Corridor guide
Send US Dollar → Nigerian Naira
Fast-growing dev talent corridor — beware double FX.
Live cost comparison
Calculator pre-seeded for USD → NGN. Try your usual invoice amount.
Showing latest calculation.
The leak story
vs PayPalYour bank just got NGN 97,948 richer.
That's enough to pay for…
- 6 months of GitHub Copilot
- 9 pints of craft beer
- 5 months of Spotify
Over a year at this pace
You'll leak NGN 1,175,381 — that's a PlayStation 5 + 3 games.
Every. Single. Year.
Plug the leak — route via Wise Business.
Know a freelancer leaking the same? Send this their way.
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PayPal
4.4% + $0.30 · 2.5% FX markup
FeeNGN 68,665
FX leakNGN 37,033
SkimmedNGN 105,698
You keep
NGN 1,444,302
Stripe International
4.3% + $0.30 · 2.0% FX markup
FeeNGN 67,115
FX leakNGN 29,658
SkimmedNGN 96,773
You keep
NGN 1,453,227
Payoneer
3% flat · 1.5% FX markup
FeeNGN 46,500
FX leakNGN 22,553
SkimmedNGN 69,053
You keep
NGN 1,480,948
Winner!
Wise Business
0.5% transparent · 0% FX markup
FeeNGN 7,750
FX leakNGN 0.00
SkimmedNGN 7,750
Airwallex
1% intl · 0.6% FX markup
FeeNGN 15,500
FX leakNGN 9,207
SkimmedNGN 24,707
You keep
NGN 1,525,293
Revolut Business
0.4% · interbank FX (0.4% beyond plan)
FeeNGN 6,200
FX leakNGN 6,175
SkimmedNGN 12,375
You keep
NGN 1,537,625
WorldFirst
0% fee · 0.5% FX markup
FeeNGN 0.00
FX leakNGN 7,750
SkimmedNGN 7,750
You keep
NGN 1,542,250
Mercury
Free wires · ~1% FX spread
FeeNGN 0.00
FX leakNGN 15,500
SkimmedNGN 15,500
You keep
NGN 1,534,500
Bank Wire (SWIFT)
$25 flat · 3% FX spread
FeeNGN 38,750
FX leakNGN 45,338
SkimmedNGN 84,088
You keep
NGN 1,465,913
Deel
3% withdraw · 1.5% FX markup
FeeNGN 46,500
FX leakNGN 22,553
SkimmedNGN 69,053
You keep
NGN 1,480,948
Smart Tip
Stop the leak! Based on your parameters, Wise Business saves you NGN 1,175,381/year compared to PayPal.
Switch the rail and reclaim that margin every cycle.
Per invoice
NGN 97,948Extrapolated yearly
NGN 1,175,381How we calculated it
Difference between PayPal and Wise Business on the same invoice, split into the two leak sources:
- Platform fee deltaNGN 60,915
- FX markup leakage deltaNGN 37,033
- Per-invoice savingsNGN 97,948
- × 12 monthsNGN 1,175,381
Winner breakdown
0.00% better than WorldFirstCalculation breakdown · Wise Business
- Gross billed
- $1,000
- Platform fee %
- 0.50%
- Total platform fee
- $5.00
- Conversion rate
- 1550.0000
- FX markup
- 0.00%
- Effective rate
- 1550.0000
- Receiving amount
- $995.00
- Hidden FX loss
- NGN 0.00
- Total loss
- NGN 7,750
Final payoutNGN 1,542,250
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