Afrigather African funds big Flutterwave will enable Nigerian retailers to obtain funds from American Specific card clients because the bank card supplier continues its push into Africa.
In 2023, American Specific playing cards had been launched in Nigeria by way of a partnership with Entry Financial institution, and by Might 2024, AMEX had launched 4 new bank cards in Nigeria.
The corporate has additionally partnered with fee processors and banks on the continent, the place money remains to be the popular fee technique, in response to one Bloomberg report.
With the brand new partnership, Flutterwave retailers will unlock a brand new buyer base of American Specific card customers in Africa and all over the world. It’ll additionally give consumers extra fee choices when coping with Flutterwave retailers.
“That is one in every of our initiatives to make sure that extra folks internationally will pay utilizing Flutterwave in Africa. We perceive the worth of offering consumers with fee strategies that work for them, in addition to serving to companies to broaden their buyer bases, Olugbenga Agboola, Flutterwave CEO stated.
Flutterwave will later prolong the service to retailers in its different African markets—together with Tanzania, Rwanda, Ghana and Uganda.
“The collaboration is a win-win as a result of it additionally will increase the variety of locations the place our Card Members can use their Playing cards in Nigeria,” stated Briana Wilsey, Vice President and Common Supervisor of International Community Companies EMEA at American Specific.
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