Flutterwave, Africa’s leading payments technology company, has expanded its operations in Ghana by integrating the Pay With Bank Transfer option in partnership with Affinity Bank. This move will allow businesses using Flutterwave in Ghana to receive payments seamlessly through a growing digital payment method.
With over 115 million bank transfer transactions recorded in Ghana in 2023, the adoption of this payment method is on the rise, complementing Mobile Money, which remains the dominant choice for everyday transactions. The expansion of *Pay With Bank Transfer* offers businesses and consumers an alternative, secure, and efficient way to process payments.
“We are excited to extend our services to the Ghanaian market,” said Flutterwave Founder and CEO, Olugbenga Agboola. “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.”
The partnership with Affinity Bank allows Flutterwave to use virtual accounts, ensuring secure and transparent transactions for businesses and their customers. Geoffrey Fiador, Flutterwave’s Manager of Country Operations and Partnerships, highlighted the impact of this development, stating that the new feature provides businesses with an easy way to increase revenue and streamline payment processes.
This announcement follows Flutterwave’s recent approval by the Bank of Ghana to provide inward remittance services, further solidifying its presence in the country’s financial sector. With operations in over 34 countries, Flutterwave continues to expand its reach, offering businesses the tools they need to succeed in Africa’s evolving digital economy.
The introduction of Pay With Bank Transfer in Ghana enhances payment flexibility for businesses and consumers, ensuring faster transactions and a more secure payment experience. As Flutterwave continues to drive financial innovation, this latest development is set to provide Ghanaian businesses with more opportunities to grow in an increasingly digital marketplace.
