Explore Chipper Cash alternatives that align with your globe business needs and regional availability
Key takeaways
- Chipper Cash offers USD virtual accounts and cards for cross-border payments, but business accounts are limited to Nigeria and Ghana only
- WorldFirst provides a multi-currency business account with local receiving details in 15+ currencies. You can also send and receive payments in 100+ currencies
- Eversend provides multi-currency accounts, API access, and virtual cards, but card usage comes with monthly or per-card fees
- Remitly, Sendwave and WorldRemit support cross-border transfers but do not offer accounts, cards, or multi-currency features
Chipper Cash is an international payments provider that enables cross-border transfers across 21+ African countries.1 It provides USD virtual accounts5 and USD virtual cards for global spending, though its card usage comes with issuance and maintenance fees starting from US$1.3 Personal accounts are limited to sending payments only, while business accounts can send and receive funds.1,4
Business accounts also come with higher transaction limits and dedicated support and are only available in Nigeria and Ghana.2,4
In this blog, we compare 8 Chipper Cash alternatives for businesses in Nigeria, Kenya, Ghana, and Morocco.
1. WorldFirst
WorldFirst is a global payments provider designed specifically for global businesses expanding globally at a fast pace. Through its World Account, businesses can open local currency accounts in 15+ currencies, including USD, EUR, GBP, CNH, AUD, and NZD.
Businesses can also collect payments from 130+ global marketplaces and payment gateways, pay suppliers internationally, and issue virtual Mastercard cards linked directly to account balances. The World Account is also linked to the World Card which lets you spend from your existing currency balances and make card payments in over 150+ currencies.
There are no charges for setting up a World Account or receiving payments through it.
| Key features |
- Open local bank account details in 15+ currencies, including USD, GBP, EUR, CNH, AUD and NZD
- Collect payments from 130+ global marketplaces and payment gateways, including Amazon, Etsy and Stripe
- Send and receive payments in 100+ currencies across 200+ countries and regions
- Free and instant payments between World Account holders
- Use Xero or NetSuite integration to reconcile transactions
|
| Main fees |
Monthly fee: Zero
Opening virtual local currency accounts: Zero
Receiving payments: Zero
Holding funds in multiple currencies: Zero
Sending payments: Refer to in-portal pricing. Vouchers may apply
Currency conversion: Refer to in-portal pricing. Vouchers may apply
Getting a World Card: Zero upto 20 cards |
2. Grey
Grey is a cross-border payments provider offering personal and business accounts with USD virtual account details.6,7 Personal accounts support receiving international payments, currency exchange, sending money, and global spending through a virtual card.7 Business accounts include USD account details, bulk payouts to 170+ countries, team spending controls, and API access to automate cross-border payments.6
Business accounts are available in Nigeria6, while users in Kenya, Ghana, and Morocco have access to personal accounts only.10,11,12
→ Read our full Grey review
Pricing: No monthly fee.6 Receiving payments through ACH, SEPA, and FPS typically incurs a fee of 0.8%8
3. Sendwave
Sendwave focuses on international money transfers and does not offer personal or business accounts in any of the markets.13 Instead, users can only receive funds through mobile wallets, bank accounts or cash pickups.13
Additionally, all transfers are automatically converted in the recipient’s local currency, meaning businesses cannot choose when to convert funds or hold foreign currency balances.15
Pricing: Depends on the region and currency of the transfer
4. Eversend
Eversend is a cross-border payments provider offering USD and EUR virtual accounts along with USD virtual cards.18,21 Personal accounts support sending and receiving international payments, holding funds, currency exchange, and global spending via virtual debit cards.18 Business accounts include the same features plus API access for automating payment workflows.19
The platform is available for both personal and business users in Nigeria, Kenya, and Ghana.20 Virtual cards are chargeable, with either a $1 monthly maintenance fee or a one-time $3 fee per card.21
Pricing22: Account creation currently costs $2. Transfers are charged at 0.7%
5. Remitly
Remitly is a cross-border money transfer service provider, and it does not offer personal or business accounts.23 It facilitates international transfers for personal use as well as business payments from clients, contractors, suppliers, and partners.23
In Nigeria, Kenya, Ghana, and Morocco, Remitly business payments are supported, but funds can only be received through bank deposits, cash pickup, or mobile money depending on the country.24,25,26,27 It does not provide multi-currency accounts, balance holding, or additional business tools such as virtual cards or advanced payment management features.
