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Cover Image for Best Valentine Gift Ideas You Can Buy Online

Best Valentine Gift Ideas You Can Buy Online

Love is an exciting concept; some say it is a buttery feeling that makes you make questionable decisions with a smile on your face; some say it is a strong feeling of support knowing someone has your back, and there are the naysayers who consider it a weakness. Well, to each their own, but we will not be debating what love is or is not in February. We have ten other months for that. The debate we should be having is on what kind of Valentine's gifts to get for your partner or friend.

This blog post will discuss thoughtful Valentine's gift ideas you can get online with a virtual dollar card, especially if you are a working professional who might need more time to shop in person. Though shopping online saves you time, sometimes the gifts can be impersonal if proper thought is not put into it. Listening to your partner and giving them gifts that speak to their needs, cravings, or interests is important.

Here is a list of thoughtful Valentine's gift ideas that you can buy online with the WeWire Virtual Dollar Card;

A Flight Ticket

A recent research commissioned by Amadeus revealed that 77 percent of travellers want to travel in the next year. Is your partner one of the 77%? There is only one way to find out listening! Listen to your partner and find out if they would like to travel, where they want to go, and what kind of trips they would like. Gift them a flight ticket or travel package from agencies like Wakanow and pay with your WeWire Virtual Dollar Card from anywhere.

Customised Jewellery

Neckpieces, rings, and bracelets are cool gifts that can be elevated with simple customisation. Jewellery shops like Pandora, Tiffany & Co, and Boz Jewelry sell pieces that can be customised with your partner's name, initials, or something of nostalgic value. Find something that speaks to your partner and coup it ahead of this Valentine's Day celebration.

Affirmation Frames

An interesting Valentine's gift idea for partners who love words is an affirmation frame. Something that they can be hung up in their space to beautify it and motivate them. Bonus points for you because they will always think of you when they see it. Etsy stocks unique pieces of wall frames that you can shop for online and pay with a virtual card.

Year-long Subscriptions

We live in a time of digital entertainment; the trips to the park or record store and other physical activities are fading into the background while video-on-demand services, music, and game subscriptions are gaining ground. Giving your partner year-long access to their favourite platforms is thoughtful and cute. From Netflix to Mubi, Apple Music, and others, you can either make a one-time payment with your virtual card or set up a recurring payment on the card.

This Valentine, don't be the partner who gives gifts without 'soul' because you don't have the time to shop. Put some thought into it and buy something that sparks joy for your partner. You think about it and let the WeWire Virtual Dollar Card securely handle the payment with a 95% success rate.

Beyond card payments, WeWire remains committed to making sure you can send money across borders without hassle.

Cover Image for Embracing Growth and Expansion with WeWire in 2024

Embracing Growth and Expansion with WeWire in 2024

2023 - What a year!

At the beginning of last year, the
WeWire team set lofty goals; we envisioned a world where businesses of all sizes could pay across borders to multiple countries and expand into new markets.

The year ended, and we hit milestones even more significant than our goals.

We grew our client base by over 400% working with businesses from across Ghana, Nigeria, Cameroon, Kenya, Tanzania, and beyond. We enabled payments for firms in diverse sectors, including oil and gas, tech, betting, import and export, and numerous others, enabling them to trade globally.

Our 2023 Milestones

We launched the WeWire web app, a Teams feature, and Corporate Virtual Cards to enable business teams to manage expenses and reliably pay for multiple digital subscriptions.

Every update we made at WeWire aimed to improve business operations for our users and give them a chance to play in the global market. Watching our users expand into new frontiers, make payments to vendors worldwide, build better partnerships, and trade globally using our product was a pleasure.

On our part, we made efforts to strengthen our brand. We moved into our new physical office in Accra, Ghana, attended the GITEX event in Morocco, exhibited at Techcabal’s Moonshot event in Nigeria, and sponsored the Africa Fintech Summit in Ghana.

In December, WeWire was recognized as the Largest B2B Tech Startup out of Ghana and won the Fintech of the Year award at the Ghana Innovation and Startup Awards - worthy accolades for a year of grit and relentless hard work.

A huge part of how we crossed these milestones is the WeWire team’s resilience. In 2023, we hired the top global talents and doubled our staff strength. Our commitment to fostering diversity and inclusivity remained unwavering, with our team comprising 40% women and an equal influx of new male and female members.

Our 2024 Plans

In 2024, the aim is to do more!

This year, WeWire is taking a new look. For our product infrastructure, we are excited about exploring new currency wallets, and virtual bank accounts. There is also the launch of our API service and mobile application in the works. Through every product iteration, we focus on giving our users access to a financial tool tailored to meet their payment needs across markets.

