News snapshots · 2021-03-16

Flutterwave & PayPal partnership – Quick wrap


African payments company Flutterwave will get into a partnership with PayPal to allow PayPal customers globally to pay African merchants through its ‘Pay with PayPal’ feature.


Flutterwave and PayPal partner to allow African merchants to accept and make payments – TechCrunch

It is nearly impossible for businesses in some African countries to receive money from PayPal. While the payments giant has not given reasons why this is so, speculation hints at factors like insufficient regulation and poor banking security in said countries. . According to CEO Olugbenga ‘GB’ Agboola, this will happen via a Flutterwave integration with PayPal so merchants can add PayPal as a payment option when receiving money outside the continent.

Link: Flutterwave and PayPal partner to allow African merchants to accept and make payments
via techcrunch.com

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