What is the Flutterwave payment gateway?

03 May 2023

Flutterwave is the ultimate payment gateway that enables businesses to transact with customers across the globe in multiple currencies. In addition to supporting various payment methods, including credit and debit cards, mobile money, and bank transfers, even payment links and recurring payments.

With Flutterwave's payment links, businesses can effortlessly request payments via email, SMS, or social media. Meanwhile, recurring payments allow them to accept payments for subscription-based services without having to chase after customers every time a payment is due.

The flexibility and convenience provided by Flutterwave make it a top choice for businesses that want to streamline their payment processes. With Flutterwave, they can easily integrate payment solutions into their websites and applications, providing customers with a seamless and secure payment experience.

One of the primary advantages of Flutterwave is its integration with multiple payment channels and payment processors across Africa. Additionally, the platform provides real-time transaction monitoring and fraud detection tools to help protect against fraudulent transactions.

While Flutterwave offers a range of benefits, there are some drawbacks that customers should consider before using the platform. One significant disadvantage of Flutterwave is its limited support for alternative payment methods, such as cryptocurrencies or digital wallets like PayPal.

Another drawback of Flutterwave is its transaction fees, which can be relatively high, especially for smaller businesses. These fees can add up quickly, impacting a company's bottom line and making it less profitable to use the platform.

The solution to these issues is PayCEC, where customers can enjoy lower transaction fees with a more extended list of payment options, including support for cryptocurrencies and digital wallets. PayCEC also offers advanced security measures and fraud prevention tools, ensuring customer data is always safe and secure.

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