Of course, the company will claim they're legit. "Geegpay is designed with security in mind. From end-to-end encryption and regulatory compliance to smart monitoring tools and fast support, everything is built to protect your data, your money, and your peace of mind," the company claimed.
But what about the users reviews? What are people saying about the Geegpay platform? Are they really finding the app useful and secure? This article will walk you through everything you need to know about Geegpay's legitimacy in Nigeria. Let's dive into it.
Is Geegpay Legit in Nigeria?
Before we dive into the full details, let's talk briefly about the company and what they do. Geegpay is a financial technology (Fintech) company owned by Raenest—a modern and multi-currency platform for Africans that makes managing money across borders easy.
Geegpay is Raenest’s consumer‑focused app, built and designed for freelancers, content creators, digital nomads, and gig workers in Africa. The app provides digital bank accounts in USD, GBP, and EUR; instant FX conversion; virtual dollar cards; withdrawals to local banks or mobile money in Africa; billing automation; and bill payment features.
Is Geegpay Legit or Not?
Geegpay is a legit remittance service that allows freelancers, creators, and businesses to receive money from their clients or business partners abroad. I will tell you why Geegpay is legit, safe, and trusted. Aside from the user reviews—which I will be explaining further—and its affiliation with Raenest, Geegpay is a registered and recognized fintech company operating in Nigeria and other African countries.
Geegpay's parent company—Raenest—is a registered company incorporated in the United States—with a Money Transmitter License (MTL)—and Nigeria—with an International Money Transfer Operator (IMTO) License and compliance with Anti-Money Laundering (AML).
To further solidify Geegpay's legitimacy, Raenest—its parent company—has received funding from reputable investors to expand Geepay and has been featured in international fintech media. These alone are enough to prove that Geegpay is a legit remittance app for freelancers in Nigeria and Africa at large.
Geegpay's Reviews
According to Trustpilot, a review website that hosts reviews of businesses worldwide, "most reviewers were somewhat happy with their experience overall" with the Geegpay services. However, some users are complaining about missing payments and refunds.
On app stores, Geegpay has 4.5 stars, and many users have complimented the app for its great services.
In a nutshell, Geegpay is a legit, safe, trusted, and not-a-scam remittance app for freelancers and businesses. The app helps people in Nigeria receive payment from their clients and merchants. However, the platform's reviews are totally based on individual opinions and experiences using the app.
FAQs
What is the Geegpay minimum withdrawal?
Geegpay requires that you maintain a balance of at least $1 on your Dollar Card in order to keep it active. You can withdraw any amount above this threshold, but the card must retain that $1 minimum.
,What is Geegpay's card funding and spending minimum?
Geegpay imposes a minimum of $5 card funding, a $0.5 card funding fee, and a $0.5 card spending fee. So, if you're using the Geegpay USD Card for your international transaction, you should note all these limits and add them to your calculations.
Geegpay vs. Grey: Which is better?
Geegpay vs. Grey—both are popular platforms used by freelancers, remote workers, and digital nomads in Africa to receive and manage international payments. While they offer similar services, they each have distinct strengths. While Geegpay is best for Nigerians looking for value, virtual cards, and better FX, Grey.co is best overall for those wanting broader geographic remittance support.
