Flutterwave
(Rated by 1301 users)
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Is Flutterwave Legit For Your Online Business? A Deep Analysis
Posted Sep 26, 2023
Online business may be difficult, but Flutterwave promises to make it easy for you to reach global data of customers. The question is, “Is Flutterwave legit for your e-commerce venture?” Continue reading to find the answer within this review.
What is Flutterwave
In a world where change is the only constant, Flutterwave stands as a bridge connecting the global digital economy where boundaries dissolve, enabling people worldwide to transact with ease.
Flutterwave
The company was founded in 2016 by two Nigerians, Iyinoluwa Aboyeji and Olugbenga Agboola. At Flutterwave, they put innovation as the top mission. With a set of technologies to facilitate swift, secure, and reliable payments, this platform is the solution for the modern era. Therefore, every financial transaction is simplified, indicating the success of Flutterwave as well as its continuous growth in the global economy.
However, it isn't just about transactions; it's about empowerment. Whether you are an owner of a small business, an entrepreneur, or an enterprise alike, Flutterwave becomes an essential companion in the wheels of global commerce for businesses to flourish in the digital age.
Flutterwave features review
So, what are the key features of Flutterwave that could help your business grow non-stop? Take a look at 3 services and the relative price to choose which one suits you best.
Send Flutterwave review
Send by Flutterwave is a convenient way to transfer money or funds to the recipient around the globe in just a blink of an eye.
Send by Flutterwave
Follow our Send Flutterwave review to find out why you should integrate it into your business.
- Payment Processing Capabilities: Users have options to send money to local bank accounts, Mobile Money wallets, as well as cash pick-up locations with various payment methods: debit cards, credit cards, bank transfer, Apple Pay or Google Pay, and in different currencies (USD/EUR/GBP/NGN and so on). Flutterwave charges a flat fee of 1 for each transaction.
- Global Reach: Send allows users to quickly send money to receivers on different continents, including Europe (Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy,...), Africa (Cameroon, Ethiopia, Ghana, Ivory Coast, Kenya, Nigeria, South Africa), UK and United States.
- Security and Compliance: Flutterwave's Send feature is ISO certified (ISO 27001 & 22301 certification), meaning this trait has been internationally standardized and secured funds at all times.
- Integration Options: Flutterwave has a mobile app that allows users to transfer money on their phone, which adds ease to any business to manage their income and outcome in one device.
- Reporting and Analytics: After a transaction is completed, Flutterwave will notify the users through email.
Barter by Flutterwave review
Unlike the Send app, Barter by Flutterwave is designed to assist users in managing their finances, making payments, and accessing various lifestyle services, such as shopping, budgeting, and investment options. Get along with this Barter by Flutterwave review to see if this is the best solution for you.
- Payment Processing Capabilities: Barter users can make different payments, including online purchases, bill payments, and money transfers with payment methods like credit/debit cards, bank transfers, and digital wallets.
- Global Reach: Users of Barter around the world can make use of this app. The availability of specific features and services, as well as supported currencies, may vary by region.
- Security and Compliance: In order to access the Barter app, users need to enter their security PIN, meaning your data is safe if no one knows your password.
- Integration Options: Barter by Flutterwave allows users to link other financial services or platforms, their bank accounts, financial management tools, or e-commerce platforms to streamline their financial activities.
- Reporting and Analytics: The Barter app has a notification section that records every transaction, making it easy for users to track.
Rave by Flutterwave review
Rave by Flutterwave is a point-of-sale free app available on Android that delivers everything businesses need to take payments.
Rave by Flutterwave
Follow our Rave by Flutterwave review to see why you'll need this app.
- Payment Processing Capabilities: Rave by Flutterwave offers robust payment processing that enables businesses and individuals to accept payments effortlessly. Rave collects payments from Barter NFC which you can see on the dashboard. It also helps users to manage their inventory.
- Global Reach: This app allows global payments, making it easy to accept payments from customers around the world, supporting multiple currencies and international payment processing.
- Security and Compliance: Rave is PCIDSS level 1 compliant; therefore transactions that happen through this system are automatically afforded the highest level of security in online payments.
