Flutterwave, Payful Partner to Simplify High-Value Payments Across Africa

Payful, a global payments provider, has announced a strategic partnership with Flutterwave, Africa’s leading payments technology company, to simplify and modernize high-value transactions across the continent. The collaboration enables Payful’s global merchants to collect local payments and settle internationally through Flutterwave’s unified payments infrastructure, creating a faster, more secure, and cost-effective solution for cross-border business.

The collaboration enables the global payments provider’s global merchants to collect local payments and settle internationally through Flutterwave’s unified payments infrastructure, offering a faster, more secure, and cost-effective way to move money across borders.

The fintech, which specializes in global payment solutions for merchants and enterprises, is expanding its footprint into Africa, one of the fastest-growing digital economies in the world. However, challenges such as fragmented banking systems, high transaction costs, and complex compliance requirements have long hindered seamless high-value payments across the continent.

By integrating Flutterwave’s powerful API, the fintech can now give its merchants the same smooth payment experience they enjoy in other markets, eliminating the need to juggle multiple local banking relationships or navigate regulatory hurdles independently.

At the core of this partnership is Flutterwave’s Virtual Account solution, which simplifies the process of collecting large payments. Through a direct API integration, Flutterwave issues virtual bank accounts to the global payment provider, allowing merchants to receive local transfers easily. This approach is faster and more reliable than traditional card-based systems and provides customers with a convenient way to make payments via local bank transfers. Flutterwave then manages settlement through its network of regulated financial institutions across its licensed markets.

The integration also enhances regulatory compliance and transparency. Flutterwave’s extensive licensing portfolio across Africa ensures that transactions align with local financial laws and anti-money laundering frameworks, giving both merchants and customers peace of mind.

In a statement, Flutterwave reaffirmed its mission to power global enterprises expanding into Africa by bridging financial infrastructure gaps. The company emphasized that the partnership reflects its long-term goal of building a unified payments ecosystem that connects Africa to the world.

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By combining their strengths, the two fintech companies aim to address one of Africa’s most persistent challenges, the complexity of high-value and cross-border payments. The partnership not only simplifies business operations for merchants already active in the region but also opens the door for more global enterprises to tap into Africa’s booming digital economy.

As Flutterwave continues to cement its position as a pan-African payments leader, this collaboration reinforces the company’s commitment to creating a more connected and inclusive global financial system, one where African merchants and international businesses can exchange value effortlessly and securely.