🇳🇬NGN
Bank Transfer vs Mobile Money vs USDT in Nigeria
Compare payment channels in Nigeria. See how much you receive via bank, mobile money, cash, or USDT P2P for every sale.
| Channel | Type | Commission | Settlement | Risk |
|---|---|---|---|---|
| Cash (USD) | cash | 0% | Instant | Medium |
| Bank Transfer | bank | 0-1% | Minutes to hours | Low |
| Mobile Money | mobile | 1-2% | Instant | Low |
| USDT P2P | crypto | 0.5-2% | 5-30 min | Medium |
Why your payment channel affects your margin
Each channel has a different implicit rate. Accepting payment through a high-commission or unfavorable-rate channel can eliminate your margin entirely, even if your selling price looks right on paper.
The difference between the best and worst channel can be 10-30% of your margin. Before each sale, compare how much you would actually receive through each channel.
Live Exchange Rates
How much each currency is worth in Naira today
Reference rates, not transactional. Parallel and free market rates may differ.