This year, we aim to 10x our growth while maintaining our product stability and delivering our brand promise. Hitting this goal will be a wild ride, but we wouldn’t have it any other way.

Our people and product infrastructure have gone through every stage of preparation for the exponential growth we want to see, and now it is GO season🚀🚀🚀!

To close, our work is valuable, and I am glad to have you on this journey as part of our success story.

Let’s cross more borders together.

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How OTC Trading is solving cross-border payments for African businesses


In the Financial Services space today, Over-The-Counter (OTC) trading is fast becoming a pivotal force. This article will examine how OTC trading is utilized within the financial services industry, emphasizing its role in revolutionizing cross-border payments using Wewire Africa as a case study.

Understanding OTC and Cross-Border Payments

Over-the-counter (OTC) trading is a popular way of buying and selling assets without relying on an intermediary. OTC trading allows both parties to negotiate directly with each other, avoiding price slippage and accessing higher liquidity.

Cross-border payments are payments from one country to another, usually involving different currencies.

A business might need to send money from one country or continent to another for many reasons.

For context, in Africa today, a business in Nigeria that needs to send money to Ghana will have first to convert the local currency, which is the Naira, to USD and then send USD to Ghana.

OTC trading is fast becoming the preferred way to tackle the many bottlenecks of cross-border payment. OTC trading's relative ease of implementation and practical usefulness to customers have made it attractive for providers trying to move transaction volumes quickly.

The Current Landscape of Cross-Border Payments

According to
research, the B2B Payments Market Size was valued at USD 1,324.43 billion in 2022 and is anticipated to reach USD 1,589.56 billion in 2023. It is projected to reach USD 2,456.76 billion by 2031, growing at a CAGR of 9.2% during the forecast period (2023-2031). However, challenges such as high transaction fees, currency exchange rates, and compliance with regulations and tax laws must be addressed to streamline B2B payments and improve efficiency. In Africa, Diverse payment systems, currency fluctuations, and limited banking infrastructure have hindered African cross-border payments. High costs, additional fees, and security concerns further complicate transactions.

OTC in Cross-Border Payments: A New Approach

One of the most significant applications of OTC trading is in the realm of cross-border payments. Traditional methods of international fund transfers have long grappled with high fees, slow processing times, and volatile exchange rates. OTC trading provides a solution by facilitating direct currency exchanges, reducing costs, and expediting transaction times.

Platforms like Wewire Africa harness cutting-edge OTC platforms and technologies to facilitate cross-border payments. This ensures transaction speed, easy customer accessibility, and secure and transparent transactions.

When a customer who lives in Nigeria and has Naira in his possession needs to pay his supplier in China, for example, for raw materials, there's a need to look for Yuan, which is the Chinese currency. Hence, a currency trade has to be made.

OTC Trading flow

Currency trading is the process of buying and selling currencies. When a customer needs to move money from one currency to another, a trade has to happen, trading his currency for the currency needed, like buying and selling. Depending on the transaction volume, The customer comes to an OTC trader such as Wewire Africa and explains his specific needs. Then, an offer is made. This means that rates are agreed upon, and the trading team completes the transaction.

Advantages of OTC Trading in Cross-Border Payments

Adopting OTC solutions for cross-border payments by Wewire Africa translates into tangible benefits, especially for users. Users experience expedited transaction times, reduced fees, and increased accessibility. The flexibility of OTC trading enables Wewire Africa to tailor its services to the unique needs of cross-border transactions.

When asked, one of Wewire’s customers, Mr Roger Gbeve of Maison T'acier, a steel manufacturing company with a presence in 3 African countries, said that before he started using Wewire Africa, he would usually have to go to the bank for his cross-border payments needed by his business. Still, he was never sure that the banks would be completely helpful. With Wewire Africa, he always has the foreign currency he needs to pay his suppliers or sort out his business operations across multiple geographies, which was made possible by OTC trading. Some reasons why customers prefer Wewire Africa for OTC trading in cross-border transactions include

  1. Volume of transaction
  2. Ability to negotiate price
  3. Liquidity availability
  4. Security or Safety
  5. The human factor

Mitigating Challenges and Risks of OTC Trading in Cross-border Payments

While OTC trading offers substantial benefits, acknowledging potential challenges and risks is crucial. Wewire Africa addresses these risks by ensuring thorough regulatory compliance, security, and innovative security measures on the digital platform. For any customer to be able to perform a transaction, they must have completed their verification with complete background checks, as well as had their business verified to be legitimate.


In conclusion, OTC trading has become a dynamic force within the financial services industry, especially in making cross-border payments accessible globally.

You're better off going the OTC route as a business owner who utilizes large liquidity in multiple currencies and across different countries for business transactions.

Contact Wewire Africa to get a quote today. Visit the website or send an email to to get started now.

