What Is the Rave About Flutterwave?
When considering a suitable, fast, easy to use, cross-platform and merchant friendly secure and convenient online payment gateway, look no further than Flutterwave.
Flutterwave is a financial technology firm on a mission to provide a complete payment solution to its users, enabling them to thrive in the global economy.
Our mission is to inspire a new wave of prosperity across Africa by building payments infrastructure to connect to the global economy. Flutterwave
As evident in its mission statement, Flutterwave prides itself as the number one provider, saddled with the responsibility to ease the process of making and receiving payments in Africa. It does this with its serving of various financial products which cater to the online payment needs of its users.
Starting operations in three African countries: Nigeria, Ghana and Kenya. It is believed that expansion to other countries within the continent is a big part of later plans following the addition of the Johannesburg office.
In the core of key expansion strategies, is a partnership with local and international financial institutions such as banks, Online Merchants and developers on its platform.
Since the commencement of operations in 2016, an estimated $2.5B in payments has been processed, 100M transactions processed, 50 partner banks in Africa, including 1200+ developers who build on the Flutterwave platform.
Flutterwave Modern Payment Products Offered
The online payment sphere has experienced a lot of advancements since the days of Interswitch and numerous players including new entrants such as Paystack and Flutterwave. True to its mission, Flutterwave has made available payment solutions to enable its users to compete and thrive in the global online payment economy. These solutions include:
- Rave by Flutterwave
- Barter by Flutterwave
The about products offerings, allow users such as individuals, corporates and merchants perform functions online seamlessly such as acceptance of payments, making payouts and management of business funds, all from the singular flutterwave integrated platform all over the world.
RAVE by Flutterwave:
Rave is a Payment solution by Flutterwave which opens up the business to more opportunities by making it easy to accept a wide range of payment options from customers all over the globe.
Rave integrates seamlessly making sure payments can be received in Person, in-app/website and on social media. Over 150+ international currencies are supported on the platform.
Rave by flutterwave, eliminates the nightmare of high conversion fees experienced when transacting involving foreign currency payments by making sure merchants/users can receive funds in their local currency.
With no setup fees charged, users can start immediately receiving payments while only being charged for successful transactions.
To create an account on the Rave platform click here.
An estimated 26,000 merchants exist on the Rave platform.
BARTER by Flutterwave
Barter by Flutterwave is a free mobile phone-based app with over 30,000 active users which let you make one-off and/or automate periodic recurring payments to various payment gateways and vendors all from the integrated platform from the in-app wallet. It now also has an added feature which lets you borrow or obtain short-term personal loans.
The Bater app can be synced with your bank account from which users can manage and monitor funds in their local currency using the smart reminder feature.
Barter app Download links
Barter app is available on both:
Ios: Download Barter on IOS
Google Play Store: Download Barter on PlayStore
Virtual Payment Card
A virtual payment card is instantly created for a user upon sign up. This card can be funded and used online to make payments and purchases.
Another really cool feature on this app is the creation of virtual cards for specific partner merchants such as Netflix, Facebook, Amazon, Asos, Uber, DSTv, Jumia, Recharge Card purchases etc. Users can simply fund these specific virtual cards and use them to make payment to the specific vendor or merchant from the platform.
Peer to Peer Payment
This feature on the Barter app allows users to make payment or request payment from following users known to them, the near-by feature also lets users find people near their locations and can also make or request payment.
Flutterwave with its products: Rave by flutterwave and Bater have proven to be leading contenders and positioned strategically as the preferred B2B payment solutions platform for African companies who seek to make both local and international payments.
Posting these impressive stats, it thus requires little more to convince anyone.
