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Flutterwave’s vision is to make it easier for Africans to build global businesses that can make and accept any payment, anywhere from across Africa and around the world.
Flutterwave, founded in 2016, boasts of a team of ex-bankers, entrepreneurs and engineers.
Below are the features that make Flutterwave stand out as a payment processor.
Flutterwave checkout is the easiest way to collect payments from your customers anywhere in the world. On web and mobile.
Paystack supports Card, Bank Account, Bank Transfer, USSD, Mpesa
Collect payments in over 150 currencies all over the world.
As a business owner, you can collect payments from customers in over 150 currencies, including Naira, Dollars, Pounds, Euro and Yuan.
Virtual Mastercard and VISA cards
Barter by Flutterwave is an innovation that allows you to create virtual cards for online transactions.
Flutterwave allows users to create cards for a team, add spending limits, and make them site-specific.
Using the Flutterwave API, you can instantly create and manage virtual cards. Cards can be used instantly through mobile wallets and global websites.
FinTech business Integration
With just a few lines of Issuing API code, the possibilities for your new FinTech business(es) are endless.
Flutterwave allows users to send invoices in multiple currencies to customers easily, this helps create a professional feel to the process of accepting the payment
Flutterwave integrates well with a number of platforms, a number of them are Shopify, Sage, Xero, Quickbooks by Intuit, Zoho, Squarespace
How much does Flutterwave charge per transaction
For Local transactions Flutterwave charges 2.9% per transaction. The maximum charge for each transaction is also capped at NGN2000
For International transactions, Flutterwave charges 3.8% per transaction. When making international transactions, Flutterwave is clightly cheaper compared to Paystack, however for local transactions, paystack is very much cheaper compare to Flutterwave.
Is Flutterwave legit
Flutterwave is a legitimate company registered with the appropriate regulatory institutions.