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How to make the most of Holiday Period Sales

Thanksgiving, Black Friday, Cyber Monday, Christmas, Boxing Day, New Year’s Day are all important days of the year not only because they herald the festive season as well as end-of-the-year festivities but also because there are amazing discounts, sales and promotions that brands are always running as part of their end of the year campaigns.

This makes the holiday period the perfect time to snag amazing deals and discounts from your favourite brands, but to do this well, one must be prepared, which is why we prepared this short guide to help you make the best of Sales this period.

Here are a few tips to help you make the most of the Holiday period using the Wewire virtual dollar card:

  1. Plan Ahead: Create a budget and a shopping list. Research the best deals and discounts available during the festive season.
  2. Leverage Rewards and Cashback: Using cashback apps like Rakuten, Many brands also offer rewards and cashback on purchases. Utilize these benefits to gain additional value from your shopping.
  3. Compare Prices: Be sure to look around and compare prices across various platforms or retailers. Look for the best offers to get the most value for your money.
  4. Monitor Price changes: Keep track of your purchases by setting up notification alerts and emails that inform you of when these brands go on sale or go live with their discounts. That way, you’re surely ready to maximise these promotional offers.
  5. Last but not least, use the Wewire Virtual dollar Card to shop this festive season: Wewire offers you a fail-safe dollar card that works on all the websites you would like to shop from? Create an account if you haven’t already and create a dollar card too!

Benefits of Using Your Wewire dollar card

  • Security and Safety: Wewire dollar cards offers secure transactions, minimising the risk of fraud or theft during the shopping frenzy of festive sales.
  • Easy Online Transactions: With your Wewire dollar cards, accessing online deals becomes effortless. You can shop from the comfort of your home and avail yourself of discounts on a global scale.
  • Currency Conversion: Many festive season sales happen worldwide. Your DollarCard simplifies international transactions, saving you from currency conversion hassles and providing competitive exchange rates.


The festive season sales can be overwhelming, but with the right strategy and your Wewire virtual USD card, you can make the most out of these opportunities. Maximise discounts, protect your purchases, and enjoy a stress-free shopping experience during this joyous season. Happy Shopping!

By employing these tips and leveraging the benefits of your DollarCard, you'll not only bag fantastic deals but also ensure a secure and rewarding shopping spree.

Smart planning and wisely utilising your Wewire USD Card can turn the festive season into a shopping extravaganza filled with savings and delight.

Cover Image for How the best use of your Wewire Account

How the best use of your Wewire Account


Africa has immense potential, and its markets are burgeoning with untapped opportunities. However, facilitating financial transactions that involve payments within and outside Africa has often been daunting. That's where WeWire steps in. We provide businesses with cutting-edge tools that empower you to make payouts effortlessly, local or international.

Our platform is designed to offer a seamless experience, enabling you to navigate the complexities of cross-border transactions confidently. No more hassles or delays - just smooth and secure financial operations.

This article explains what Wewire Africa can do for your business and how to use Wewire Africa best to empower your business.

How to make the best use of your Wewire Account

To enjoy all the awesome features you can get from having a Wewire Account, here are a few things you should know about the features you can access from your Wewire Africa dashboard.

Quick Currency Conversion

One of the standout features of Wewire is its lightning-fast currency conversion. Whether you're a business owner with businesses in multiple geographies or simply curious about the value of your funds in another currency, Wewire makes it a breeze. The intuitive interface allows you to input the amount, select the source and target currencies, and voilà get an instant conversion. No more puzzling over exchange rates or hunting for calculators; Wewire puts the power of currency conversion at your fingertips. Also, converting your funds from one currency to another is FREE on Wewire Africa.

Create Multiple Currency Wallets

Wewire continues beyond simplifying currency conversions. It goes a step further by allowing you to create multiple currency wallets. This feature is particularly valuable for international businesses, frequent travelers, or anyone who deals with various currencies. With Wewire, you can conveniently have money in different currencies in different wallets with one account, eliminating the need for multiple bank accounts and making it easier to manage your business finances. Plus, having multiple currency wallets lets you easily swap from one currency to another and take advantage of favorable exchange rates.

Multicurrency Payouts

With Wewire Africa, you can easily make payments in different currencies and pay people within and outside your country. To perform a payout on Wewire Africa, log in to your dashboard and create a currency swap to ensure you have the amount of money to be sent in the receiver’s currency. Once you have swapped, click the payout button to enter the receiver's banking details and complete the payout.

Create a Virtual Dollar Card

In this era of online transactions, having a versatile card for making online payments is essential. Wewire understands this need and offers you the option to create a virtual dollar card. This virtual card is a digital representation of your physical card, enabling you to make online purchases, subscriptions, or payments.

