is why Africans across the globe have discovered a secure way to send money: Yellow Pay.

Challenges of Cross-Border Payments in Africa and Across The Globe

Banks and payment platforms like Moneygram and Western Union are the most popular ways of sending money across African borders. However, these transactions require numerous documentation and processes and take days or weeks to complete.

At the same time, unlike local transactions, they are expensive and often involve several hidden charges that make it even more difficult to send money. These cross-border payment limitations inspired Yellow Pay, A fast, secure and cheap method to send money from South Africa to Nigeria. 

Why Yellow Pay Is The Best Alternative To Send Money From South Africa To Nigeria

Yellow Pay is a product of the Pan African Crypto exchange, Yellow Card, whose mission is to provide financial inclusion for all. Yellow Card in recognising the limitations of traditional cross-border payments, created Yellow Pay to help you easily send money across Africa. Here’s why Yellow Pay is your best alternative:

1. Cheap: Yellow Pay allows you to send money from South Africa to Nigeria without fees. The best part is that you send Rand, and the receiver automatically receives naira. No need to convert to dollars first, saving you money on conversion rate.
2. Speed: Traditional banks require you to come to the bank physically, and the process could take days just to complete documentation. At the same time, sending money is slow and could take hours to complete making it harder to send money in emergencies.
3. Accessibility and ease to use: On any internet-connected device, you can sign up and verify your accounts in minutes from the comfort of your home. Yellow Pay eradicates the stress of sending money, making it easy and accessible to send money across Africa. 

Read More: How Yellow Pay Works to Send Money Across Africa

How To Send Money From South Africa To Nigeria Using Yellow Pay 

Yellow Card helps you easily send money from South Africa to Nigeria without cross-border at no cost. Here’s how:

1. Sign up on Yellow Card and verify your account: 
2. On the homepage, select “Pay”, then click “Send.”
3. Select the country code, enter the recipient's phone number, and tap “Check phone number.” 
   If the person isn’t a Yellow Card verified user, you can invite them to open a Yellow Card account. However, you can send them the money with their phone number. 
4. Enter the amount you would like to send. You’ll see the naira equivalent the receiver will get. Select the reason for sending, then tap “Next” to continue. 
5. Review the transaction details, then “confirm” the transaction
6. That’s all! The receiver will receive a notification informing them that they’ve received the money. 
   If the person you send the money to isn't a Yellow Card customer, they receive a notification to signup and receive the money. The amount will be reverted to your account if they don’t sign up within 7 days. 

How To Receive and Withdraw Money In Nigeria Using Yellow Pay

Yellow Pay allows you to also request money from your friends and family. All you have to do is click on the “request” button, add the sender’s number, and the Sender receives a custom message allowing them to send you money instantly. 

Here’s how to receive money in Nigeria with Yellow Pay:

1. Log in on Yellow Card. Sign up on the platform if you received money but are not a Yellow Card customer.  
   NB: Sign up only with the registered number the sender used when setting up your account. Once you sign up and verify your account, you’ll see the amount reflected in your account in your local currency.
2. Withdraw to your bank account. 
   You can withdraw your naira directly to your bank account through Peer-to-peer exchange.
   - Click on Withdraw
   - Indicate the amount you wish to withdraw
   - Select the bank you would like to receive your money
   - Enter your transaction pin and click find a match
3. That’s all! You’ll see the naira reflected in your bank account almost instantly.

Remember, the money in your account is yours, and you can choose to hold it in the account or withdraw instantly at any time of your choice. 

Yellow Pay, The Cheapest Way To Send Money From South Africa To Nigeria

Sending money from South Africa to Nigeria doesn’t have to be stressful. With Yellow Pay, you can enjoy the fastest, cheapest and most secure way to send money across Africa. Yellow Card is operational in over 15+ African countries, allowing you to send money to any of these countries at no extra cost. 

Try Yellow Pay Now

Disclaimer: Yellow Pay uses Yellow Card’s crypto exchange platform to complete customer transactions in USDT. Yellow Pay is not a money remittance or foreign currency exchange service