Nigeria is the leading source of international students in Africa. More than 12,000 of her students are enrolled in the UK, and over 89 percent aspire to study abroad.
But while this number keeps growing year after year, many can’t pursue their study abroad dreams because of restrictions on international transactions.
Besides the restrictions, inflation is also ravaging the country’s economy. These put together, made business dealings challenging, including paying for services like school fees abroad.
This was the case when Sunday Paul Adah, CEO of Pay4Me, visited Nigeria in 2020. During his visit, a friend contacted him to help them pay their tuition abroad. According to the friend, paying school fees abroad from Nigeria was a hassle because CBN has placed a cap on foreign currencies.
Paul facilitated the payment for his friend, but more people reached him with similar payment problems. This made him realize there was a potential market for cross-border payments in Nigeria.
Realizing this market and trying to tackle the payment hurdle for international students, Paul built the Pay4Me App.
The Pay4Me App, launched in 2021, is a payment platform that helps international students make cross-border and travel-related payments. The platform allows students to pay for WES, SEVIS, tuition, application, and visa fees.
Contrary to the regular Nigerian payment apps, Pay4Me is different and offers unique offerings to its users. On the platform, students can process their tuition, application, visa, and other fees in less than 10mins — in their local currency. They are not required to source or pay in foreign currency because Pay4Me handles that for them.
Additionally, students can access funding opportunities via the platform to support their education abroad. They can also receive allowances from their sponsors via the app.
Paul Sunday noted that the Pay4Me App is a one-stop solution for international students to process payments to foreign universities, colleges, and agencies. In his words:
“Pay4Me is safe, transparent, and fast for making payments abroad. When you initiate transactions on our app, we process them immediately without putting you through any paperwork.”
To use the Pay4Me App, students should go to the App store or Play Store, download the application, and sign up with their email addresses.
Afterward, they can log in, select a payment option (like SEVIS, WES, or tuition), input payment instructions, and pay in their local currency. Alternatively, students can pay with a bank transfer or cryptocurrency. Pay4Me will process payment transactions in less than 10mins.
Connect with Pay4Me via their website and follow them on social media.
Facebook: https://www.facebook.com/Pay4meap/
Linkedin: https://ng.linkedin.com/company/pay4meapp
Twitter: https://twitter.com/pay4meapp