For businesses, Wewire understands that business expenses don't stop, especially in companies with multiple teams. With Wewire Africa, businesses can create cards for different teams, assign cards to team members, and manage these expenses easily, as reconciliation is easy on our digital platform.

Team Management

Wewire Africa was created for businesses, and businesses usually have teams. With the team feature, you can add team members to one business account and assign roles with different levels of access to them. If needed, you can also easily edit, limit, or delete team members and roles. You can also create expense cards and assign them to different team members for different functions.

The features of Wewire Africa extend beyond currency conversion to simplifying cross-border payments for businesses. It's a comprehensive platform designed to empower your business endeavors. With quick currency conversion calculations, the ability to create multiple currency wallets, manage teams, and the convenience of a virtual dollar card, Wewire offers robust features to empower your business and expand across geographies.

Take advantage of the opportunity to supercharge your financial capabilities. Discover the world of Wewire Africa and experience financial empowerment like never before. Whether you're an international business professional, a globetrotter, or someone who values financial convenience, Wewire has you covered. Start using Wewire Today.

To stay updated on our services and product offerings, connect with us on all Social media platforms @wewireafrica, and for follow-up questions, suggestions, or inquiries, Email us at or

Cover Image for  How to Send Money Within African Countries

How to Send Money Within African Countries


  • Introduction
  • Current Money Transfer Methods Within Africa: Challenges
  • Understanding Wirewire Africa
  • Why Choose Wirewire Africa?
  • Getting Started with Wirewire Africa
  • Initiating Your Money Transfer
  • Confirming and Finalizing Your Transfer
  • Tracking Your Transfer
  • Conclusion


In today’s interconnected world, more than ever, sending money to other African countries is needed efficiently. Whether helping family members, supporting a business partner, or making payments. Unfortunately, different countries have different currencies because of how Africa is set up. Businesses operating across multiple African countries must determine how to obtain and maintain various bank accounts for foreign currencies and perform money transfers and cross-border payments that feature these different currencies in various countries. As you can tell, this can be a big hassle.

Wirewire Africa is the ultimate solution for hassle-free money transfers within the continent. In this comprehensive guide, we’ll take you through the simple steps of sending money using this trusted payment platform, all while sharing valuable tips to ensure a smooth and secure experience.

Current Money Transfer Methods Within Africa and Challenges

Before delving into the details of using Wirewire Africa, let’s examine the challenges of existing money transfer methods within African countries:

  • High Fees: Many traditional methods have exorbitant fees that eat into your funds.
  • Lengthy Processing Times: Some transfers can take days or weeks to reach their destination.
  • Unfavorable Exchange Rates: Converting your money through traditional channels often results in poor exchange rates.
  • Limited Accessibility: Not all regions can access reliable banking services, making transfers difficult.

Understanding Wirewire Africa

What is Wirewire Africa? Wirewire Africa is a trusted B2B payment processing platform specializing in using technology to solve the hassle of cross-border payments for businesses. With Wewire Africa, businesses can easily make international and domestic money transfers within African countries. The customer dashboard has an intuitive interface, competitive exchange rates, and robust security features, making it the preferred choice for sending money across borders or within your own country.

Why Choose Wirewire Africa?

  • Competitive Exchange Rates: Wirewire Africa provides competitive exchange rates, ensuring you get the most value for your money.
  • Speed and Reliability: Transfers are processed swiftly, ensuring your recipient receives the funds promptly.
  • User-Friendly Interface: Wirewire Africa’s platform is designed for easy use, making it accessible to everyone.
  • Top-Notch Security: Your financial data is protected with state-of-the-art security measures such as two-factor authentification, guaranteeing your peace of mind.

Getting Started with Wirewire Africa

Creating Your Account

  • Begin by visiting the Wirewire Africa website.
  • “Click on the "Sign Up” button.
  • Provide essential details such as your name, email address, country you’re in, and account password you’d like to use.
  • Verify your email address and complete the registration process.

Identity Verification

Wirewire Africa requires everyone who signs up to complete the identity verification process to comply with regulatory standards. This typically involves submitting identification and proof of address documents.

Initiating Your Money Transfer

Logging In

  • Sign in to your Wirewire Africa account using your registered email and password.
  • Once logged in, you’ll be directed to your personalized dashboard.

Currency Swap

To transfer money from your country to another country using Wewire Africa, you need to perform a conversion from your currency to the receiver’s currency. Currency swaps are free on Wewire Africa.

To complete a currency swap, click on the quick conversion tab on the right-hand side of your customer dashboard, choose the currencies you’re converting from and to, input the amount, and then click on the convert button.

Initiating a Transfer

After swapping to the receiver’s currency, you can initiate a payout to send the money to the recipient’s bank account.