- Integration Options: Websites, mobile apps, and e-commerce platforms using APIs and plugins are what are needed to integrate Rave. It creates a flexibility that simplifies the payment process for both businesses and customers.
- Reporting and Analytics: Users of Rave can keep track of their transactions on its dashboard, which is essential for businesses to make data-driven decisions and optimize their payment processes.
Flutterwave pricing
Have you found a suitable service? If the answer is yes, make reference to this list of fees charged per transaction for each region to prepare for your best business performance.
|
Local transactions |
International transactions |
|
|
Cameroon, Egypt, Malawi, Mauritius, Senegal, and Tanzania |
3.5% |
3.8% |
|
Ivory Coast |
3.2% |
3.5% |
|
Kenya, Rest of Europe, South Africa, UK, and the USA. |
2.9% |
3.8% |
|
Nigeria |
1.4% |
3.8% |
|
Rwanda, Uganda |
3.2% |
3.8% |
However, you could take advantage of Flutterwave coupon codes to have a significant discount on your transaction. Take the codes below:
[exclusive_coupon|limit=3]
If you are French or living in France, then why don’t you try out Stripe? This is a popular French company that is convenient for the locals. With Stripe coupon codes, you will be able to get the best deals ever.
Square is another powerful tool to help you secure your financial status. Join Square today and apply the Square coupon codes to save significant discounts.
Flutterwave refund policy
On Flutterwave, users can refund a transaction with the API. To do so, send a request to the refund endpoint along with the transaction ID, and it is optional for a partial refund. The refund amount will be deducted from the balance, and you can track the refund status as completed, completed bank transfer, pending-momo, or processing.
Flutterwave reviews
On its way of improvement, Flutterwave reviews have been both positive and negative from the users.
Flutterwave reviews from customers
Begin with African users, they are happy that Flutterwave has been a great assistant to make it easy to reach out to the world. Besides, Flutterwave’s customer service team has been supportive, polite, and concise with feedback. Another long-term user of 5 years said that they have never trusted any other platforms but Flutterwave.
However, some unsatisfied customers expressed that their transactions were delayed. This could result in an error in the app or transferring during maintenance. So if you have any problems, it is best to contact Flutterwave’s customer support team.
Is it safe to use Flutterwave?
To ensure its safety, Flutterwave has 6 promises to protect customers' experience:
- Log your claim for a refund: Flutterwave contacts the merchant and responds in 24 hours if there is any claim against a merchant.
- Clear communication: The users will be updated with the resolution until it is completed, which usually takes from 2 to 5 business days.
- Options to receive your funds: Flutterwave is willing to provide options to receive your disputed funds if the claimer is in their favor.
- Timely receipt of funds: Once the claim is approved, Flutterwave will send back the amount within 24 hours for a purchase made via bank transfer and 3 to 15 business days for card payments.
- Safety and security guaranteed: At Flutterwave, they take security seriously to secure 100% of every transaction.
- Blacklist fraudulent merchants: If a merchant is found to be repeatedly fraudulently, Flutterwave will strictly unable them from continue perpetrating such services and report them to the authorities.
Conclusion: Is Flutterwave legit?
After a comprehensive analysis, it's evident that Flutterwave is a credible choice for online businesses. This platform serves as a bridge to the global digital economy, simplifying transactions and empowering businesses of all sizes. With its suite of services, Flutterwave has made it easier for businesses to secure and efficient financial operations.
To sum up, Flutterwave is an essential tool for expanding global reach, conducting transactions confidently, and embracing the digital era with a trustworthy partner for online businesses.
FAQs:
Is Flutterwave a PayPal?
No, Flutterwave isn’t a Paypal. However, you can integrate PayPal into your Flutterwave to make it easier to transfer money.
Which banks use Flutterwave?
Refer to this list for supported banks on Flutterwave. All support only NGN, USD, and ZAR payments.
- Access Bank
- Ecobank
- United Bank For Africa PLC
- First Bank PLC
- Guaranty Trust Bank PLC
- Sterling Bank
- Zenith Bank PLC
- FCMB
- Polaris BANK
- FSDH Merchant Bank PLC
- Unity Bank BANK
- Providus BANK
(Rated by 1301 users)
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