How do you pay for goods and services outside Nigeria with the $0 transaction limit placed on international transaction on naira debit cards by the Nigerian Government?
It has become a hassle for Nigerians who shop online on foreign platforms like Aliexpress and others who pay for other services across border to make payment the restriction imposed on naira debit cards.
However, with a lot of fintech platforms redefining finance and financial services in Africa, it has become easier than ever to pay for service across the world from many places in Africa, including Nigeria.
Payday and Chipper Cash are too leading fintech platforms helping Africans with cross-border payments. Payday which offers a virtual dollar card lets you deposit money in your local currency, convert to dollar or GBP and spend globally up to a limit of $4,000 per day.
What is payday dollar to naira exchange rate like? It is worth mentioning that Payday exchange is quite more expensive to buy dollars and also cheaper to sell than the offline black market dollar to naira exchange rate.
Payday Dollar to Naira Exchange Rate Today
| Currency | BUY | SELL |
|---|---|---|
| US Dollar | ₦773 | ₦735 |
| British Pounds | ₦944 | ₦899 |
| Euro | ₦818 | ₦807 |
More Information About Payday
Payday is a Global Neobank platform which was founded in 2021 by a young Nigeria, Favour Ori. Pay is headquartered in Canada and Rwanda.
Since its inception, Payday has been helping Africans send and receive money globally. Payday
Spending limit
On Payday, you can spend a maximum of $4,000 daily and $120,000 monthly with your virtual card
Exchange rate
The exchange rate Payday is not fixed as it dependent on the prevailing market rates at the time of transaction. CorrectNG brings you a daily Payday exchange rates
Downloads, Ratings and Reviews
Payday app has been downloaded over 100,000 times on Google Playstore with an average rating 3.5 stars from over 1000 reviews.
