The Small Business Guide to Paying Global Suppliers Without Stress

Running a small business is hard enough without payment headaches. From sourcing raw materials to importing finished products, small business owners often rely on suppliers outside their home country. Even while the world has become more connected, paying suppliers globally can still feel like a nightmare.

The average cost of sending money across borders, especially in Africa is high. Add in delays, middlemen, hidden charges, and unfavorable exchange rates, and small business owners often lose both money and time they simply can’t afford.

If you’re running a small business, every dollar counts. The last thing you need is for supplier payments to get stuck in limbo or eaten up by fees. That’s where Bitnob comes in, a smarter way to pay suppliers quickly, affordably, and stress-free. In this blog, we’ll be discussing how the business guide that small business owners need to ealy pay global suppliers without stress using Bitnob. 

The Problems Small Businesses Face with Paying Suppliers

High Transaction Fees
Traditional banks and remittance services often charge steep fees for international transfers.   On small margins, these costs eat into your profits.

Slow Processing Times
Payments can take days or even weeks to clear. Suppliers may delay shipments until funds land, slowing your operations.

Poor Exchange Rates
Most providers mark up exchange rates significantly, which means you spend more for the same payment.

Unreliable Access

In some markets, suppliers don’t even have easy access to international banking. This makes cross-border payments even harder.

Why Bitnob is the Stress-Free Solution

Bitnob helps small businesses move money across borders instantly, reliably, and affordably. Here’s how:

Pay Suppliers in Minutes
Instead of waiting days, your suppliers can receive funds instantly in their local currency.

Better Rates, No Hidden Fees
With Bitnob, you enjoy transparent rates and avoid unnecessary charges that traditional channels sneak in.

Multiple Currency Options
Whether your supplier prefers USDT, BTC, GBP, EUR, XOF, XAF, GHS, KES, UGX, NGN or many more, Bitnob makes it easy to send and settle payments directly.

Direct to Mobile Money or Bank
Suppliers across Africa can withdraw funds into their mobile money wallets or bank accounts in their local currency. No middlemen, no confusion.

How to Transfer Money From Bitnob to a Recipient in an African Country

• Tap on the “Transfer” button on the Quick Links section of the homepage
• Tap on “Transfer to Bank or Momo”
• Tap on “Change currency” to select the country of the account or mobile money wallet you want to transfer money to
• Fill out the amount you’d like to transfer, then tap on “Continue”
• Select the account or mobile money provider and fill out the details of the account your want to send money to. If this person would be someone you intend to send money often, then tap on “Save as beneficiary” to make make the person a beneficiary. 
• Tap on “Proceed to Transaction Note” to add a note on the transaction
• Review the transaction summary and then tap on “Proceed” to initiate payment to the account or mobile money wallet. 

Virtual Debit Card

Another key international payment method is the Bitnob virtual card. They are digital payment cards that offer a convenient and secure way to make online purchases. Creating a virtual card on Bitnob is quick and easy, eliminating the need to visit a physical bank to get a physical card for your online transactions. 

One of the primary benefits of using the Bitnob Virtual card is enhanced security. So, there's no risk of it being lost or stolen. This reduces the chances of unauthorized access to your account information. You can fund it with your Bitnob wallet balance and use it for international online payments at websites that accept Visa or Mastercard.

How to Create a Bitnob Virtual Card

• Tap on “Cards” on the Quick Links section of the homepage
• Click on “Create a new virtual card"
• If you’ve not done your KYC, you’ll be requested to complete your KYC.
• Enter the amount you want to fund your card with then tap on “Next Create Card”. You can top up a minimum of $3 and a maximum of $1,000.
• Personalize your card then tap on ‘Next - Confirm your transaction pin’
• Enter your transaction pin

You’ve successfully created your virtual dollar card and funded it. It’s now all set and ready to use. 

Final Thoughts

Paying global suppliers shouldn’t be a headache or a financial drain. With Bitnob, small businesses get a faster, smarter, and more affordable way to settle cross-border payments. Whether you’re sourcing fabrics from Ghana, electronics from China, or raw materials from Senegal, Bitnob makes it seamless.

Running a small business is tough, but your payments don’t have to be. Start paying your suppliers stress-free with Bitnob today. Download the Bitnob App now to get started