Before, it was difficult to make payment to a foreign company to purchase goods and services. But today, with the help
of electronic wallets, one can make payments for online purchases of goods and services quickly and effectively.

E-wallet is a type of pre-paid account in which a user can store his or her money for any future online transaction. You can easily set-up an E-wallet account  by installing the software on your device and enter the relevant information required. Alternatively,  you can visit the wallet’s website and register to open an account.

Before you choose a particular wallet as payment system, you need to consider whether your merchant(the person or
company you want to transfer money to) has that same wallet. For example, if you like to have a Perfect Money account,
your merchant should also accept Perfect Money on their platform as a means of payment.

Although we have over hundred electronic wallets in the world. However, there are few wallets that are mostly used by Nigerians online. You can fund or withdraw from the wallets in Nigeria through e-currency exchangers. They are:

1. Paypal
2. Payoneer
3. Neteller
4. Skrill
4. Perfect Money
5. Okpay
6. Webmoney
7. Payza
8. AdvCash
9. Payeer



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