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Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? - Jobs/Vacancies - Nairaland

Nairaland ForumNairaland GeneralJobs/VacanciesGeegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? (13769 Views)

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Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by ikorodureporta(op): 9:33pm On Jun 17, 2024
Which is the best??
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by Fisfrank(m): 8:38am On Jun 18, 2024
Payonner
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by GreaterFuture(m): 6:29pm On Jun 22, 2024
Also want to know?
Also which is better for Pounds and Euros? That is Receiving Pounds and €... Smoother faster, no hiccups or likelihood of problems
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by IMAliyu2: 1:08am On Jul 28, 2024
I have all of them, I withdraw from my payoneer to my Grey account and exchange to Naira, I have not used geegpay so far.

I have not used my geegpay account because of the deposit fee, which is a 0.9% minimum of $1.5 & max $30 which I don't want to give them.
However if you deal in large amounts of money, geegpay will be cheaper.

Grey on the other hand has a flat deposit fee of 1%. Which comes out to a few cents for the amounts I make.

In regards to the type of US bank account they use, Geegpay is superior. Geegpay US bank account is WellsFargo bank,
Grey uses a community Bank.

In terms of conversation fees Geegpay doesn't have conversation fees, but Grey charges another 1% for conversion to Naira.

Overall you can have both then choose which one is more convenient for you.

Payoneer is an annoying one, if you can avoid them then do so, unless the platform only works with payoneer.
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by geodemainguy(m): 6:59am On Jul 28, 2024
Grey is fast and reliable when it comes to receiving and sending funds. Also, the exchange rate on Grey is higher compared to others.

However, I prefer using GeePay for running my ads on Amazon KDP. While, Grey is for payment.
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by mikeayus(m): 3:33pm On Aug 11, 2024
IMAliyu2:
I have all of them, I withdraw from my payoneer to my Grey account and exchange to Naira, I have not used geegpay so far.

I have not used my geegpay account because of the deposit fee, which is a 0.9% minimum of $1.5 & max $30 which I don't want to give them.
However if you deal in large amounts of money, geegpay will be cheaper.

Grey on the other hand has a flat deposit fee of 1%. Which comes out to a few cents for the amounts I make.

In regards to the type of US bank account they use, Geegpay is superior. Geegpay US bank account is WellsFargo bank,
Grey uses a community Bank.

In terms of conversation fees Geegpay doesn't have conversation fees, but Grey charges another 1% for conversion to Naira.

Overall you can have both then choose which one is more convenient for you.

Payoneer is an annoying one, if you can avoid them then do so, unless the platform only works with payoneer.
Great Post...please can I transfer from geegpay and grey.co to my gtbank dorm account?
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by IMAliyu2: 10:37am On Aug 18, 2024
mikeayus:
Great Post...please can I transfer from geegpay and grey.co to my gtbank dorm account?
No, CBN had them disabled the ability to transfer.
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by mikeayus(m): 12:23pm On Aug 18, 2024
IMAliyu2:
No, CBN had them disabled the ability to transfer.
Okay, thanks....Hopefully I can transfer from my Gtb Dorm to Grey for instance and convert to Naira using Grey's rate...Do you know if this would work?
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by IMAliyu2: 7:38pm On Aug 19, 2024
mikeayus:
Okay, thanks....Hopefully I can transfer from my Gtb Dorm to Grey for instance and convert to Naira using Grey's rate...Do you know if this would work?
unfortunately that wouldn't work too.
Best case scenario your bank has decent rates and you converted directly on their app.
Or you withdraw cash and sell to Black market.

CBN has been tightening and limiting avenues of potential arbitraging.
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by chinli(m): 3:02pm On Sep 23, 2024
Which one gives black market rate?
IMAliyu2:
I have all of them, I withdraw from my payoneer to my Grey account and exchange to Naira, I have not used geegpay so far.

I have not used my geegpay account because of the deposit fee, which is a 0.9% minimum of $1.5 & max $30 which I don't want to give them.
However if you deal in large amounts of money, geegpay will be cheaper.

Grey on the other hand has a flat deposit fee of 1%. Which comes out to a few cents for the amounts I make.

In regards to the type of US bank account they use, Geegpay is superior. Geegpay US bank account is WellsFargo bank,
Grey uses a community Bank.

In terms of conversation fees Geegpay doesn't have conversation fees, but Grey charges another 1% for conversion to Naira.

Overall you can have both then choose which one is more convenient for you.

Payoneer is an annoying one, if you can avoid them then do so, unless the platform only works with payoneer.
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by IMAliyu2: 7:27pm On Oct 07, 2024
chinli:
Which one gives black market rate?
Best rates are from grey
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by IMAliyu2: 1:16pm On Jan 02, 2025
Update, grey has made a change to their fees and now has the worst fees for small withdrawals.

I've already tested geegpay, it works fine, therefore I'm migrating to it as my main account for now.

Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by BeforeJuly: 10:43pm On Jan 03, 2025
IMAliyu2:
Update, grey has made a change to their fees and now has the worst fees for small withdrawals.

