Africa's freelance economy is booming, with millions of professionals working remotely for international clients. It is, in fact, one of the fastest-growing regions for freelancers.

While PayPal and Payoneer are common payment solutions, several alternatives offer faster payments, lower fees, and more flexibility for international transactions.

Here, we’ll go through the best PayPal and Payoneer alternatives and why Grey is the top choice for African freelancers looking for seamless international payments.

*Also read: How South African freelancers can receive payments from the US, UK & EU clients

Why African freelancers need online payment solutions

• Global transactions: Many freelancers work with clients in the US, UK and Europe, thus requiring platforms that support multiple currencies and international payments.
• Lower fees: Traditional banks and some online platforms charge high withdrawal and conversion fees, significantly reducing earnings.
• Faster access to funds: Delays in processing payments can disrupt cash flow, making fast transactions essential.
• Reliable security: A trusted platform ensures freelancers receive payments securely without unnecessary account freezes.
• Secure transactions: Freelancers need reliable payment platforms that minimize the risk of account freezes and fraud.

Also read: How freelancers in Nigeria can receive payments from US, UK & EU clients

Top PayPal and Payoneer alternatives for African freelancers

If you're looking for a more efficient way to receive international payments, here are some of the best alternatives:

• Grey (Best for African freelancers): Offers virtual USD, GBP, and EUR accounts to receive payments seamlessly, with low transaction fees and competitive exchange rates.
• Wise (formerly TransferWise): Ideal for freelancers needing multi-currency accounts.
• Chipper: A digital wallet allowing international transactions and remittances across African countries.
• Skrill: A good PayPal alternative with faster international payments and lower transaction costs.

Why Grey is the best choice for African freelancers

• Virtual multi-currency accounts: Receive payments in USD, GBP, and EUR directly from international clients.
• Low fees: Keep more of your earnings with Grey’s transparent pricing.
• Fast transactions: Get paid in minutes without long processing delays.
• Easy currency conversion: Convert funds at real-time rates without hidden fees.
• Seamless withdrawals: Transfer money to local African bank accounts effortlessly.

How African freelancers can receive payments with Grey

1. Create a Grey account

Register on the Grey website or download the mobile app to get started.

2. Complete identity verification

This process involves submitting a valid ID, proof of address, and a selfie for security verification. Grey ensures a quick and seamless verification process.

Also read: Top reasons your KYC verification is failing and how to fix them

3. Request your foreign bank accounts

Once verified, navigate to the ‘Accounts’ section to generate your US, UK, or EU bank account for receiving international payments. Your account details will be available instantly.

4. Link your account to freelancing platforms or share your details with clients

Once you’ve set up your foreign bank account, you can easily share your details with clients or add them to freelancing platforms to receive payments directly.

Also read: PayPal and Payoneer alternatives for freelancers in Asia: What to use instead

For freelancers in Africa, Grey is the best way to receive international payments quickly and affordably.
Create your Grey account today or download the app to enjoy inclusive global banking, designed to carry your dreams across borders.

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