  • Open the wallet containing the currency you want to send
  • Select the payout option
  • Select between making a one-time payment or payment to an already saved beneficiary.
  • Enter the recipient’s information, including their name and banking particulars.
  • Input the desired transfer amount.
  • Review the transaction details for accuracy.

Confirming and Finalizing Your Transfer

After reviewing the transaction details, click the Initiate Payout button to send money to your recipient.

Wirewire Africa will provide you with a reference number or transaction ID. Keep this information for tracking purposes.

Tracking Your Transfer

Use the reference number or transaction ID to monitor the status of your transfer from your customer Dashboard.

Wirewire Africa also provides updates on the transfer’s progress, including when it is sent and received by the recipient via email.


Wirewire Africa makes sending money within African countries a breeze. Whether you’re supporting loved ones, conducting business, or managing personal finances, Wirewire Africa offers a secure, efficient, and cost-effective solution. Say goodbye to excessive fees, long processing times, and unfavorable exchange rates. Embrace the convenience of digital money transfers within Africa with Wirewire Africa. Sign up today.

Make the smart choice today and experience a seamless domestic money transfer process with Wirewire Africa. Stay connected to our blog for more financial insights and expert advice.

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How to Plan for Your UK Visit from Nigeria

Planning to Visit the United Kingdom from Nigeria? Here are things you must know to have a hitch-free trip.

Article Outline:

  • Introduction
  • Preparing for Your UK Visit
  • Applying for a UK Visa as a Nigerian
  • Paying for IHS Fees
  • Booking Flights to the UK
  • Current Payment Methods for International Travel and Their Drawbacks
  • Introducing Wirewire's Virtual Dollar Card
  • Why Choose Wirewire's Virtual Dollar Card?
  • Getting Started with Wirewire's Virtual Dollar Card
  • Conclusion


The United Kingdom is a great travel destination that attracts people globally who visit for different purposes such as tourism, education, etc. Planning a trip to the United Kingdom from Nigeria is exciting, but thinking about managing your finances for the journey can be challenging. Fortunately, with Wirewire's Virtual Dollar Card, you can simplify your payment needs and make the most of your UK experience. In this comprehensive guide, we'll walk you through the steps to plan your UK visit seamlessly using Wirewire's Virtual Dollar Card. We will also cover the visa application process, paying IHS fees, and booking flights to the UK.

Preparing for Your UK Visit

Before you start preparing for your travel, here are some things you can do to make your planning easy.

  • Consider converting your Naira to US dollars to load onto a dollar card provider like Wewire Africa’s Virtual Dollar card to make it easier to pay for the things you'd need before your trip.
  • Research the current exchange rates for better planning.
  • Create a budget for your UK visit, including accommodation, food, transportation, and activities.

Applying for a UK Visa as a Nigerian

Visa Application Process

  1. Visit the official UK government website to initiate your visa application.
  2. Complete the online application form, providing accurate information.
  3. Schedule an appointment at the Visa Application Center (VAC) for biometrics and document submission.
  4. Pay the visa application fee, which varies based on the type of visa you are applying for. Here. You must pay using a card that can process foreign currency transactions, such as the Wewire Africa virtual dollar card.

Paying for IHS Fees

If you’re going to be in the United Kingdom for an extended period, for example, traveling for your education there, you would need to get health insurance and pay for the Immigration Health Surcharge (IHS). Here's how to make the required payment

  • After your visa application is approved, you will receive instructions to pay the IHS fee.
  • Log in to the official UK government website to make the payment.
  • Use a trusted card provider like your Wirewire Virtual Dollar Card for a secure and convenient transaction.

Booking Flights to the UK

You'd need to book a flight after securing your visa and establishing travel dates.

  1. Use reliable online travel agencies or airline websites to search for flights to the UK.
  2. Compare prices, flight options, and airlines to find the best deals.
  3. Pay for your flight tickets using your Wirewire Virtual Dollar Card for a smooth and secure transaction.

Current Payment Methods for International Travel and Their Drawbacks

  • Traditional Credit/Debit Cards: High foreign transaction fees and unfavorable exchange rates.
  • Currency Exchange Services: High commissions, less favorable rates, and inconvenience.
  • Cash: Risk of theft, limited acceptance, and exchange hassles.

Introducing Wirewire Africa's Virtual Dollar Card

Wirewire Africa's Virtual Dollar Card is a secure and convenient payment solution that allows you to transact in US dollars while traveling abroad. It's a digital card linked to your Wirewire account, providing ease and flexibility in managing your finances internationally.

Why Choose Wirewire Africa Virtual Dollar Card?

  • Competitive Exchange Rates: Wirewire offers competitive exchange rates, ensuring you get the most value for your money.
  • Security: Your financial data is protected with state-of-the-art security measures.
  • Worldwide Acceptance: The Virtual Dollar Card is widely accepted, making it ideal for international travel.
  • Ease of Use: It's user-friendly and can be easily managed through the Wirewire mobile app.

