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Saturday, November 23, 2024

Flutterwave Enables American Express Payments for Online Merchants in Nigeria

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Flutterwave, a leading payments technology company in Africa, has announced a significant upgrade to its services by enabling online merchants in Nigeria to accept American Express payments. This new feature expands payment options for e-commerce businesses and offers benefits for both merchants and customers.

Key Points:

  • Payment Acceptance: Online merchants using Flutterwave in Nigeria can now process payments from American Express Card Members. This includes personal, business, and corporate cards.
  • Future Expansion: The service will soon extend to Flutterwave merchants in other African countries such as Tanzania, Rwanda, Ghana, and Uganda.
  • Benefits for Merchants:
    • New Customer Base: Merchants can attract American Express Card Members, potentially increasing their customer base and sales.
    • Global Reach: Enhances the ability for businesses to engage with international customers who prefer using American Express.
  • Benefits for Shoppers:
    • Increased Payment Options: Shoppers can use their preferred payment method, making transactions more convenient.
    • Global Network: Strengthens American Express’s presence in Africa and provides more locations where American Express Cards can be used.

Statements:

  • Olugbenga ‘GB’ Agboola, Founder and CEO of Flutterwave: “Our goal is to connect the world to Africa through payments. By integrating American Express, we are making the payment process smoother and providing more options for American Express cardholders, helping businesses expand locally and sell globally.”
  • Briana Wilsey, Vice President and General Manager of Global Network Services EMEA at American Express: “This agreement with Flutterwave allows e-commerce merchants in Nigeria to reach American Express Card Members worldwide, expanding payment choices and increasing the number of places where American Express cards can be used.”

This collaboration between Flutterwave and American Express marks a significant step in enhancing payment flexibility and expanding market opportunities for African e-commerce businesses.

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