I've already tested geegpay, it works fine, therefore I'm migrating to it as my main account for now.
Do you have an idea what the pounds deposit fee on geepay is?
Trying to leave grey too.
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by lacasera14(m): 12:24am On Jan 04, 2025
Pls which one is best for Amazonkdp Payooner wants to kill me. Almost $40 yearly for using payooner.
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by IMAliyu2: 12:43am On Jan 04, 2025
BeforeJuly:
Do you have an idea what the pounds deposit fee on geepay is?
Trying to leave grey too.
I think its a flat £1.5 for amounts below £215 or 0.7% for more than that.

I couldn't find any info on any other fees outside of that.
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by IMAliyu2: 12:48am On Jan 04, 2025
I saw a lot of people complaining on twitter, as grey just dropped this change of fees out of nowhere on them.

Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by IMAliyu2: 1:01am On Jan 04, 2025
lacasera14:
Pls which one is best for Amazonkdp Payooner wants to kill me. Almost $40 yearly for using payooner.
Payoneer are known bastereds, but the only option for my Patreon withdrawals have to go through them.

Not many options out here.
But the best rn is Geegpay (assuming they don't change their fees like grey)
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by BeforeJuly: 1:20pm On Jan 04, 2025
IMAliyu2:
I saw a lot of people complaining on twitter, as grey just dropped this change of fees out of nowhere on them.
Bro it's crazy. Here they took £2 out of the £9. I was so confused at first.

I'm just lucky the sender sent it through FPS.

Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by Danempaco(m): 9:13pm On Jan 04, 2025
Apart from grey, geegpay and payoneer

Anyone know of another alternatives
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by IMAliyu2: 10:42pm On Jan 04, 2025
Danempaco:
Apart from grey, geegpay and payoneer

Anyone know of another alternatives
Chipper cash

Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by Danempaco(m): 2:08am On Jan 08, 2025
IMAliyu2:
Chipper cash
Thanks for your response

But am actually in search for one that also offer uk bank account, chipper cash doesn't offer that

God bless you
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by Theophinio(m): 3:24pm On Jan 09, 2025
IMAliyu2:
I think its a flat £1.5 for amounts below £215 or 0.7% for more than that.

I couldn't find any info on any other fees outside of that.
Please what's the new deposit fee for £50 through BACS method on grey

And likewise for Geegpay

Thanks
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by IMAliyu2: 3:50pm On Jan 09, 2025
Theophinio:
Please what's the new deposit fee for £50 through BACS method on grey

And likewise for Geegpay

Thanks
£15 BACS for Grey.

I couldn't find any info for geegpay therefore, I'm assuming it's a flat £1.5 fee.
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by Theophinio(m): 8:55pm On Jan 10, 2025
IMAliyu2:
£15 BACS for Grey.

I couldn't find any info for geegpay therefore, I'm assuming it's a flat £1.5 fee.
Alright. Thanks

Grey new charges are liking to criminality

Geegpay is very fair

Do you have any experience with Leatherback platform
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by IMAliyu2: 1:32pm On Jan 13, 2025
Theophinio:
Do you have any experience with Leatherback platform
No, not really.
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by Moresalt: 2:19pm On Jan 13, 2025
Theophinio:
Please what's the new deposit fee for £50 through BACS method on grey

And likewise for Geegpay

Thanks
For around 200+ euros, it's usually around 2.3eur for deposit; 2.7 for swapping...

I wish to switch to geegpay but a colleagues money around 60 euros I guess is still hanging. So I think I should choose my risk wisely...
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by Theophinio(m): 1:02pm On Jan 14, 2025
Moresalt:
For around 200+ euros, it's usually around 2.3eur for deposit; 2.7 for swapping...

I wish to switch to geegpay but a colleagues money around 60 euros I guess is still hanging. So I think I should choose my risk wisely...
Is this quote fore grey or geegpay
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by Moresalt: 8:11pm On Jan 14, 2025
Theophinio:
Is this quote fore grey or geegpay
Grey
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by Moresalt: 8:14pm On Jan 14, 2025
Moresalt:
For around 200+ euros, it's usually around 2.3eur for deposit; 2.7 for swapping...

I wish to switch to geegpay but a colleagues money around 60 euros I guess is still hanging. So I think I should choose my risk wisely...
Update
The person later somehow got her money though
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by Theophinio(m): 11:43pm On Jan 14, 2025
Moresalt:
Grey
Grey is dustbin now

Am rooting for geegpay or leatherback
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by Moresalt: 10:18pm On Jan 15, 2025
Theophinio:
Grey is dustbin now

Am rooting for geegpay or leatherback
Hmm... Well, I guess a bit higher/additional charges.

But I've noticed they're quite reliable and very fast. I mean within 5 or 10 minutes you may get your money internationally (if working hours are favorable at a particular time) and convert within 2 or less minutes...
Re: Geegpay Vs Payoneer Vs Grey: Which Is The Best For Nigerian Freelancers? by Theophinio(m): 2:56pm On Jan 16, 2025
Moresalt:
Hmm... Well, I guess a bit higher/additional charges.

But I've noticed they're quite reliable and very fast. I mean within 5 or 10 minutes you may get your money internationally (if working hours are favorable at a particular time) and convert within 2 or less minutes...
Yes. You are right

Grey deposit and withdrawal is the fastest fintech I have ever come across

Is just their new year ridiculous fee that made me flew away

Apart from that Grey is the very best fintech I have come across in terms of deposit and withdrawal speed
1 2 Reply

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