Why choose the Wewire Africa Virtual Dollar Card while preparing for your UK trip

Use your Wirewire Virtual Dollar Card for various payments, such as hotel bookings, flight bookings, travel insurance, online shopping, and more.

  • Enjoy the convenience of making payments in US dollars.

Tracking Your Expenses: The Wirewire customer app tracks your expenses in real time. Easily monitor your Virtual Dollar Card transactions and view your remaining balance.

Getting Started with Wirewire's Virtual Dollar Card

To start using Wewire Africa's dollar cards, take the following steps.

  • Log in to your Wirewire account or create one if you don't have it.
  • Create wallets for your local currency and USD
  • Deposit your local currency and then swap to USD afterward
  • Locate the option to request a Virtual Dollar Card.
  • Follow the prompts to generate your card details.


Planning your UK visit from Nigeria becomes a breeze with Wirewire's Virtual Dollar Card. This secure and flexible payment solution ensures you can enjoy your trip without worrying about financial hassles.

Say goodbye to excessive fees and unfavorable exchange rates and embrace the convenience of making payments in US dollars with Wirewire.

Make the smart choice today and experience a hassle-free UK visit with Wirewire's Virtual Dollar Card.

Stay connected to our blog for more insights and expert advice on international travel finance. We wish you a most memorable stay in the United Kingdom.

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Transforming Cross-Border Payments

How Wewire Africa is Bridging the Gap from Africa to Tier One Countries


Cross-border payments have long been a challenge for individuals and businesses in Africa seeking to engage with tier-one countries such as the United States, the United Kingdom, and Europe. The complex web of regulations, high costs, and limited access to traditional financial services have hindered economic growth and international trade. However, the fintech revolution is changing the game, as innovative startups such as Wewire Africa are emerging to solve these long-standing issues and facilitate seamless cross-border transactions. In this article, I will explore the challenges of cross-border payments out of Africa to tier-one countries and how Wewire Africa is stepping in to bridge this gap.

The Challenges of Cross-Border Payments from Africa

1. High Transaction Costs: Traditional banks and financial institutions have historically charged exorbitant fees for cross-border transactions. These costs can significantly eat into the funds being sent and received, making it less appealing for individuals and businesses to engage in international trade and financial activities.

2. Slow Transaction Speeds: Traditional cross-border payment methods can take several days or even weeks to complete. This lag in transaction times can be especially detrimental in business contexts where timely payments are critical for operations.

3. Limited Access to Banking Services: In many African countries, a substantial portion of the population remains unbanked or underbanked. This lack of access to formal financial services makes it difficult for individuals to send and receive international payments. Almost every transaction requires you to head to a physical banking hall and spend hours in queues.

4. Foreign Exchange Complexity: Currency exchange is a significant hurdle in cross-border transactions. Converting local currency to foreign currency, often at unfavourable exchange rates, can result in significant losses for individuals and businesses.

5. Regulatory Challenges: Stringent regulations and compliance requirements can vary widely from one African country to another, adding complexity to cross-border payments. Navigating these regulations is often a daunting task.

6. Lack of adequate Liquidity: Banks in Africa generally do have enough FX liquidity to supply the needs of import businesses, multi-national businesses and fund managers who regularly need to transfer out millions of dollars. This is a result of inadequate allocation of FX from central banks to the local banks.

Wewire Africa’s Solutions for Cross-Border Payments

Fintech companies are emerging as champions in addressing these challenges and revolutionizing cross-border payments in Africa. Here's how we are making a difference:

1. Lower Transaction Costs: Wewire Africa offers competitive pricing compared to traditional banks, reducing the fees associated with cross-border payments. Transparent fee structures ensure that customers know exactly what they are paying for. We charge 0.5% for cross-border payments compared to the 1 to 5% charged by competitors and traditional banks

2. Faster Transaction Speeds: Wewire Africa leverages digital technologies and blockchain to expedite cross-border transactions. Some transfers now occur within hours, compared to the days or weeks it might take through traditional channels. Depending on the market you are transferring funds to it should hit the recipient within 24hrs

3. Wider Accessibility: Wewire Africa makes financial services more accessible to the unbanked and underbanked populations in Africa. Through web apps and digital wallets, individuals can initiate and receive cross-border payments with ease.

4. Efficient Currency Exchange: Wewire Africa offers competitive exchange rates and convenient currency conversion services. This reduces the costs associated with currency conversion and minimizes losses due to unfavourable rates. For comparison, I used my local bank card to buy something online which was a rate of 12.25 GHS to $1, same day I used my Wewire Africa virtual card to make a transaction and the exchange rate was 11.88 GHS to $1.

