Flutterwave, recognized as Africa’s premier payments technology company, has made a significant announcement today regarding its online merchants operating in Nigeria. The company has revealed that these merchants can now accept payments made via American Express. This means that American Express Card Members, whether they hold consumer, business, or corporate cards, will now have the ability to seamlessly make payments directly to various e-commerce businesses that utilize Flutterwave’s platform within Nigeria.
In addition to Nigeria, this exciting service is set to extend to Flutterwave merchants in several other countries throughout Africa, including Tanzania, Rwanda, Ghana, and Uganda, with availability expected in the near future. This strategic collaboration aims to not only streamline online transactions but also to deliver a wide array of benefits for both merchants and online shoppers.
With this new development, Flutterwave merchants stand to gain access to a fresh customer base comprising American Express Card Members both in Africa and around the globe. This diverse group includes individuals using personal cards and those utilizing business or corporate products. For merchants, this expansion could translate into increased sales and a broader market presence, although it is worth noting that terms and conditions will apply.
For consumers, the introduction of this payment option enhances the shopping experience by providing them with greater flexibility and choice when it comes to selecting their preferred payment methods while interacting with Flutterwave’s merchants. This collaboration not only bolsters the American Express global network but also significantly increases the number of locations across Africa where American Express Card Members can make purchases, allowing them to buy a variety of goods and services more conveniently.
Olugbenga ‘GB’ Agboola, the Founder and CEO of Flutterwave, expressed his enthusiasm about this new advancement. He stated, “At Flutterwave, we are persistently seeking innovative ways to connect the world to Africa through streamlined payment solutions. This initiative is a testament to our commitment, ensuring that a greater number of people around the world can utilize Flutterwave for payments across Africa. We recognize and appreciate the importance of offering shoppers diverse payment methods that cater to their preferences, while simultaneously aiding businesses in broadening their customer reach.”
This partnership not only expands the opportunities for American Express card holders on what and where they can shop, but it also promises to enhance the overall experience for e-commerce businesses leveraging Flutterwave’s services. By integrating American Express as a viable payment option, Flutterwave aims to facilitate a quicker and more efficient payment process specifically for American Express card holders, ultimately benefiting e-commerce enterprises by enabling them to start locally while expanding their reach on a global scale.
Briana Wilsey, who serves as the Vice President and General Manager of Global Network Services EMEA at American Express, commented on this expanding initiative, saying, “American Express remains committed to growing its presence in Africa to provide enhanced payment options for both businesses and consumers alike. Through this agreement with Flutterwave, which is widely regarded as a trusted payment provider, we are opening doors for e-commerce merchants in Nigeria, allowing them to connect with American Express Card Members globally. This collaboration not only serves as a win-win scenario but also increases the number of places where our valued Card Members can make use of their Cards while shopping in Nigeria.”
