Flutterwave: Connecting Every African To The Global Economy Through Secure Digital Payment Technology

Published on Sep 27th, 2019 02:17 AM

Flutterwave provides easier, seamless and secure payment solutions to banks, businesses and their customers. Flutterwave is licensed by Visa and Mastercard, and PCI-DSS Level 1 Certified.

Flutterwave provides easier, seamless and secure payment solutions to banks, businesses and their customers. Flutterwave is licensed by Visa and Mastercard, and PCI-DSS Level 1 Certified.


Why Flutterwave?

Why do you need a payment gateway as a business? Remember when you want to make or receive payments abroad but don’t know how to go about it? Have you ever got stuck on where to make secured payments not to fall into “fraudsters trap”? Don’t worry anymore as Flutterwave has got you covered. Herein below are some of the reasons why you need Flutterwave:  

• Secure and reliable transaction processing

• Convenient for customers in Nigeria and abroad

• Easy account reconciliation and generation of report

• Multiple-currency payments and multiple payment methods

• Payments collected from different avenues appear in one dashboard

• Convenient execution process for customer dispute resolution/refunds 

• Full merchant protection, by tools and humans, from misuse and fraud attempts 

• Instant settlement assures no delay in money availability once customer made payment


Products

1. Rave: is an easiest way to make and accept payments securely and reliably from customers anywhere in the world. It accepts all payment methods: in real life, in your app/website or on your social media. It also allows merchants to have full control and gives complete payment journey optimization capability from accepting payments to settling funds.

2. Barter: is an app that helps you manage your finances which will make you focus on enjoying your life and worry less on how to spend. It enables instant transfer of money to friends near you, allows you to fully control your spending, gives you detailed reports of your spending pattern and insights. Also, you can acquire easily repayable short-term loans and get tips for managing your finances via Barter.


Achievements

In the 1st 9 weeks, Flutterwave witnessed over 20 thousand transactions with almost 100% success rate (with 99.6% in 1st week). Other achievements recorded include, not limited to, the following:

  • Partnership with Alipay (Alipay): this partnership gives Flutterwave merchants access to over 1 billion potential customers.

  • Partnership with Afropolitan Group (Afropolitan Group): are you a fan of lifestyle and entertainment, everybody is! With this partnership, Flutterwave will exclusively process your payments from anywhere in the world for Afropolitans’ events (like Detty Rave, Afro Nation, Afrochella) thereby bridging the gap between Africa and the diaspora in lifestyle and entertainment.

  • Partnership with PayAttitude (PayAttitude): you don’t have a bank account? Don’t worry as this partnership now enables you to make successful payments using only your phone number.

  • Partnership with Metro Africa Express (MAX): MAX is an on-demand delivery service in Nigeria that’s trying to bridge the gap of Africa’s logistics industry by making motor-taxis accessible, safe and affordable. MAX partnered with Flutterwave to improve their security by reducing the number of cash payments carried by their drivers.

Pros

  • Everyone can accept payments from anywhere in the world
  • Users don’t need much know-how (education) to complete transactions
  • Customers can be paid with just a phone number as not everyone has a bank account
  • You can Pay with Bank Transfer (almost 100% success rate has been recorded in the 1st 9 weeks)

Cons

  • There is difficulty in processing payments on goods bought from outside Africa. Flutterwave tries to solves this by providing easy-to-use platform for processing payments anytime, anywhere
  • Pricing is not affordable but with flutterwave, the pricing is affordable to everybody.

As an individual or business owner, you can join the flutterwave's transformational revolution in the seamless and secure payment solution technology in Africa by signing up here. You can also contact flutterwave at 1323 Columbus Avenue San Francisco, CA 94133 or 8 Providence Street Lekki Phase 1 Lagos, NG (+23412809030).