Flutterwave Expands in Ghana with Pay With Bank Transfer Integration

Flutterwave Introduces Pay With Bank Transfer in Ghana

Africa’s leading payments technology company, Flutterwave, has expanded its footprint in Ghana by integrating Pay With Bank Transfer, a move made possible through a partnership with Affinity Bank. This innovation will enable businesses in Ghana to receive payments securely and efficiently, leveraging one of the fastest-growing payment methods in the country.

With over 115 million bank transfer payments recorded in Ghana in 2023, this expansion provides businesses with a reliable alternative to Mobile Money, which remains the dominant payment method in the region.

The Impact of Pay With Bank Transfer in Ghana

The introduction of Pay With Bank Transfer in Ghana marks a significant step in Flutterwave’s commitment to driving financial innovation in Africa. This payment method provides:

• Faster transaction processing, ensuring businesses receive payments promptly.
• Enhanced security, benefiting both merchants and customers.
• A wider customer base, as businesses can now accept payments through an increasingly preferred option.

According to Olugbenga Agboola, Flutterwave Founder & CEO,

“We are excited to extend our services to the Ghanaian market. At Flutterwave, we are driven by the vision of building Africa’s economy. By making payment options like Pay With Bank Transfer available for everyday use, we are expanding access to payments and enabling local businesses to thrive in the economy.”

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Strengthening Ghana’s Business Ecosystem

Through this strategic partnership with Affinity Bank, Flutterwave aims to increase the adoption of Pay With Bank Transfer in Ghana. The use of virtual accounts will allow for secure and transparent payments, making transactions easier for businesses of all sizes.

Speaking on the development, Geoffrey Fiador, Manager, Country Operations and Partnerships at Flutterwave, stated:

“By delivering essential payment options like Pay With Bank Transfer for businesses in Ghana, we’re providing an easy way for them to increase their revenue opportunities to grow their businesses.”

Flutterwave’s Growing Presence in Ghana

This announcement follows Flutterwave’s recent approval by the Bank of Ghana to provide inward remittance services. With operations in over 34 countries, Flutterwave continues to position itself as a trusted payments partner across Africa, providing businesses with the tools needed to succeed in an evolving financial landscape.

As Flutterwave continues to drive innovation and digital payment adoption, its latest move in Ghana reaffirms its commitment to empowering African businesses with seamless, secure, and efficient payment solutions.