How to pay on Aliexpress from Nigeria? (Latest Update)

Read all about how to pay on Aliexpress from Nigeria.

Aliexpress is an e-commerce platform where you can buy a range of products like clothes, shoes, accessories, phones, home appliances and many more.

It is one of the popular e-commerce giants which is very similar to other platforms like Ebay, Amazon, Alibaba etc.

Sellers can put their products on Aliexpress and make sales, while buyers get a range of competitive prices for products that they want to buy. Hence products on Aliexpress is cheaper and affordable.

If you are a Nigerian, and you want to read about how to make payment on Aliexpress from Nigeria, then you will need to continue reading.

In this post, I am going to be writing all about how to pay on Aliexpress from Nigeria and more. Remember to leave us a comment after you finish reading and also share with your friends on social media.

Let’s get into it then…

Read my post on the best virtual dollar cards

About Aliexpress?

Aliexpress is an e-commerce platform where you can buy a range of products like clothes, shoes, accessories, phones, home appliances and many more.

It is one of the popular e-commerce giants which is very similar to other platforms like Ebay, Amazon, Alibaba etc.

How to pay on Aliexpress from Nigeria?

To make payment on Aliexpress is very straightforward, after making an order, you will need to proceed to make payment.

Aliexpress has a range of payment options, and you can pay with your debit/credit card by inputting your Card number, Security code, expiration date and password. You will also receive a OTP (One-time password) which you will use to authorize the transaction.

UPDATE: A lot of Nigerian banks have reduced their international spending limit to $20, while some of them have completely stopped you from using your naira card to pay for international transactions.

The above means that paying on Aliexpress has become quite the challenge i.e. if you were using your naira card.

However, you can still make payment on Aliexpress from Nigeria using any of the two ways below:

1. Dollar card
2. Virtual dollar card

Dollar card

You will need to open a domiciliary account and request for a dollar card, which usually allows you to perform transactions up to $10,000 monthly.

All you have to do is fund your dollar card by getting dollar from the black market and depositing to your domiciliary account.

A domiciliary account is an account that operates in foreign currencies likes dollar, pounds, euros etc. You can receive, send and deposit foreign currency on your domiciliary account.

With a domiciliary account, you can save your money in foreign currency, you can receive money from outside the country and more.

Types of domiciliary accounts

Zenith bank

Zenith bank domiciliary accounts give you the opportunity to conveniently carry out foreign transactions wherever you may be. With access to the debit cards, internet banking, and mobile banking application, your transfers, payments, standing orders etc. can be done without you walking into the banking halls.

Guaranty trust bank (GTbank)

Make foreign currency transactions conveniently from the comfort of your home, office or anywhere in the world with your GTBank Domiciliary Account. Available in US Dollar, Pounds or Euro, you can fund your account via traveler’s cheques, foreign currency cheque lodgments and cash inflows and deposits. You can also make withdrawals from any GTBank branch.

Access bank

The Domiciliary Current account is designed to enable you carry out local or international transactions from the comfort of your home, office or abroad. The account is funded in Pounds, Euro, Dollars and Yen.

The account can be opened by Individuals, Business Owners, Small and Medium scale enterprises, corporate organizations.

First city monument bank (FCMB)

Foreign currency account with lower operating limits, for those who want to start saving in FX and salary

The Domiciliary account is designed to help develop savings habits in foreign currency for those customers who regularly receive or need to make payments in British Pound Sterling (GBP), the United States Dollar (USD) and European Euro

Virtual dollar card

A virtual dollar card is a dollar denominated non-physical card for making payments online and not for physical transactions like withdrawal of cash i.e. you can online use the card for online transactions.

You can easily get a virtual dollar card from your smartphone without needing to visit the banking halls. There are numerous platforms that offers virtual dollar cards, you can pick from anyone or even have multiple virtual dollar cards.

Types of Virtual cards

Barter by flutterwave

The barter by flutterwave launched in 2019 and is a very popular option when it comes to virtual dollar card. The flutterwave is a fintech company that allows people to send and receive money from anywhere in the world.

Barter by flutterwave provides a virtual dollar card in Nigeria that can be used for online shopping and making online payments anywhere in the world.

ALAT Virtual dollar card

The ALAT virtual dollar card is owned by Wema bank and was the first digital bank in Nigeria. You can also get a Virtual dollar card.

To get an ALAT virtual dollar card, you’ll need to have an ALAT account and you will also get a physical debit card with ALAT.

Eyowo visa virtual dollar card

Eyowo is another financial technology company that allows you to make payments, pay bills & receive money with just your phone number.

You can also get a virtual dollar card on Eyowo and fund with her little as 1 dollar.

Read my post on the best domiciliary accounts in Nigeria

Summary

With the above, you should now know how to pay for Aliexpress in Nigeria without much hassles. If you require further information, then you can leave us a comment or visit our contact page and we will get back to you as soon as we possibly can.

Conclusion

Thank you for reading my post on How to pay on Aliexpress from Nigeria? (Latest Update)? If you have any question or comment, you can leave it below in the comment section below.

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