Wise business accounts are available across some but not all African regions. Take a look at which Wise alternatives fit your global business’s requirements the most
Key takeaways
- Wise is a global payments provider that offers send-only personal accounts in Nigeria, Morocco, Ghana and Kenya and send-only Wise Business accounts in Kenya
- For Wise Business, international transfer fees in Kenya start at 0.93%, while personal transfer fees start at 0.29%
- Wise alternatives in Africa include WorldFirst, Raenest, Chipper Cash, nSave, Eversend, PayPal and Remitly, with features and availability varying by market
- WorldFirst offers the World Account, with local account details in 15+ currencies to send, receive, hold and convert multiple currencies across borders
Wise is an international payments provider for sending money overseas and converting between 24 currencies.1,2 In Africa, personal accounts are available in Nigeria, Morocco, Ghana and Kenya, while Wise Business is currently available in Kenya.1,3 Also, all Wise accounts are send-only in these markets, and virtual cards are not available.1
Wise Business fees in Kenya start from 0.93%, while personal transfer fees start from 0.29%, depending on the currency and transaction.4,5 This Wise alternatives guide covers other providers offering receiving accounts, multi-currency and virtual card features, and more. The guide also explores WorldFirst’s World Account, a multi-currency account for businesses wanting to transfer multiple currencies globally.
Top alternatives to Wise in Africa
1. WorldFirst
WorldFirst is an international payments provider offering the World Account, a multi-currency account for businesses. Businesses can set up local account details in 15+ currencies, including USD, EUR, GBP, CNH, AUD and NZD, and receive payments directly into these accounts. The funds can then be held, converted or used to make further international payments.
Businesses in Nigeria, Morocco, Kenya and Ghana can collect payments from 130+ marketplaces and payment gateways and send payments in 100+ currencies across 200+ countries and regions. For businesses sourcing from China, World Pay is the authorised international payment provider for 1688.com, enabling payments to Chinese suppliers in CNH.
The World Account also connects with the World Card, a Mastercard-powered virtual payment card supporting payments in 150+ currencies. Businesses can issue up to 20 virtual multi-currency cards at no additional cost, with no fees when paying in any of the 15 supported currencies where sufficient balance is available. Xero and NetSuite integrations are also available for transaction management and reconciliation.
Main fees
| Fee type |
WorldFirst |
| Monthly fee |
Zero |
| Account opening |
Zero |
| Receiving payments |
Zero |
| Holding multiple currencies |
Zero |
| Transfers between World Accounts |
Zero |
| Sending payments |
Refer to in-portal pricing. Vouchers may apply |
| Currency conversion |
Refer to in-portal pricing. Vouchers may apply |
| World Card |
Zero for up to 20 cards |
*Fees checked in August 2026. Terms and Conditions Apply
2. Geegpay (Raenest)
Geegpay, now known as Raenest, provides business accounts with USD, GBP, EUR and NGN account details for receiving international payments, holding balances, converting currencies and sending funds to 70+ countries.6 Each transaction comes at a cost starting at US$1 (except transfers to Nigeria with cost zero) and varies by currency.7,8 It also offers invoices, payment links, accounting integrations and virtual USD business cards with team controls.6 Business accounts are available in Nigeria, Kenya and Ghana.8,9,10
Pricing: Virtual card creation costs US$3, with US$0.70 per successful transaction.11 Transfer and receiving costs vary by currency, both starting from US$17,8
*Fees checked in August 2026
3. Chipper Cash
Chipper Cash provides personal and business accounts in Nigeria and Ghana.12,13 Personal accounts support sending payments, while business accounts add receiving functionality, higher transaction limits and priority support.12,13 Users can access USD virtual accounts for receiving USD payments and USD virtual cards (carrying a fee starting from US$1) for online payments.14,15 The USD virtual account also carries monthly charges starting at US$1.50.14
→ Read more on this Chipper Cash review and compare Chipper Cash alternatives
Pricing: Business accounts have zero account fees.16 USD virtual accounts cost NGN 5,000/GHS 60 to open14
*Fees checked in August 2026
4. nSave
nSave offers personal and business accounts, with business accounts available in Nigeria, Morocco and Kenya.17,18Businesses can receive, hold, convert and send USD, GBP and EUR through local account details.17 USD accounts support ACH and wire payments, GBP accounts use sort code and account numbers, and EUR accounts use IBAN details.17 nSave also provides a virtual Mastercard for online payments and subscriptions.19 But, users must note that Nigerian customers cannot receive incoming funds in their GBP accounts currently.20
Pricing: Business setup costs US$15 once. USD/EUR SWIFT transfers cost 0.3%, while GBP payments cost US$1 per transaction21
*Fees checked in August 2026
5. Eversend
Eversend provides personal and business accounts in Nigeria, Kenya and Ghana, with its business account supporting 16 currencies, including USD, EUR and GBP.22,23,24 Businesses can receive, hold, convert and send funds, use virtual USD/EUR/GBP account details and issue USD virtual cards with team controls.23 The platform also supports local collections and international payouts.23 But, a few costs are worth noting: virtual cards cost US$0.99 monthly or US$2.99 once, while international card transactions can cost 3.5% + US$0.50.25 Currency conversion charges also range from 0.9%–1.5%.23
→ Read this head-to-head comparison between Chipper Cash vs Eversend
Pricing: Account creation currently costs US$2. Transfers are charged at 0.7%26
*Fees checked in August 2026
6. PayPal
PayPal enables individuals and businesses to make and accept international payments, with online payment and checkout tools available in supported markets.27 Business accounts are available in Morocco and Kenya for receiving online payments, while Nigeria supports personal foreign currency accounts for sending payments only.27,28,29 PayPal also does not offer business cards in these markets.
