Raiz Finance

Global Business

How to Receive Payments from African Buyers

Fatima B.·Last updated ·5 min read

African buyers want to pay in naira, cedis, or shillings, while you need USD, EUR, or GBP for your operations. Bridging that gap is where many exporters lose deals.

Raiz lets you issue invoices African buyers can pay locally while you settle in the currency you prefer, without running separate collections in every market.

The collections problem for exporters

Opening accounts in every buyer country is slow and expensive. PayPal and card rails often exclude African payers or charge painful fees on both sides.

How local-currency invoicing works

Send your buyer an invoice in their local currency. They pay via bank transfer or mobile money; you receive USD, EUR, or GBP, or hold a named international account for the next supplier payment.

Getting started on Raiz Business

Create a Business account, complete verification, and enable collect-from-Africa on your dashboard. Most exporters are live within one business day.

Ready to Collect from African Buyers?

Issue invoices in local currency and settle in USD, EUR, or GBP.

Get Started →

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Fatima B.

Fatima writes about cross-border payment rails and treasury for African businesses.

View all articles by Fatima