Flutterwave has continued to integrate other payment services through partnership, enabling multi-payment options to make its platform useful across the globe.
On Thursday, the Africa’s leading fintech company announced that it has onboarded Google Pay, a mobile payment service developed by Google, as a payment method.
Under the deal, Google Pay will serve as an additional payment option for merchants on Flutterwave for business. In a statement, Flutterwave said this collaboration will offer safe and seamless payments, as well as convenient checkout experiences for customers.
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The digital payment giant described the system as a safe, simple, and helpful way to make contactless payments in-store and also payments in apps and on the web. Users store their cards for Google Pay in Google Wallet, a digital wallet app that is available on supported Android smartphones, tablets or watches.
“With this collaboration, Google Pay users in supported countries across the world can pay businesses on Flutterwave across Africa. With an average transaction completion time of three minutes, this integration is slated to reduce the cart abandonment rate for businesses on Flutterwave,” the company said.
This collaboration with Google Pay comes on the heels of Flutterwave’s integration of eNaira, Nigeria’s Central Bank Digital Currency, which the African unicorn announced earlier this month.
Founder and CEO of Flutterwave Olugbenga Agboola, said the partnership with Google Pay will pave the way for the company’s global adoption.
“The continued and rapid growth of Flutterwave is due to our commitment to building a platform with simplified payments for everyone. The GooglePay payment option will attract more international customers and increase the current success rates for businesses on Flutterwave. Integrating with Google pay will allow users across the globe to participate in the booming e-commerce ecosystem in Africa. It will enable us to further fulfill our promise of creating endless possibilities for all,” he said.
Explaining how it works, Agboola outlined these five steps:
- Get on a Flutterwave-supported website
- Select what you want to pay for
- Fill the order form
- Select Pay with Google Pay as your payment method
- Complete the payment with your Google Pay details.
“To get paid via Google Pay, Flutterwave merchants must manually opt-in on their dashboard,” he explained.
Flutterwave, as an Africa-focused payment company, is bridging the cross-border payment gap, bringing businesses across the globe close to Africa. In that course, it has processed over 200M transactions worth over $16B to date, serving more than 900,000 businesses, including customers like Uber, Flywire, Booking.com, etc.
Flutterwave has a key advantage of international payment processing in 150 currencies and multiple payment modes including local and international cards, mobile wallets, bank transfers, Barter by Flutterwave etc. This has created huge customer-base for the company in over 34 African countries, including Nigeria, Uganda, Kenya, and South Africa.
Powered by this ground-breaking growth that has put its value at $3 billion, Flutterwave recently moved to enlist on Nasdaq Stock Exchange.
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