Nigerian Fintech Company, Paga has collaborated with Flutterwave, an international Merchant payments platform to allow Paga wallet users to access products from merchants on Flutterwave merchant service, with a simple, secure, one-click payment.
What it means: Subsequently, Flutterwave payment gateway will now feature Paga as a payment option, allowing the latter’s customers to make payments directly from their wallets.
“By partnering with Flutterwave on their gateway, we give our customers access to quickly make payments to an even larger pool of merchants,” Jay Alabraba, Paga Co-founder and Director of Business Development said.
The collaboration now gives Paga’s over 14 million customers access to the services and products on Flutterwave’s merchant base, including airlines, hotels, ticketing companies, media outfits, and fashion retailers.
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“It is a win-win situation, Alabraba explained. “The customer has a faster payment option and the merchant gets their money seamlessly. Most importantly, the service is end-to-end secure,” he added.
Co-Founder and CEO of Flutterwave, Olugbenga Agboola, explained that the collaboration was initiated to simplify payments for merchants and their customers and allow them access to the endless possibilities it provides.
“We’re excited to connect all businesses on Flutterwave to Paga’s rapidly growing customer base where a new wave of prosperity across Nigeria, Africa, and the World will be witnessed as a result of this and that’s why we are here,” Agboola said.
About Flutterwave Inc: It is a payment startup founded to build underlying payments infrastructure for African businesses to accept a card, mobile money, and bank account payments in a single place. The company was founded by Iyinoluwa Aboyeji and Olugbenga Agboola.
About Paga: It is a mobile payment platform founded by Tayo Oviosu in 2009 on the belief that mobile phones can be leveraged to bring financial service to all Africans. The platform allows its users to transfer money electronically and make payments through their mobile devices and acts as a mobile wallet where users can carry out transactions with a mobile device.
Since its launch, Paga has continued to grow, with 8.2 million users that processed over 2 million transactions worth over $131 million in March 2018. It has also processed over $3 billion worth of transactions from 48 million transactions since inception.