Solutions / Importer

Use Case - Importer

Pay Global Suppliers Easily

Import goods from China, the US, and Europe without high FX rates. Upesa's FX conversion ensures fast, competitive payments.

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THE CHALLENGE

Paying international suppliers is hard.

Importers lose thousands every year to hidden fees, poor exchange rates, and payment delays that hold up entire supply chains.


Poor FX Rates

Banks and traditional remittance services charge 3–8% in hidden FX margins. On a $10,000 order that's up to $800 lost.

Slow Settlements

International wire transfers take 3–5 business days. Delayed payments can hold up shipments and damage supplier relationships.

No Rate Transparency

You never know the exact rate until after the transaction. Surprise fees and rate changes make budgeting impossible.

RELEVANT FEATURES

Key features for importers

These Upesa features are specifically valuable for importers managing international supplier payments.

Virtual Accounts (USD, EUR, GBP)

Virtual Accounts (USD, EUR, GBP)

Hold funds in various currencies for payments.

Stableswap

Stableswap

Swap USD and NGN before payments. Optimize holdings for efficiency.

Global Payout

Global Payout

Send money to your supplier's bank account in local currency. Enjoy competitive rates, transparent fees, and fast settlement.

Secure Wallet with MPC Technology

Secure Wallet with MPC Technology

Funds are secured with Multi-Party Computation. No single point of failure keeps your capital safe.

Virtual Account
HOW UPESA SOLVES IT

Supplier payments built for importers

Stop losing money on every transaction. Upesa gives you competitive rates, transparency, and speed — all in one app.

30+ Supported Corridors

30+ Supported Corridors

Send payments to China, the US, Europe, and 17+ other countries. All major import corridors are covered with dedicated banking partners for each region.

Embedded FX Conversion

Embedded FX Conversion

Convert your USD or NGN to local currency automatically. No need to pre-fund separate accounts or manage multiple currency balances.

Full Rate Transparency

Full Rate Transparency

See the exact FX rate and total fees before you confirm any payment. No surprises, no hidden charges — just clear, competitive pricing every time.

Compliance & Security

Compliance & Security

Every payment is screened against OFAC and UN sanctions lists. AML checks and full audit trails ensure your business stays compliant at all times.

Full Payment History

Full Payment History

Track every payment with detailed status updates and transaction records. Search, filter, and export your full supplier payment history at any time.

Same-Day Settlement

Same-Day Settlement

US, China, and Europe payments all settle within T+0 (the same business day). Keep your supply chain moving without waiting days for funds to clear.

HOW IT WORKS

Pay your first supplier in minutes

Setting up Upesa as an importer is simple. Follow these steps and make your first international supplier payment today.

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1

Download & Sign Up

Download Upesa from the App Store. Create an account.

2

Complete KYC Verification

Verify your identity in 5 minutes with your ID and selfie.

3

Fund Your Wallet

Add USD or NGN via bank transfer. Your balance is ready.

4

Enter Supplier Details

Select Global Payout, enter bank details, country, and amount. Check FX rate and fee.

5

Confirm & Track

Confirm payment and track. Supplier gets funds in T+0 (the same business day).

FAQ

Frequently asked questions

Everything you need to know about paying suppliers with Upesa.

You can pay suppliers in 30+ countries including China (CNY), the US (USD), and across Europe (EUR), with dedicated banking partners for each region. More corridors are added regularly.