Live · China–Nigeria corridor settling in under 10 seconds
Verified Trade Corridor

Buy from China.
Pay from Nigeria.

One app to source suppliers, pay in CNY from your Naira balance, and track every shipment to Lagos — with escrow on every order.

Today's rate Live
₦1,000¥7.42
Get started free

Free to start · No card needed · Approved in 5 minutes

Nigerian merchant receiving goods from a China shipment
Verification · Escrow · Settlement
FLOW · 04 MIN
CN
Received
¥82,400.00
NG
Sent from Lagos
₦11,107,200
CNY/NGN ↑ 195.42USD/NGN ↓ 1,604.20USDT/NGN ↑ 1,482.10Paid out this week $2.1MContainers in transit 1,402
CNY/NGN ↑ 195.42USD/NGN ↓ 1,604.20USDT/NGN ↑ 1,482.10Paid out this week $2.1MContainers in transit 1,402

Importing from China shouldn't mean cash agents, WhatsApp middlemen, and praying your container shows up.

Why we built this

15%

Lost to hidden FX margins when paying through agents and bureaux de change.

42 days

Average wait between sending payment and confirming your goods are real.

6 in 10

First-time orders with new suppliers go wrong — wrong specs, no-shows, or scams.

We built the bridge you actually need.

Tradition redefined

Escrow on every order

Your CNY sits in a regulated vault until your goods are inspected and shipped.

Verified suppliers

Never wire to a ghost. Every factory and agent on our network is audited.

Live FX settlement

Skip the black market. Transparent near-interbank rates from Naira to RMB, in minutes.

How MagnetPay works

Source. Pay. Ship.

01

Source

Browse 1,240+ Chinese manufacturers we've already verified for you.

02

Pay in CNY

Money is held in escrow until your goods are inspected and shipped.

03

Ship to Lagos

Live tracking from the factory floor to Apapa or Tin Can port.

What your Naira is really worth

Most buyers save 4–6% per order vs their bank.

No hidden margins, no agent commissions. The rate you see is the rate you pay — settled into your supplier's account in minutes.

0.2–0.5% transparent FX margin
No monthly fees, no subscriptions
Settled in minutes, not days

Rate calculator

Live
NGN
CNY
Our fee (0.2%)₦ 2,000
You save vs your bank₦ 68,400
Send money now →
Nigerian buyer in her Lagos shop
Lagos · Ojota
Adaeze N. · Procurement

"I run my entire China procurement from my phone now. Genuinely."

For buyers

Run your imports from one app.

  • Save 4–6% vs your bank on every CNY payment
  • Every order protected by escrow — automatically
  • Form M and customs paperwork pre-filled for you
  • Chat your supplier in English, they read it in Mandarin
I'm a buyer →
For suppliers

Sell to Nigeria without the headaches.

  • Get paid in CNY, straight to your Chinese bank
  • Only deal with KYC-verified Nigerian buyers
  • Simple dispute resolution if things go sideways
  • Your storefront + RFQs in one inbox
I'm a supplier →
Guangzhou factory floor
Guangzhou · Baiyun
Mei L. · Export Director

"My factory got paid in under 4 minutes. They thought I was joking."

How escrow works

Your money is safe until your goods are.

Shipping container loaded at port
01

You pay into escrow

Your CNY sits in a safe regulated account. Your supplier can see it's there but can't touch it.

02

We inspect the goods

Our team checks quality at the factory and uploads photos before anything ships.

03

You release the funds

Happy with what you got? Tap release. Your supplier gets paid the same day.

04

Something off?

Open a dispute — our mediation team replies within 48 hours with a resolution.

Live shipment tracking

Know exactly where your container is.

From the factory gate in Shenzhen to your warehouse in Lagos. No more "let me check with the agent" calls.

Location
Hong Kong
Arriving
Oct 24
Carrier
COSCO
Containers
1,402
Guangzhou to Lagos corridor map
Container ship at dawn
In transit
22.39°N · 114.10°E
COSCO Shipping Aries · ETA 6 days
MagnetPay vs the old way

Why thousands stopped using banks and agents.

MagnetPayYour bankLocal agent
FX margin0.2–0.5%4–7%Hidden
Payment speedMinutes3–5 daysDepends
Escrow protectionIncluded
Supplier verificationBuilt-inWord of mouth
Shipment trackingLivePhone calls
Loved on both sides

Merchants who stopped guessing.

"Finally, an app that gets Nigerian importers. The rate beats every bank I've tried."

O
Obinna E.
ElectraLine, Lagos

"I stopped calling agents every hour. I just open the app and see exactly where my container is."

S
Sarah W.
Logistics Manager

"Verified suppliers saved us from a ₦30M scam last month. Worth every kobo."

C
Chidi K.
Operations Director

"My Guangzhou factory got paid in under 4 minutes. They thought I was joking."

M
Mei L.
Export Director

"Escrow gave our new suppliers the confidence to accept first-time orders. Game changer."

T
Tunde A.
Stridelagos

"I run my entire China procurement from my phone now. Genuinely."

A
Adaeze N.
Procurement Lead
Pricing

Free to start. Pay only when you trade.

No monthly fees. No subscriptions. No hidden FX margins.

From
0.4%
per order. That's it.

Common questions

How do you get such good rates?+
Is my money actually safe in escrow?+

Yes. Your funds sit in a separate, regulated account at our partner bank. Neither you, your supplier, nor MagnetPay can move them unilaterally — release only happens after you sign off, or after a dispute is resolved.

Which Nigerian ports do you support?+
What do I need to sign up as a business?+
How long do payouts to China actually take?+

Your next order,
the easy way.

Join 2,500+ Nigerian buyers and 1,240 Chinese suppliers already using MagnetPay.

Get started free →

Takes 5 minutes · No card needed