5. Compliance and Regulatory Support: Wewire Africa has dedicated teams to navigate the complex web of international regulations and compliance requirements. This ensures that cross-border transactions are conducted legally and transparently. We’ve invested heavily in compliance tools to track real-time transactions our customers are doing


Wewire Africa is a multi-currency payment platform designed to empower businesses engaged in international trade. It enables businesses to conduct transactions across Africa and beyond, unlocking the true potential of borderless banking. Wewire Africa offers faster cross-border transactions with virtual accounts that hold and payout money into multiple currencies with your WeWire account. It also offers virtual cards for businesses that empower them to manage expenses, streamline payments, and gain control over transactions. Wewire Africa is operating with an MSB license from Canada with a presence in Ghana, Nigeria, Kenya, Uganda, USA, UAE and the UK. The company has processed over $400m in transaction volume since inception.

Written by: Ebenezer Ghanney, Co-founder and CEO of Wewire Africa.

Ebenezer has 6+ years of experience in the Fintech & FX space. He is an experienced FX trader who has generated a lot of revenue and cost savings for his clients over the years. He has successfully executed trades of over USD 400 million from 2021 to date. He successfully led the growth of Wewire in Ghana and the expansion into other markets (Nigeria, Kenya, Uganda, UAE, USA and Canada). Obtained a license for the company in Canada.

Prior to launching Wewire, He was the Country Operations Manager for Yellow Card in Ghana, where he built the retail business to 150k+ users and over USD 20 million in transaction volume in the first year of operation.

Before Yellow Card, He worked with Liquid Financial, where he led business development, User Experience testing and Customer Acquisition. He also founded 2 now-defunct startups between 2017 to 2021. The learnings from past projects have influenced how Wewire was built from the ground up.

Academically, he holds a BSc. Accounting from the University of Professional Studies, Accra (UPSA). He’s also a certified securities analyst by the Ghana Stock Exchange.

Cover Image for Wewire Africa -The magical solution for International Payments

Wewire Africa -The magical solution for International Payments

Once upon a time, in a small town called Payville lived a business owner named Alex. Alex's business was thriving, and as it grew, so did his connections worldwide. He had suppliers in different countries, and his customer base expanded rapidly.

One day, as he sat in his cozy office, Alex received a big order from a client on another continent. Excited about the opportunity, he realized he needed to make an international payment to his suppliers to secure the deal. However, the thought of navigating the complexities of international transactions left him feeling overwhelmed.

Just when Alex was starting to worry, he heard about a magical platform called "Wewire Africa" Intrigued, he decided to give it a try. As soon as he registered on the platform, he was astonished at how simple and user-friendly it was.

With Wewire Africa, Alex could easily send money to his overseas supplier with just a few clicks. No more complicated bank forms or tedious processes. The platform took care of everything, ensuring his payment reached its destination securely and on time.

But that was not all; another enchanting feature of Wewire Africa caught Alex's attention. His business often involved making multiple payments to various customers at once. In the past, this was a time-consuming task that required managing numerous accounts and records. But with Wewire’s beneficiary instant pay feature, Alex could now easily make all those payments simultaneously. He also could assign virtual payment cards to various departments in his company. The marketing dude doesn't chase after him anymore for marketing budget money.

He couldn't believe how much time and effort the platform saved him. With the burden of international payments lifted from his shoulders, Alex's business flourished even more. He had more time to focus on expanding his customer base, introducing new products, and nurturing valuable partnerships.

Alex's success story spread throughout Payville and beyond as the years passed. Other businesses in the town started using Wewire Africa, and they, too, experienced the same magic and convenience.

From that day on, whenever anyone in Payville needed to make international payments or send multiple payments quickly, they knew where to turn—the trusted and reliable platform that simplified the process, just like magic — Wewire Africa.

And so, Payville continued to prosper, thanks to the wonders of Wewire Africa, making dreams come true for entrepreneurs like Alex and building stronger connections worldwide.

Like Alex initially was, many business owners are currently struggling with figuring out how to connect to the rest of the world through International Payments. Wewire Africa was created to solve this challenge.
Sign up Now and join the train today.

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My Experience Interning At Wewire

In this blog, I will be sharing my experience at WeWire Africa, a company dedicated to empowering African communities through innovative
technology solutions.

My name is Gerard Ruben Tei, a final-year student at IPMC University
studying business computing and information.
In today's interconnected world, technology has the power to transform lives and bridge gaps like never before. Companies that harness this potential for positive change stand out, and one such organization is WeWire Africa.

When I joined WeWire Africa, I knew I had become a part of something special. The office exuded a vibrant energy, with murals depicting
African landscapes. It was an inspiring space that set the tone for the inclusive and collaborative environment within the company. Regardless of our roles or backgrounds, we all shared a common goal: using technology to make a
lasting impact.

