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Flutterwave announced a groundbreaking partnership to revolutionize online payments in Nigeria and beyond, a game-changing move for the African digital economy. The fintech powerhouse has joined forces with American Express, enabling Flutterwave’s online merchants in Nigeria to accept payments from American Express Card Members. This collaboration marks a significant milestone in Flutterwave’s ongoing mission to bridge the gap between African businesses and the global marketplace.
The newly launched service allows American Express cardholders—whether they’re wielding consumer, business, or corporate cards—to make direct payments to e-commerce businesses operating on Flutterwave’s platform in Nigeria. But that’s not all—Flutterwave will shortly expand this service to merchants in Tanzania, Rwanda, Ghana, and Uganda, further cementing its position as a pan-African fintech leader.
Olugbenga ‘GB’ Agboola, the visionary founder and CEO of Flutterwave, couldn’t contain his excitement about the partnership. “At Flutterwave, we’re always looking for innovative ways to connect Africa to the world through payments,” Agboola declared. He emphasized the dual benefits of this collaboration – providing shoppers with more payment options while helping businesses broaden their customer base.
For Flutterwave merchants, this partnership is nothing short of a golden ticket. It opens up a whole new world of potential customers – American Express Card Members from across Africa and around the globe. This includes individual consumers, businesses, and corporate spenders, subject to the usual terms and conditions.
Conversely, shoppers now have more choices when making online purchases. This increased flexibility will enhance the overall shopping experience, potentially driving up sales for businesses using the Flutterwave platform.
But the benefits continue beyond there. This collaboration also strengthens American Express’s foothold in Africa, expanding the locations where their Card Members can swipe, tap, or click to purchase various goods and services. It’s all part of American Express’s broader strategy to grow its regional presence and offer more payment choices to businesses and consumers.
Briana Wilsey, who holds the position of Vice President and General Manager of Global Network Services EMEA at American Express, highlighted the win-win nature of this partnership. “By teaming up with Flutterwave, a trusted payment provider, we’re opening doors for e-commerce merchants in Nigeria to reach American Express Card Members worldwide,” Wilsey noted. She also pointed out that this collaboration increases the number of places American Express Card Members can use their cards in Nigeria – a clear victory for cardholders.
Flutterwave’s track record speaks volumes about its ability to facilitate this expansion. The company has already processed a staggering 630 million transactions, totaling over $31 billion in value. Its client roster reads like a who of global and African business success stories, including Uber, Air Peace, Bamboo, and PiggyVest.
This Flutterwave-American Express alliance is more than just a business deal – it’s a significant leap towards fully integrating African e-commerce into the global digital economy. By streamlining the payment process for American Express cardholders and boosting the capabilities of Flutterwave merchants, this partnership is set to turbocharge the growth of online businesses in Nigeria and, eventually, across multiple African nations.
As Flutterwave continues its mission to connect Africa to the world through innovative payment solutions, this collaboration with American Express is a shining example of its forward-thinking approach. It’s not just about expanding payment options – it’s about opening up new avenues for growth, enabling merchants to start locally but think globally in an increasingly interconnected digital marketplace.
This partnership embodies Flutterwave’s commitment to breaking down barriers and creating opportunities for African businesses. By bringing American Express into the fold, Flutterwave is not just facilitating transactions – it’s paving the way for a new era of African e-commerce, where local businesses can compete globally with the same tools and opportunities as their international counterparts.
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