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

Why we built this
Lost to hidden FX margins when paying through agents and bureaux de change.
Average wait between sending payment and confirming your goods are real.
First-time orders with new suppliers go wrong — wrong specs, no-shows, or scams.
Tradition redefined
Your CNY sits in a regulated vault until your goods are inspected and shipped.
Never wire to a ghost. Every factory and agent on our network is audited.
Skip the black market. Transparent near-interbank rates from Naira to RMB, in minutes.
Browse 1,240+ Chinese manufacturers we've already verified for you.
Money is held in escrow until your goods are inspected and shipped.
Live tracking from the factory floor to Apapa or Tin Can port.
No hidden margins, no agent commissions. The rate you see is the rate you pay — settled into your supplier's account in minutes.

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

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

Your CNY sits in a safe regulated account. Your supplier can see it's there but can't touch it.
Our team checks quality at the factory and uploads photos before anything ships.
Happy with what you got? Tap release. Your supplier gets paid the same day.
Open a dispute — our mediation team replies within 48 hours with a resolution.
From the factory gate in Shenzhen to your warehouse in Lagos. No more "let me check with the agent" calls.


| MagnetPay | Your bank | Local agent | |
|---|---|---|---|
| FX margin | 0.2–0.5% | 4–7% | Hidden |
| Payment speed | Minutes | 3–5 days | Depends |
| Escrow protection | Included | — | — |
| Supplier verification | Built-in | — | Word of mouth |
| Shipment tracking | Live | — | Phone calls |
"Finally, an app that gets Nigerian importers. The rate beats every bank I've tried."
"I stopped calling agents every hour. I just open the app and see exactly where my container is."
"Verified suppliers saved us from a ₦30M scam last month. Worth every kobo."
"My Guangzhou factory got paid in under 4 minutes. They thought I was joking."
"Escrow gave our new suppliers the confidence to accept first-time orders. Game changer."
"I run my entire China procurement from my phone now. Genuinely."
No monthly fees. No subscriptions. No hidden FX margins.
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.
Join 2,500+ Nigerian buyers and 1,240 Chinese suppliers already using MagnetPay.
Get started free →Takes 5 minutes · No card needed