At WeWire Africa, I had the privilege of working on projects that mattered. Wewire Africa focuses on sectors like trading, education, Marketing, and products. This meant that every day brought new challenges and opportunities to create meaningful change.

One of the standout aspects of WeWire Africa was its unwavering
commitment to personal and professional growth. The company recognized that its employees were its greatest asset and invested in their development.

Regular training sessions kept us abreast of the latest technologies and
industry trends. We were also encouraged to take ownership of our growth by pursuing certifications and exploring new areas of interest. This culture of continuous learning propelled us forward and empowered us to contribute our best.

The spirit of collaboration was deeply ingrained in WeWire Africa's DNA.
Teams worked closely together, pooling their diverse expertise to find
innovative solutions. Ideas flowed freely, and everyone's input was valued.
The flat hierarchy and open communication culture fostered an environment where collaboration thrived, enabling us to tackle complex challenges and drive impactful outcomes.

WeWire Africa is more than just a company; it's a
community where everyone feels supported and inspired. The most rewarding aspect of my time at WeWire Africa was witnessing the
tangible impact of our work. Whether it was enabling small businesses to
thrive through P2P platforms. Knowing that our efforts contributed to African communities' economic growth and well-being fueled our
passion and motivation.

Beyond the challenging projects and professional growth, WeWire Africa
fostered a culture of care and well-being. The company's commitment to
diversity and inclusion created an environment where everyone felt respected and valued, regardless of their background.
My experience at WeWire Africa was truly transformative. The company's
unwavering dedication to empowering communities through technology made it an exceptional workplace.

WeWire Africa taught me the power of
leveraging technology for positive change and showed me what can be
achieved when passionate individuals come together with a shared purpose. I am grateful for the invaluable lessons and experiences I gained at WeWire Africa, and I will continue to champion the mission of using
technology to create a brighter future.

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Introducing Wewire: The Revolutionary Multi-Currency Payment Platform Powering Global Trade

Wewire, a groundbreaking multi-currency payment platform, is set to launch its highly anticipated platform in beta version on June 19, 2023. Designed to meet the evolving needs of businesses engaged in international trade, Wewire empowers African enterprises to effortlessly conduct transactions across Africa and beyond, unlocking the true potential of borderless banking.

In today's interconnected world, businesses trading across national borders face numerous challenges when managing payments efficiently and securely. Wewire emerges as the game-changer in cross-border payments. It provides a seamless and robust platform that facilitates smooth cross-border transactions for companies operating and trading in Africa, America, Europe and Dubai.

"Our mission at Wewire is to revolutionize banking access for African businesses and the way businesses transact globally," said Eben Ghanney, Founder and CEO of Wewire. "We understand the struggles faced by SMEs operating in diverse regions, and we are excited to introduce a solution that eliminates the complexities and inefficiencies associated with cross-border payments. With Wewire, businesses can focus on what they do best – expanding their reach and driving growth."

Wewire offers a wide array of features tailored to the unique requirements of businesses engaged in international trade. Wewire enables businesses to conduct secure, fast, and cost-effective transactions in multiple currencies by leveraging state-of-the-art technology and competitive rates. The platform supports payments in African currencies, American dollars, and European euros, offering unparalleled flexibility and convenience to its users.

Key Features and Benefits of Wewire:

1. Borderless Transactions: Wewire empowers businesses to overcome geographical barriers by facilitating seamless transactions across Africa, America, and Europe.

2. Secure and Reliable: Built with cutting-edge security measures, Wewire protects every transaction, safeguarding businesses from potential risks and fraudulent activities.

3. Competitive Exchange Rates: Wewire partners with leading financial institutions to offer highly competitive exchange rates, ensuring that businesses receive maximum value for their money. Wewire helps companies optimize their profit margins.

4. Business Multi-Currency Wallets: With Wewire, businesses can create wallets to transact different currencies in different countries without creating bank accounts in these countries.

5. Streamlined Operations: Wewire simplifies the payment process, reducing business administrative burdens by granting access to banking statements and a team dashboard with centralized access.

To celebrate the beta launch, Wewire is offering an exclusive opportunity for businesses to join the platform and experience the future of cross-border payments firsthand. Participants will gain early access, benefit from premium customer support, and have the chance to provide valuable feedback to shape the platform's development.

Join the revolution in global trade with Wewire! To learn more about the platform and secure your spot in the beta launch, visit today.

About Wewire:

Launched in April 2021, Wewire is a multi-currency payment platform designed to empower businesses engaged in international trade. With its advanced features and strategic partnerships, Wewire unlocks borderless banking, making cross-border transactions seamless, secure, and cost-effective.