Home Finance 10 Best Cash App Alternatives in Nigeria

10 Best Cash App Alternatives in Nigeria

Cash App is an excellent app for receiving and sending funds, particularly dollar funds. However, it is generally only available to Nigerians who know how to successfully open and verify it.

Despite knowing the tips and tricks for opening a cash app in Nigeria, they still face stress and challenges. That is why it is critical to have cash app alternatives in Nigeria for simple and quick transactions.

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Well, you don’t need to stress yourself looking for the best cash app alternatives in Nigeria as we will give you everything you need to know about cash app and its alternatives.

This will include what is cash app, a list of cash app alternatives for Nigerians, how they work, and their benefits. So let’s get in.

What is Cash App

Cashapp is a financial app that allows users to send, receive and invest for future use. It is one of the most popular peer-to-peer payment apps in the United states and the united kingdom.

CashApp also allows users to link credit or debit cards for easy online payments. Unlike other financial apps, you can easily receive funds with the cash app with just a cast tag or contact details.

Is cash App available in Nigeria?

Generally, cash app is not available in Nigeria and many other countries. Yet, some Nigerian internet gurus are making use of it which is illegal.

Instead of using cash app illegally, why don’t you try any of the cash app alternatives below

Best cash App alternatives in Nigeria.

If you have been looking for the best cash app alternatives in Nigeria, we have compiled 10 of them for you below

1. Alat by wema

Alat is a financial app owned by Wema bank. It is one of the best and most popular apps for both Naira and dollar transactions.

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This app issues physical Naira cards and virtual dollar cards for online payments. Also, you can use it to create a domiciliary account to receive funds from abroad.

Alat is very similar and the best alternative to Cash App. If you are such a person who transacts in naira and dollars, then consider Alat app.

2. V bank

One of the top fintech apps in Nigeria is V Bank. It’s owned by VFD Microfinance bank.

V bank is not just a peer-to-peer payment app, but a digital banking system. Almost everything you can do in physical banks can be done in V bank.

Ranging from sending, receiving, and saving money. They also operate in Naira and dollar as well which makes it stands out among the cash app alternatives in Nigeria.

3. Chipper cash

Chipper cash is an African payment platform that allows some African countries to transact with one another.

Not just that, chipper cash also issue virtual dollar card that can be used for payment on almost every local and foreign platform.

You will also be issued an account number to receive funds from any chipper cash user, be it Nigerians or foreigners. Though, you will need to verify your chipper cash account with a valid ID before you can use it freely.

4. Kuda

Kuda is known as the “Bank of free” There is no doubt that kuda is one of the best online banking platforms in Nigeria.

Judging from their free account, free transactions charges, and free debit cards

Kuda is a good alternative to Cash App, but it doesn’t allow dollars or other foreign currencies. Kuda account can only be used to receive naira funds

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You can use kuda virtual or physical cards to make payments on any platform that allows naira visa cards like Facebook.

But if you are paying on platforms that don’t support naira cards, then you should use an Alat dollar card.

5. Opay

Opay is very similar to kuda bank. It is also a free online banking app with cool rates. However, opay is more than just sending and receiving.

You can request for a loan or invest in opay just like Cash App.  Just like you can’t save Naira in Cash App, you can’t save dollars in opay.

Opay is basically for Nigerians and naira transactions.

6. PayPal

Paypal is a very popular payment platform available in many countries. Although you can’t use PayPal to receive funds in Nigeria, you can only use it to send.

However, there’s a way you can use it for both, and that’s what many Nigerian Internet Marketers do.

Since Nigerian PayPal accounts are limited to sending only, you can register an account in a country where PayPal is being used freely.

For instance, if you have a friend in the US, you can easily tell him/her to help you open a PayPal account there.

However, in most cases you can’t directly withdraw from that type of PayPal account to Nigerian Banks, you will need to find PayPal funds exchange to get the funds into your local bank.

7. Web money

Many websites and apps support web money payment which makes it easy to make payments to foreigners.

Alternatively, you can also use web money to receive money from anywhere, so far the sender has a web money account.

Although, so Nigerians found it difficult to withdraw their funds from web money. However, you can find an exchanger and exchange it with naira.

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8. Payoneer

One of the best ways to receive money without issue from countries like the US is using Payoneer. Payoneer is a free and easy-to-use platform.

It’s available in almost every country. And one interesting thing is it doesn’t require much verification like most platforms.

Also, Payoneer allows you to open a virtual US bank account that can be used to receive money anywhere in the world.

You might wonder how the fund can be withdrawn. Well, Payoneer allows you to withdraw to your local bank and also gives an ATM card that can be used to withdraw at any ATM.

9. Skrill

Skrill is one of the best cash app alternatives in Nigeria. Although, it is not owned by a Nigerian, but Nigerians can use it without any issue.

skrill allows you to send and receive funds from over 200 countries. The only issue some Nigerians face with skrill is withdrawing to the local bank. If you face the same issue, you can simply find an exchanger and exchange for Naira.

10. Wise

This was formally known as TransferWise before being changed to just wise. Wise is a financial platform purposely for sending and receiving payments from the US and other countries.

Wise can be used in about 70 different countries, and this means that you can use it without any problem without any issue.


Some of the above-listed platforms can only be used for Naira transactions, while some can only be used for dollar transactions.

Yet, they are still good cash alternatives in Nigeria, especially when it comes to sending and receiving payments.

Finally, you should note that most of the above cash app alternatives require BVN and ID verification.

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