Have you ever wanted to accept payments directly from your customers or make international transfers easily? As an entrepreneur in Nigeria, I know the struggle of having to rely on inefficient payment methods. That was until I discovered Flutterwave.
In this article, I will share my experience with Flutterwave’s various products and services over the past two years as both a merchant and a regular user.
By the end, you’ll have a comprehensive understanding of how to sign up, login, use their app and POS devices, store value, barter and send money both locally and abroad. So let’s get started!
What is Flutterwave?
Flutterwave is a fintech company that offers digital payment solutions for businesses and individuals across Africa. Founded in 2016, it has quickly become the payments technology leader on the continent.
Flutterwave makes it possible to accept various payment methods including bank transfers, cards, mobile money and cash. Their platform allows seamless transfer of funds locally within Nigeria and to other African countries and the rest of the world.
How to Sign Up for a Flutterwave Account
Signing up for a Flutterwave account is very simple and straightforward. Go to their website flutterwave.com and click on the “Sign Up” button. You will be asked to provide basic details like your full name, email address and choose a password.
Once registered, you will get an activation email to verify your account. After logging in, you can start receiving and sending payments right away.
How to Login to Flutterwave
To login to your Flutterwave account, go to flutterwave.com and enter your registered email and password in the login section. For security, Flutterwave uses two-factor authentication (2FA) during login. So in addition to your log in credentials, you will need to input the 6-digit login PIN sent to your mobile number every time you login.
How to login to Flutterwave Mobile App
For seamless on-the-go access, I recommend downloading the Flutterwave mobile app. It is available for free on both Android and iOS.
The app login process is the same as the website. Once logged in, you can view transaction history, make payments, request and transfer funds easily from your phone. A prominent feature is the ability scan QR codes or insert payment links sent by customers to receive funds directly into your Flutterwave wallet.
How to Accept Payments Using Flutterwave POS Devices
As a merchant, one of the most useful services offered by Flutterwave is their Point-of-Sale (POS) payment collection devices. These compact devices allow you to accept card and cash payments from customers right at your store or market stall. Setting up a Flutterwave POS is very straightforward.
Once purchased, the device guides you through an intuitive setup process during which you provision your details and payment preferences. Customers can then make purchases by simply tapping their cards on the reader or inserting cash. Funds will reflect in your Flutterwave balance instantly for withdrawal at your convenience.
Much like other e-wallets, you can store currency value directly on your Flutterwave account. This provides flexibility when making both online and offline payments. To deposit funds, go to the “Deposit Funds” section and select your preferred funding method – bank transfer, card or cash deposit at an agent location. Based on the funding channel, enter the required details and your account will be instantly credited after successful confirmation. The balance can then be used to pay merchants, send money and make purchases.
How to Transfer Funds via Flutterwave Barter
Flutterwave Barter allows person-to-person money transfer within Nigeria using just a recipient’s phone number. It provides a fast, affordable and convenient alternative to bank transfers.
To send funds, log in to your Flutterwave account and select “Barter”. Specify the amount and your friend or customer’s mobile number. They will receive an SMS notification to accept the funds. Once approved, money moves seamlessly from your balance to the recipient’s account. This service has been a lifesaver helping me pay part-time staff, nannies and settle debts easily.
How to Send Money Abroad with Flutterwave Send
In addition to local transfers, Flutterwave lets users send money internationally to beneficiaries in other African countries as well as the rest of the world.
Within the Flutterwave app or website, go to “Send” and select the recipient’s country.
Enter their name and account details or phone number depending on the country. Review payment details, confirm transfer and your international remittance will be processed instantaneously minus applicable fees.
This method has worked flawlessly for me when paying school fees, suppliers and family abroad.
Conclusion
To summarize, Flutterwave has revolutionized digital payments in Africa providing a one-stop-shop for merchants, businesses and individuals. From accepting or requesting money to storing value, transferring locally and abroad – their versatile suite of services covers every need. Signing up and onboarding is seamless. Combined with impressive security, 24/7 support and competitive pricing, it is no surprise why Flutterwave continues to maintain its position as the leader in the African fintech space. I strongly recommend giving their products a try if you are yet to harness digital payments for better financial inclusion and prosperity.
FAQ
Which app can I use to receive money from the USA to Nigeria?
You can use the Barter app by Flutterwave to receive money from the USA to Nigeria.
Is Flutterwave available outside of Nigeria?
While Flutterwave was launched in Nigeria, it has now expanded its operations to other African countries including Ghana, Uganda, Kenya, Tanzania, South Africa and Egypt. The full suite of payment products and services may not be available across all markets yet but the core sending and receiving capabilities work continent-wide through their unified platform.
Additional countries will continue to be onboarded going forward to drive financial inclusion in the rest of Africa.
