Getting a virtual dollar account in Nigeria has become quiet easy unlike those very many years ago when international payment processing was a tug of war and we had just one or two verified payment processing platforms entrepreneurs could use in Nigeria but today, the case is different, we now have multiple payment processing services you can choose from.
The issue today becomes choosing the best suited payment processing platform suited for you as an entrepreneur, in today’s article, I’ll be writing on two very outstanding payment processing platforms and how you can make a better choice as an entrepreneur, without wasting much time, Lets dive in!
Flaxx Virtual Dollar Account VS Grey Dollar Account, Which Is the Better Choice for Online Transactions in 2023
Flaxx is a seamless and very easy way to open a dollar account in Nigeria. With flaxx, you can create and manage your dollar account without having to physically visit any bank branch since you get a foreign bank account that allows you to receive, send and transact in US Dollars from anywhere in the world, it is a less stressful alternative to consider. You have access to fast and easy withdrawals, instant currency conversion, and low fees on international payments.
If you’ve never heard about flaxx, it’s natural to feel very uncomfortable in deciding weather its the right option for you or not because of anything sketchy, but because of how saturated and scary banking on the online space can be.
While traditional banks provide an opportunity to get a Dollar account, they tend to come with a couple of inconveniences and high withdrawal rates. Which can be time and resource consuming. So, here are a few reasons why you should consider opening a dollar account with flaxx ;
- It’s Absolutely Free:
You don’t have to pay to open a USD account, you can do so at zero cost and very easy to use, while most traditional banks have a minimum opening balance, at flaxx you can open a Dollar account at zero cost…Once you successfully open your Dollar account, you can start receiving payments almost immediately.
You get international bank account details, including an international bank account number and routing number which makes your bank account suitable for official purposes. You enjoy low withdrawal rates, instant currency exchange and no extra cost when you make deposits to your account. They have a very fast and easy KYC verification process so you can get started with your US dollar account almost immediately.
- Easy to use:
The verification process is fast, secure and reliable and withdrawal is quite easy for any learned person to go through successfully without having to watch a handful of YouTube videos or blog post tutorial…You also get a 24/7 customer service at your beck and call whenever you need help with at flaxx…
- FREE international bank account details: You get international bank account details including an IBAN and routing number which makes your bank account suitable for official purposes.
“There are a lot of options I’ve had to use while working with foreign clients but so far flaxx has been the one that responds every single time I needed to make withdrawals fast ” this was feedback from a customer, so far, flaxx is the quickest, safest and most secure way to transact foreign currencies from any other country to Nigeria.
What You Will be Needing to open up an account with Flaxx:
- Email address
- Phone no
- National identity card
Grey is also an easy way to open and manage a US Dollar account. With Grey, you can create and use a dollar account
Since you get a foreign bank account that allows you to receive, send and transact in US Dollars, it’s one good alternative you can consider. You also have access to seamless withdrawals and instant currency conversion
So, here are a few benefits of getting a grey account. Just like Flaxx.co,
- It’s free: You don’t have to pay to open a USD account. While most traditional banks have a minimum opening balance, at Grey you can open a Dollar account for as low as $1.
- It’s instant: Once you successfully open your Dollar account, you can start receiving payments immediately.
- Enjoy low withdrawal rates and instant currency exchange whenever you need to.
- Faster and easier KYC verification process so you can get started with your USD account almost immediately.
Our recommendations are always unbiased and independent. So, we’ll love to hear your thoughts in the comments,” what form of dollar account creation would you rather prefer, The grey or flaxx virtual account?”