Flutterwave, AfriGo collaborate to strengthen financial inclusion

Flutterwave an American payment processing firm, has announced its collaboration with AfriGo, Nigeria’s new domestic card scheme, and the Central Bank of Nigeria to strengthen financial inclusion across the country.

The payment firm disclosed that AfriGo cards will now be accepted across all Flutterwave payment channels, including its online payment gateway and point-of-sale (POS) systems to simplify payments and make financial services more accessible to Nigerians.

“AfriGo provides a new opportunity for anyone in Nigeria to make easy payments to local businesses, both online and offline, in Naira,” Flutterwave stated.

For business owners, integrating AfriGo payments is seamless and effortless requiring only enabling the card payment method on their Flutterwave dashboard. Customers can also make payments by simply entering their card details at checkout and authorizing the transaction.

Flutterwave described the AfriGo initiative as a secure and inclusive payment method that not only simplifies transactions but also offers exclusive deals and seamless experiences.

It noted that collaboration is expected to drive financial growth and inclusion, providing more payment options for Nigerians while supporting local businesses.

Digital payments adoption has grown greatly over the past few years. According to Enhancing Financial Innovation and Access (EFInA), over 45 percent of the adult population in Nigeria in 2023 transacted digitally compared to 34 percent in 2022.

BUSINESS DAY/ Chidimma Gold