A partnership is born! Flutterwave partners with PayPal to make payments seamless in Africa.

Flutterwave announced earlier today its new collaboration with global payment leader PayPal to enable PayPal customers, globally, pay African merchants in the continent through Flutterwave’s platform.

The collaboration is aimed at supporting SMEs and freelancers to overcome the many hurdles presented by the highly fragmented and complex payment and banking infrastructure. It also seeks to connect these business owners to more than 377 million PayPal account holders globally.

This collaboration eliminates significant barriers that have previously hindered African consumers and businesses from the untapped potential of Cross-Country eCommerce.

Flutterwave has transformed the payments space in Africa by offering flexible, quick and affordable payment services to individuals and businesses across the continent. In recent times, African businesses have even more access to sell to global customers using PayPal’s secure platform to receive and make payments online.

Cross-border eCommerce continues to provide significant growth opportunities for Africa’s economy. According to research analysts, the total value of eCommerce in Africa generated $16.5 billion in 2017 and is expected to reach $29 billion by 2022. This growth potential will provide many opportunities for SMEs and freelancers worldwide, subsequently increasing Africa’s share of global trade.

This partnership solidifies Flutterwave’s position as the global African payment partner of choice for multinationals looking to enter new markets, further reassuring new and existing merchants and investors of Flutterwave’s global capabilities, credible platform and high standards of safety.

Just so you know, the service is now live and the integration with PayPal will be operational across 50 African countries and worldwide. For transactions, customers will need to sign up to Flutterwave to access PayPal to make, receive and withdraw payments.