7 B2B Payment Solutions for Paying Chinese Suppliers from Africa

Navigating the complexities of international trade, particularly when it comes to paying suppliers in China from Africa, requires reliable and efficient B2B payment solutions. Here are seven such solutions..

Introduction to B2B payment solutions

In the realm of modern commerce, the significance of reliable Business-to-Business (B2B) payment solutions cannot be overstated. These solutions serve as the backbone of international trade, facilitating seamless transactions and fostering global economic growth. At the core of B2B payment solutions lies the imperative of ensuring smooth and efficient transactions between businesses across borders.

Why are B2B payment solutions important?

One of the paramount importance of reliable B2B payment solutions is the facilitation of seamless transactions. In the intricate web of global trade, businesses rely on timely and secure payments to maintain liquidity and sustain operations. 

A dependable B2B payment solution streamlines the payment process, reducing the risk of delays or errors that could disrupt supply chains and business relationships. By providing a reliable mechanism for transferring funds internationally, these solutions instill confidence and trust among trading partners, thereby fostering long-term collaborations and driving economic prosperity.

Moreover, the seamless nature of transactions enabled by B2B payment solutions is crucial for promoting international trade. Navigating the complexities of international trade, particularly when it comes to paying suppliers in China from Africa, requires reliable and efficient B2B payment solutions. Here are seven such solutions tailored to streamline transactions between African businesses and Chinese suppliers:

1. Yogupay for Business

This is a comprehensive cross-border money transfer solution tailored for African businesses sourcing supplies from China. Offering seamless currency conversion, cost-effective transfers, and third-party invoice payment options, Yogupay for Business simplifies the process of paying Chinese suppliers for importers in countries such as Kenya, Ghana, South Africa, and Nigeria.

The platform is user-friendly, requiring business owners to select their preferred payment channel and deposit funds into their account. From there, they can easily add beneficiaries and supporting documents for fund transfers, swap currencies, and execute payments. Additionally, Yogupay offers the added benefit of over-the-counter (OTC) exchange services.

By seamlessly managing payments and receipts through their streamlined platform, Yogupay enables businesses to execute payments and receive funds globally, bypassing the need for multiple banking relationships and minimizing operational hurdles and expenses.

B2B Payment Solutions

2. Cedar Money

Cedar Money helps businesses with their money matters across different countries. They make it easier to do transactions quickly and without any problems, offering good exchange rates. Cedar focuses on giving businesses the right amount of foreign money they need to pay suppliers worldwide, which makes global trading smoother.

Normally, businesses face high fees and delays when making international payments, which can slow down their growth. But Cedar makes it simple to handle payments and money coming in, making transactions faster and less expensive.

Plus, they help businesses build trust with their customers by offering payment options in their preferred currencies. Cedar also ensures transactions happen safely and on time, and they offer solutions tailored to each business’s needs, whether it’s through their easy-to-use online platform or personalized services.

3. Klasha

Klasha is a tech company that helps global businesses with online transactions involving Africa. They’ve made it easy for businesses and people in Africa to send and receive money across borders without any hassle. With Klasha, international companies can accept payments from Africa using different African payment methods and currencies, and they can also send payments online and get paid in major currencies like dollars or euros.

Klasha’s goal is to make it just as simple to do business in Africa as it is in other parts of the world. They believe everyone in Africa should have access to global goods and services using their local money and payment methods. Right now, Klasha covers six African countries and offers payouts in over 120 currencies. They provide services like making quick payments to partners and suppliers, getting great exchange rates, and ensuring secure international payments.

4. Wise Business

Wise Business is an all-in-one solution designed to help businesses expand globally without the hassle of traditional banking. With Wise, businesses can make international payments to over 70 countries without worrying about hidden fees or exchange rate markups. 

They offer local account details for 9 different currencies, making it easy for customers to pay and for businesses to collect money seamlessly from platforms like Amazon and Stripe. Additionally, Wise Business provides tools for creating clever invoices, streamlining workforce collaboration, and faster reconciliation with accounting software like Xero or QuickBooks. 

With transparent fees and the real exchange rate, Wise Business empowers businesses to manage their finances efficiently and scale globally without the complexities of traditional banking systems.

5. Vella Finance

Vella Finance is a leading financial services provider in Africa, offering a complete financial system designed for big businesses across the continent. They aim to change how money works in Africa. Vella Finance makes it easy for businesses to handle their money, whether it’s collecting, spending, or managing funds both locally and globally. 

Their high-tech payment platform ensures that all transactions are safe and private. Businesses can quickly sign up to accept payments from around the world in different currencies. Vella Finance offers a range of financial tools to help businesses grow, whether they’re self-employed, small businesses, startups, or big corporations. 

It’s free to open an account with Vella, but there are fees for completed transactions, and they’re always upfront about those charges.

6. Aza finance

AZA Finance is a company that helps businesses from over 115 countries operate more effectively in developing markets. They do this by offering services like foreign exchange, treasury services, payments, and settlement solutions.

Their goal is to make it easier for businesses to manage their international transactions in places like Africa. They have online platforms and tools that make it simple for companies to handle their finances, even if they’re dealing with different currencies.

With their expertise and technology, AZA Finance provides reliable and cost-effective solutions for businesses looking to expand globally. 

Whether businesses use their website or application programming interface (API), they can access services like foreign exchange at competitive rates and enjoy same-day settlement. AZA Finance aims to make international business transactions smoother and more efficient for their clients.

7. Wapi Pay

Wapi Pay is a fintech company licensed by the Central Bank of Kenya and Bank of Uganda, operating across Africa and Asia to facilitate convenient payments between mobile money platforms and bank accounts. 

Their platform enables businesses to save time by reducing manual processing of cheque, cash, and bank transfer payments between Africa and Asia, offering real-time payments without delays or disruptions. With transparent pricing and fees, Wapi Pay aims to support business growth by transforming and expanding operations to reach over one billion users in Asia and 700 million users in Africa. 

By bridging the exchange of economic value between the two continents, Wapi Pay revolutionizes global payments, particularly within the China-Africa corridor, where it addresses the challenges of traditional payment channels, such as slow processing times and high transaction costs. Through their innovative product range and commitment to simplifying the remittance process, Wapi Pay strives to enhance trade and foster economic growth between Africa and Asia.


In today’s interconnected world, businesses operate on a global scale, engaging in cross-border transactions to access new markets, source materials, and expand their reach. Reliable B2B payment solutions remove barriers to trade by offering secure and efficient channels for transferring funds between buyers and suppliers across different countries and currencies. This not only enhances the agility and competitiveness of businesses but also stimulates economic growth by facilitating the flow of goods and services across borders.

Amidst the various options available for cross-border transactions, Yogupay for Business emerges as the preferred choice. While Cedar Money, Klasha, Wise Business, Vella Finance, Aza Finance, and Wapi Pay offer valuable services, Yogupay stands out for its tailored solutions for African businesses sourcing supplies from China. 

With seamless currency conversion, cost-effective transfers, and third-party invoice payment options, Yogupay simplifies paying Chinese suppliers for importers across Africa. Its user-friendly platform and added OTC exchange services enhance its appeal, making it the preferred choice for businesses seeking to streamline international payments and foster growth in the global marketplace.

As businesses continue to navigate the complexities of the international marketplace, the importance of dependable B2B payment solutions cannot be overlooked, serving as the linchpin for facilitating smooth and prosperous trade relations on a global scale.

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