Have you ever thought of setting up an e-commerce store and you got stuck at the point of selecting the most favourable payment method for your customers?
Have you ever thought of how you can improve your inventory management system, and eliminate the need to always send your account number to customers when doing business on Facebook, Instagram or other social media channels?
If you answered yes to any of the questions above, then you are in luck! This article is going to introduce you to a one stop payment solution that will solve all your problems and improve the chances of your customers going through with the purchase, thereby increasing your ROI.
What is Flutterwave?
Flutterwave is a payment solution company which provides technology, infrastructure and services to enable global merchants, payment service providers and Pan African banks provide seamless and secure transaction experiences for their customers.
Founded by Iyinola Aboyeji and Olugbenga Agboola, the fintech company, headquartered in San Francisco, with its largest operations center in Nigeria, has made it easier for Africans to build businesses capable of scaling the international barrier and accepting multiple payment options, anywhere from across Africa and around the world. It helps businesses in Africa expand their horizons and move to the global stage by smoothening the exchange of funds in more than 150 currencies. The world’s digital economy is progressing at a very fast pace, and it is a welcomed idea that flutterwave is striving to make African businesses operate at an inter-continental level by providing secure and flexible payment systems.
The company has two major products which has totally transformed the way online payment system is viewed in Nigeria and Africa at large. These two products areRave and Barter.
Rave
Rave by flutterwave is a payment solution technology that provides businesses with more opportunities by ensuring that customers in Africa and anywhere in the world can have a seamless and secure transaction experience by providing each customer with multiple payment options – whether it is directly from their bank accounts or mobile wallets, or through debit/credit payments from customers in over 150 countries using Visa, Mastercard or Verve.
Some of the key features that makes rave the payment gateway every business needs includes:
- Easily accept payments from customers anywhere across the globe.
- Customers can pay with their debit/credit card, bank account via ACH, or directly from their mobile money.
- Consolidated payment solution that allows you to accept payment from all channels where your business operates.
- Get started with no setup or monthly fee.
- 24/7 customer support.
Barter
Barter, fondly called Getbarter, is an app-based offering aimed at facilitating personal and small merchant payments within countries and across Africa’s national borders. Existing Visa cardholders can send and receive funds at home or internationally on GetBarter.
This makes life easier for people who wish to pay for subscription services such as Apple Music, Deezer, web hosting services and people that shop online on international stores. The product also lets non-cardholders (those with accounts or mobile wallets on other platforms) create a virtual card to link to the app.
Flutterwave has built a reputation for itself as a unique payments solutions platform that allows companies in Africa to transact with other companies on the continent and abroad by allowing clients to tap its APIs and work with its team of developers to customize payments applications. According to the company’s data, flutterwave has processed about 100 million transactions worth $2.6 billion since its inception. Existing customers include Uber, Facebook, Booking.com, African e-commerce unicorn Jumia.com, and a host of banking institutions including Access bank, First bank, Gt bank and UBA.
Like every other ground-breaking enterprise, flutterwave prides itself in its continuous development of products and payments solutions to further improve the way online transactions are done between businesses and their clients. Therefore, it is a payment solution provider that is highly recommended for everyone, from individuals to entrepreneurs, and medium scale businesses to global business institutions.
You can follow them on social media to keep in touch with their latest posts and updates.
Twitter - @theflutterwave
Facebook - @theFlutterwave
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