How businesses in China can accept payments in Africa

Over the years, cross - border payouts between China and Africa have been a nightmare:

• High transaction costs on bank transfers

• The payments would take about 3 -10 days to complete for traditional banks

• The burden of compliance was very heavy for businesses to bear

Today, we witness a rise of modern payment platforms that have turned the nightmares into operational possibilities, owing to the rapid digitization of the African market.

Three platforms stand out as the ultimate solution for businesses in China to accept payments in Africa:

Elemipay (ElemiTech)

With support payment collection and payouts across 13 African countries, that is, Uganda, Kenya, South Africa, Tanzania, Cameroon, Rwanda, Senegal, Burkina Faso, Togo, Guinea, Ivory Coast and Benin, it derives the title "Built for Africa"

• It offers real time payment tracking

• It has multiple payment methods, that is, mobile money (MTN, Airtel, Orange, MPESA), local cards, instant bank transfers

• It settles in USDT fostering faster settlement times

• It enables multi-currency support creating convenience for Chinese businesses

• Transaction costs are very low

• Onboarding is fast, easy and businesses go live quicker

To get started:

1. Go to elemitech.com and get started

2. Schedule a call with the team on Calendly as will be guided at the website

3. Create an account and submit KYC details (company registration, director ID, address).

4. Select the countries where you want to accept payments.

5. Integrate via API, dashboard, or payment links.

6. Choose your preferred settlement option (bank, USDT, or both).

Best for: Businesses that prefer crypto settlements, Betting and gaming platforms and any business that needs to collect payments from and send payouts to Africa.

Dusupay - Global payments with Africa

Very credible and trusted for processing payments in Africa.

• It has coverage in over 18 African countries making it convenient for Chinese businesses that have grossly spread all over Africa

• Supports both mobile money and international payments through VISA and Master Card

• It's track record at scale speaks volumes

• Their Dusupay Octopus product is a great solution for cryptocurrencies and bulk payouts.

• It enables customization of the API integration

• To protect your brand, Dusupay grants a white label option which protects the brand identity of Chinese businesses.

Best for: Business to Business Trade, Remittances, Cryptocurrency and e-commerce

To begin your journey:

1. Go to dusupay.com and get started

2. Sign up and complete business verification (company documents and IDs).

3. Choose between API integration, hosted pay pages, or payment links.

4. Test your integration in sandbox mode.

5. Go live and start collecting or sending money.

Flutterwave

It's core:

• Accept payments from various channels - Apple pay, Google pay, mobile money and bank cards.

• Ability to send money to bank or mobile wallet across Africa and globally

• Boasts of a flutter wave store that lets small businesses create free online platforms where they can sell their products while accepting payments.

• Reliable API infrastructure that allows for integration.

• Integration with e-commerce platforms like shopify.

To get started:

1. Go to flutterwave.com and sign up

2. Verify your business information and upload the required documents.

3. Enable payment methods like cards, mobile money, or bank transfers.

4. Integrate via API, SDK, or use payment links.

5. Set your settlement bank account or wallet preferences.

Best for: Businesses building Apps for its Developer friendly APIs and businesses that need to accept payments in Africa

From a comparison eye:

Features	Elemipay	Dusupay	Flutterwave
Focus	African built platform - 14+ countries	Both Africa and globally - 20+ African countries	8+ African countries and global scale
Payment channels	Bank, Mobile money and local cards	Mobile money, bank	Apple pay, cards, bank
Settlement options	Bank, USDT	Bank, Crypto, mobile	Bank
Key strengths	Unified API for Africa, USDT settlements and flexible for complex payout businesses	String cross border and remittance infrastructure	Very scalable due to online stores

All in all

The existence of these payment platforms has paved way for continued business growth from China to Africa and strengthened China's ties to Africa thus contributing to Africa's economic growth.

• High riskier businesses like gaming, Forex and crypto may find solace in Elemi pay.

• Standard e-commerce and service businesses in China would be safe with Flutterwave and Dusupay.

• Chinese businesses that carry out multi - country payouts in Africa on a very large scale may sway towards Dusupay for its heavy payment infrastructure.