Why money remittance companies should rely on Elemi Pay when sending money to Nigeria
- ElemiPay
- Oct 3
- 3 min read
Globally, Nigeria is very significant when it comes to the remittance market. Nigerians in the diaspora constantly send money back home to their families or for investing thus contributing to the country's economic growth.
This presents a unique opportunity for remittance companies in the UK, US, Germany, Canada and other major economies to look out for payment gateways that can ease their access in Nigeria on the fronts of regulation, speed, Integration, expertise and convenience.

Infrastructure and technology
Elemi Pay allows for seamless and robust API integration no matter the volumes being processed monthly or even daily. It's scalability to meet the companies' needs in Nigeria is top notch.
This enables smooth, cost friendly and time saving operations.
Multi - channel payouts
Is your preferred payment method Mobile money, Credit and debit cards or Online banking? Elemi pay got you covered.
Its single integration will give you access to Nigeria's payment structure.
Cost efficiency and effectiveness (Regulations and security)
Remittance companies are always looking to avoid the complexities that come with maneuvering the element of compliancy in different countries with AML (Anti-money laundering and KYC (Know your customer). Elemi pay upholds all necessary licenses and approvals to operate in Nigeria's financial sector.
Time spent on how to acquire all approvals can be best put on how to expand and grow in the rising economy of Nigeria.
Extensive market reach
Elemi pay will give you access to over 12 African countries including Nigeria.
Its single integration will enable you expand and spread your wings into the other African countries not forgetting their extensive network of payout partners.
This will give you coverage in key remittance corridors.
Built for high volume and high-risk businesses
Money remittance runs a risk of fraudulent exposure and also high scrutiny on regulations which makes Elemi pay perfect for that nature of business with their robust infrastructure that can handle enormous transactions without jeopardizing performance and overall security.
All transactions are met with international security standards owing to the platform's PCI-DSS certification. This leaves little room for fraud and data breaches.
Competitive Transaction Pricing
Elemi pay has the most competitive transaction fees in comparison to multiple providers. In Nigeria, transaction fees take precedent in decision making in regard to which platform to use. Choose a platform that is reliable and very convenient at the same time bettering the company's profit margins.
Real - Time Transaction processing
In this fast-paced way of living across the globe, everyone appreciates speed. Nigerian recipients expect their funds to arrive on time. Anything short of that will damage the company's reputation in the long run affecting retention.
Elemi pay's infrastructure enables real-time transaction processing. This improves overall efficiency for the remittance companies and also reduce customer complaints.
Advanced Fraud prevention and Risk Management
Elemi pay has a sophisticated fraud detection and prevention mechanism which supports:
Real-time transaction monitoring
Machine learning-based anomaly detection
Multi-factor authentication options
Configurable transaction limits and velocity checks
Comprehensive audit trails for compliance reporting
These features protect from fraud and ensure a smooth flow of transactions.
Elemi white label
Remittance companies are able to strengthen and foster their brand thus improving visibility and in turn credibility in the eyes of the recipient. This means fully branded customer experience from the initial transfer to the last.
Brand recognition
Brand consistency
Brand visibility
Enjoy Elemi Pay's Unique existing points in relation to solving remittance company challenges like speed, cost of transaction, coverage in terms of market limitations and convenience. As a remittance company, power your growth and expansion in Nigeria. learn more about Elemi pay and you will get a first-class VIP experience.




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