Pricing: There is Zero monthly or account-opening fee.30 Receiving payments costs 4.40% plus a fixed transaction fee, while currency conversion costs 4%30
→ Read more on this PayPal review and compare PayPal alternatives
*Fees checked in August 2026
7. Remitly
Remitly is an international money transfer service.31 It does not offer personal or business accounts, multi-currency balances or virtual cards. Its payment service allows businesses to receive money from clients, contractors, suppliers and partners in Nigeria, Kenya, Ghana and Morocco.32,33,34,35 Depending on the market, funds can be received through bank deposits, cash pickup or mobile money.32,33,34,35
Pricing: No monthly or setup fee; transfer pricing varies by transaction and destination36
*Fees checked in August 2026
Choose a Wise alternative that suits your business
Wise offers send-only accounts for international transfers in these African markets, with Wise Business currently available only in Kenya. You can also go through this Wise review to know more. Country availability, account type (personal vs. business), supported currencies, receiving and sending capabilities, card access and fee structure all differ across providers. These are the key factors to weigh when comparing Wise alternatives in Africa.
FAQs
1. Which providers offer receiving capabilities?
WorldFirst, Raenest, Chipper Cash, nSave, Eversend and PayPal offer receiving functionality in selected African markets. Remitly supports receiving payments but is not a multi-currency account provider.
2. Does Wise offer cards in Africa?
No. Virtual cards are not currently available through Wise in Nigeria, Morocco, Kenya or Ghana.
3. Is Wise Business available in Nigeria, Morocco or Ghana?
No. Wise Business is currently available in Kenya, while personal accounts are available in all four markets.
Sources
SOURCES
- https://wise.com/ke/availability/
- https://wise.com
- https://wise.com/ke/business/
- https://wise.com/ke/pricing/business
- https://wise.com/ng/pricing/
- https://www.raenest.com/business/home
- https://help.raenest.com/en/articles/6382330-bank-accounts-deposit-charges-on-raenest
- https://help.raenest.com/en/articles/16163894-ghana-fees-for-sending-receiving-money
- https://help.raenest.com/en/articles/16170422-kenya-fees-for-receiving-sending-money
- https://help.raenest.com/en/articles/16163732-nigeria-fees-for-sending-receiving-money
- https://help.raenest.com/en/articles/6391318-usd-virtual-card-charges-on-raenest
- https://www.chippercash.com
- https://business.chippercash.com
- https://support.chippercash.com/en/articles/8415928-africa-usd-virtual-account-faqs
- https://support.chippercash.com/en/articles/5194944-how-to-claim-your-chipper-card
- https://support.chippercash.com/en/articles/5698220-business-account-documents-faqs
- https://www.nsave.com/business
- https://www.nsave.com
- https://www.nsave.com/cards
- https://intercom.help/nsave_help_center/en/articles/13572268-gbp-accounts-on-nsave-what-you-can-and-can-t-do
- https://www.nsave.com/pricing
- https://eversend.co
- https://eversend.co/business
- https://help.eversend.co/en/articles/4349091-what-can-i-do-on-eversend
- https://help.eversend.co/en/articles/8185032-eversend-virtual-card-fees
- https://help.eversend.co/en/articles/12059261-how-to-create-a-eur-usd-gbp-virtual-account
- https://www.paypal.com/ma/business
- https://www.paypal.com/ke/business
- https://www.paypal.com/ng/home
- https://www.paypal.com/ma/business/paypal-business-fees
- https://www.remitly.com
- https://www.remitly.com/us/en/help/article/how-to-send-a-transfer-to-nigeria
- https://www.remitly.com/us/en/help/article/receiving-money-kenya
- https://www.remitly.com/us/en/help/article/receiving-money-morocco
- https://www.remitly.com/us/en/help/article/how-to-send-a-transfer-to-ghana
- https://www.remitly.com/us/en/landing/business
This article is intended for informational purposes only and does not constitute legal advice or professional advice. This article should not be regarded as constituting an offer or a solicitation to buy or sell any regulated or financial products or services. WorldFirst makes no representations or warranties regarding the accuracy, completeness, or applicability of the content, and readers are encouraged to consult with legal professionals or other professionals for advice tailored to their specific situation. WorldFirst does not guarantee the accuracy and completeness of this article and expressly disclaims any and all liability to any person in respect of the consequences of anything done or omitted to be done wholly or partly in reliance on this article.