Pricing: No monthly/set up fee23
6. WorldRemit
WorldRemit is another international money transfer service provider that does not offer personal or business accounts.28 It enables users to receive international transfers across Nigeria, Kenya, Ghana, and Morocco through different payout methods depending on the country.29,30,31,32
In Nigeria, Kenya, and Ghana, funds can be received directly into bank accounts, while in Morocco, transfers are limited to mobile money.29,30,31,32
Pricing: Not specified
7. PayPal
PayPal is a global payments provider that supports international money transfers and online checkout integrations for individuals and businesses across 200+ countries and 25+ currencies.33 Personal accounts are limited to sending payments, while business accounts enable both sending and receiving funds, along with tools for sales tracking, invoicing, and reporting.34,36
In Nigeria, only personal accounts are available, whereas Kenya and Morocco support business accounts.34,25,26 Across these markets, PayPal does not provide business cards.
→ Read our full PayPal review and compare PayPal alternatives
Pricing: No monthly fee.34 Businesses receiving payments typically pay 4.40% plus a fixed fee per transaction37
8.Payoneer
Payoneer is a global payment provider used by businesses to receive and send money overseas. Businesses can collect payments from overseas clients and receive payouts from supported marketplaces through a single platform. Features such as cards, balances, and account functionality may vary depending on the country.
Pricing: No monthly fee. Additional transaction, withdrawal, payment, and currency conversion fees may apply
→ Read our full Payoneer review and compare Payoneer alternatives
Choose the right Chipper Cash alternative
Chipper Cash can be a useful option for businesses operating in Nigeria and Ghana, particularly those looking for local payment capabilities and access to USD virtual accounts. However, businesses expanding into Kenya, Morocco, or international markets may require additional functionality such as multi-currency accounts, local receiving account details, virtual cards, or marketplace integrations.
The right alternative depends on your business requirements and operating markets. Before making a decision, compare regional availability, currency support, card functionality, and international payment capabilities carefully.
FAQ
Is Chipper Cash available for business use in Africa?
Yes. Chipper Cash currently offers business accounts in Nigeria and Ghana.1 Businesses in Kenya and Morocco cannot currently access Chipper Cash Business.
What are the fees for sending money through Chipper Cash?
The fee for sending money through Chipper Cash is not clearly specified.
How do Chipper Cash alternatives compare for cross-border business payments?
The main differences relate to business account availability, supported countries, currency functionality, virtual cards, and international payment collection capabilities. Some providers focus only on transfers, while others offer business or foreign currency accounts.
Which Chipper Cash alternatives offer a multi-currency account?
Among the providers covered in this comparison, WorldFirst offers a multi-currency business account that allows businesses to receive, hold, convert, and send funds in more than 15 currencies. Businesses can also access local account details and virtual Mastercard cards through the platform.
Sources
- https://www.chippercash.com
- https://support.chippercash.com/en/articles/5698220-business-account-documents-faqs?q=1688
- https://support.chippercash.com/en/articles/5194944-how-to-claim-your-chipper-card
- https://business.chippercash.com
- https://support.chippercash.com/en/articles/8415928-africa-usd-virtual-account-faqs
- https://grey.co/business
- https://grey.co
- https://support.grey.co/en/articles/10265140-faq-new-pricing-update
- https://support.grey.co/en/articles/9819043-full-virtual-card-transaction-limit
- https://grey.co/en-ke
- https://grey.co/en-gh
- https://grey.co/en-ma
- https://www.sendwave.com/en
- https://www.sendwave.com/en/support?to=ng
- https://www.sendwave.com/en/support?to=ma
- https://www.sendwave.com/en/support?to=ke
- https://www.sendwave.com/en/support?to=gh
- 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.remitly.com/us/en/landing/business
- 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.worldremit.com/en
- https://www.worldremit.com/en/nigeria/bank-transfer
- https://www.worldremit.com/en/kenya/bank-transfer
- https://www.worldremit.com/en/ghana/bank-transfer
- https://www.worldremit.com/en/morocco/faq/mobile-money
- https://www.paypal.com/in/webapps/mpp/country-worldwide
- 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
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.
