We Are Not Scammers- Flutterwave
…Set to strengthen Payment Transactions
By Joshua Olaleye
Against the backdrop of several allegations of non delivery of payments and poor customer care, payment technology company,Flutterwave disclosed recently that there is no iota of truth in those allegations but emphasized on the company’s vision.
Speaking during a press meeting, Co-founder/CEO of Flutterwave, Mr Gbenga Agboola said heads on, Flutterwave is set to inspire a wave of prosperity across Africa through building payments infrastructure to connect Africa to the global economy.
Said he: “Flutterwave is focused on helping banks and, business to provide seamless and secure payment experience for our customers. Flutterwave is also a team of world class entrepreneurs, financial services technologist and mobile payments experts working together to build Africa’s payment infrastructure from the ground up.
Flutterwave, through Rave, manages the complete inventory of merchants and allow merchants to view all transaction from a single platform across the globe. It eliminates the stress of merchants registering with difference payment systems that are used by different customers. it brings ease of business for both the merchants and the customers, at a pocket friendly change of 1.4 per cent for every transaction.
“Merchants need their money instantly for business continuity and they also need same day notification on all business transaction, which Flutterwave provides through its unique solution, Rave,” Agboola said.
Agboola, who took over from Mr Iyin Aboyeji, former CEO noted that early this year, Flutterwave introduced a collect payment strategy called “RAVE ” which is an end-to-end payment gateway which is fully managed and operated by flutterwave.
According to him ,it has zero infrastructure investment for merchants and payments service providers and it is a consolidated online , mobile, point of sales, POS and Atm payment switch for merchants and psps.
“With Rave, there is no need for complex integration, lowers business cost, a white solution and service acquirer as well as a 3D security authentication for online transactions”.
He further explained that the solution has a 99.99 percent uptime as well as disaster recovery sites. Key advantages of Rave, he stressed, include compliance to major card scheme, quick to market and low start up cost , multi currency and multi lingual support.
Flutterwave partners are Access ,MasterCard, VISA, GTbank, Zenith, silicon valley bank,and standard bank.