Flutterwave Expands in Ghana with ‘Pay With Bank Transfer’

Flutterwave, one of Africa’s leading fintech companies, has expanded its digital payment solutions in Ghana with the launch of Pay With Bank Transfer. This new payment method, introduced in partnership with Affinity Bank, allows businesses to accept direct bank payments seamlessly, enhancing both security and transaction speed.

Why ‘Pay With Bank Transfer’ Matters for Ghana’s Digital Economy

In 2023 alone, over 115 million bank transfers were recorded in Ghana, indicating a growing shift towards digital banking solutions. While mobile money remains dominant, bank transfer transactions are steadily increasing, creating demand for alternative payment options that cater to businesses and consumers alike.

Key Features of Pay With Bank Transfer:

• Faster Transactions – Reduces delays associated with traditional bank transfers.
• Enhanced Security – Uses virtual accounts for safer transactions.
• Business Growth – Enables businesses to expand their customer base by offering multiple payment options.

Flutterwave’s Vision for Financial Inclusion

Olugbenga Agboola, CEO of Flutterwave, emphasized that the company’s goal is to drive financial inclusion by offering diverse payment solutions tailored to Africa’s evolving digital economy.

According to Geoffrey Fiador, Flutterwave’s Manager of Country Operations and Partnerships, introducing Pay With Bank Transfer will open new revenue opportunities for businesses in Ghana, making transactions more efficient.

Flutterwave’s Growing Presence in Ghana

This expansion follows Flutterwave’s recent approval from the Bank of Ghana to provide inward remittance services, further cementing its presence in the country. With operations spanning 34 African nations, Flutterwave continues to play a crucial role in transforming digital payments across the continent.