For many African freelancers, iPayees has been a bridge between global marketplaces (like Upwork) and local bank accounts. But is it still the best option in 2024/2025?
2/ But here's the hidden cost: On a $500 payment, you could lose up to $50 to fees + bad exchange rates. That's 10%!
iPayees: Lifesaver or Money Drain? 🧵
3/ Before you click "withdraw," compare the rate with Google's mid-market rate. If the difference is >3%, you're overpaying.
Just a reminder: Always check the exchange rate before withdrawing. iPayees rates can be 50-100 naira (or cedis) lower than the official rate. ipayees
Here’s a quick breakdown:
4/ Bottom line: Use iPayees for small, urgent payments. For large sums, find a cheaper alternative. For many African freelancers, iPayees has been a
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