Flutterwave has announced a partnership with US payment giants Paypal which will allow users anywhere in the world to pay African merchants directly.
People in the US and other countries where PayPal is available will see “Pay with PayPal” on a Flutterwave merchant’s checkout page, provided the merchant has enabled the option.
Founded in 1998, PayPal was one of the first companies to create the internet’s infrastructure for cross-border payments. As of 2020, it had 377 million customers in more than 200 countries. Those customers transacted $936 billion in payment volume in 2020.
Flutterwave in a statement said the integration with PayPal is live and operational across 50 African countries and worldwide.
That means small business owners and freelancers who use Flutterwave in places like Kenya, South Africa, Egypt, Morocco, Mauritius, Malawi, Mozambique & Senegal will be able to accept payments from PayPal users worldwide.
Flutterwave’s CEO, Olugbenga Agboola, said the partnership reinforces the Nigerian company’s vision of “creating a seamless digital payments system for Africa’s business communities that can now transact with international consumers.”
The move comes barely a week after Flutterwave announced the close of a $170 million Series C round which values it as a unicorn.