Monday, May 17African Business News
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Tag: paypal

PayPal, Flutterwave partner to enable merchants receive payments across Africa.

PayPal, Flutterwave partner to enable merchants receive payments across Africa.

Business, Innovation, Technology
PayPal has announced a partnership with Flutterwave users to allow its users anywhere in the world pay African merchants directly using their Flutterwave Store account. This announcement comes barely a week after Flutterwave completed its Series C funding with a funding of $170 million. Pushing the value of the company to over  $1 billion. Through this partnership, African businesses and individuals can now connect with more than 377 million PayPal users globally and overcome the challenges presented by the highly fragmented and complex payment and banking infrastructure on the continent.  Prior to this partnership, PayPal’s full range of services were only accessible to 12 African countries. However, this agreement brings PayPal closer to over 50 countries where F...