What is Flutterwave and how does it work?

Flutterwave is a fintech company that provides a payment infrastructure for global merchants and payment service providers. It helps banks and businesses build secure and seamless payment solutions for their customers by smoothening the exchange of funds.
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Which bank uses Flutterwave?

Banks currently supported on Flutterwave

Ecobank. United Bank For Africa PLC. First Bank PLC. Guaranty Trust Bank PLC.
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What exactly does Flutterwave do?

Flutterwave provides multiple Software Development Kits (SDKs )and plugins, and businesses can use Flutterwave payments APIs to build customizable payments applications.
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Is Flutterwave safe to use?

Yes, you can consider Flutterwave safe for payments. The platform maintains PCI-DSS Level 1 compliance, which is a security standard for handling credit card information. It also has fraud detection and other security measures in place to protect your transactions.
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Does Flutterwave work in the UK?

Flutterwave is supported in Nigeria, Ghana, Kenya, South Africa, Uganda, Tanzania, the United Kingdom, the United States, and Europe. Besides accepting local cards from these countries and regions, Flutterwave also allows you to receive payments from all Mastercard and Visa cards.
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Paystack vrs Flutterwave - Payment Gateway to Choose

What is the best app to transfer money from Nigeria to UK?

The best way to send money to United Kingdom is with Pesa. Pesa is a digital Cross-border financial service provider offering a convenient way to send and receive money internationally at the best exchange rates in the market.
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Which country owns Flutterwave?

Flutterwave, a Nigerian company, was founded in 2016 by Iyinoluwa Aboyeji (former CEO), Olugbenga Agboola (CEO), and Adeleke Adekoya.
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How do I get my money from Flutterwave?

The funds in your Flutterwave balance can either be automatically settled to your bank account, or used for transfers. The Balances page on your dashboard shows the amounts you have in both the Collection balance and Payout balance for all the currencies we settle in.
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What do I need to open a Flutterwave account?

Bank statement not older than 3 months. Trustees' resolution confirming approval given to open the Flutterwave account. SCUML Certificate (see here for more details) Corporate bank account details and BVN.
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Is PayPal available in Nigeria?

Established in 1998 as Confinity, PayPal is the leading global payment system and is now available to residents of Nigeria. It is available in over 200 countries and territories around the world in 23 currencies.
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How can I get my money back from Flutterwave?

Our promise
  1. Log your claim for a refund. After you log your claim against a merchant, we will contact the merchant and give you a response on your claim within 24 hours or as soon as we get a response from the merchant.
  2. Clear communication. ...
  3. Options to receive your funds.
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Where is Flutterwave headquarters located?

Flutterwave's main headquarters is located at 1323 Columbus Avenue in San Francisco, California. This office serves as the central hub for the company's global operations and strategic decision-making.
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Which payment gateway is best in Nigeria?

Best Payment Gateway Providers In Nigeria
  1. Paystack. Paystack is one of the leading payment gateways for businesses in Nigeria. ...
  2. Flutterwave. ...
  3. Interswitch. ...
  4. Remita. ...
  5. Monnify. ...
  6. SeerBit. ...
  7. Opay. ...
  8. DusuPay.
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How old is Flutterwave?

Flutterwave was founded in 2016 by Iyinoluwa Aboyeji, Olugbenga Agboola, and Adeleke Adekoya and is headquartered in San Francisco, California with current operations in the U.S., Canada, Nigeria, Kenya, Uganda, Ghana, South Africa, and 29 other African countries.
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Can I send money abroad with Flutterwave?

We make sending money internationally easier and faster than ever. Send App enables you to transfer money instantly! Transfer cash to recipients in most countries for lightning-fast access to the funds. There are no long waiting periods or extra steps.
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Can I transfer money from my UK bank account to a Nigerian bank account?

Best ways to send money to Nigeria from the UK

Bank transfers are a popular option for funding your international money transfer. They take a little longer than debit or credit card transfers but they're insanely cheap.
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How to send money internationally for free?

Using a non-bank money transfer service could mean minimal or no fees. At OFX, you receive fee-free transfers* for sending USD internationally. We use our global network of 115 local bank accounts to make our transfers within the same country, so you won't be hit by any international transaction fees.
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Which app earn money directly to your bank account in Nigeria?

PiggyVest. PiggyVest is one of the most popular apps in Nigeria today for saving and earning money. Basically, it allows you to save, invest and earn money directly to your bank account in Nigeria. The app also offers a referral program where you receive up to N1,000 for every individual you refer using the platform.
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How can I send naira to pounds?

How can I convert Nigerian Nairas to British Pounds with TransferGo?
  1. Choose the amount and currency.
  2. Add the receiver's details.
  3. Pay for the transfer.
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How to create a Flutterwave account?

How to create a Flutterwave account
  1. Choose your account type: Business Account or Other Entity.
  2. Enter your business details, including the name and type.
  3. Provide your physical business address, including the country, state/province, and city/suburb/region.
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How long does Flutterwave Payout take?

Once you receive payments into your Flutterwave account and it appears in your Ledger Balance, your funds are automatically settled to you within 1 - 5 business days, depending on the settlement schedule. You can also manually send funds to your bank account anytime, via Flutterwave transfers.
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