What is flutterwave?

Flutterwave is a Fintech company, founded in 2016 by a collection of America-based Nigerians. The company is known basically for its payment infrastructure, which allows merchants from all over the world to easily accept payment for their products and services. The company has its headquarter office located in San Francisco, however, it has operation in several other African countries including Nigeria, Ghana, Uganda, South Africa, and about 7 other African countries across the continent.

Who owns Flutterwave?

Flutterwave CEO Olugbenga 'GB' Agboola joins illustrious Wall Street Journal CEO Council

Olugbenga Agboola

Flutterwave is owned by 3 Nigerians who are; Aboyeji, Adeleke Adekoya, and Olugbenga Agboola who is the CEO of the Flutter Wave company. Other investors in Flutterwave company include Visa, MasterCard, Tiger Global, Y-combinator, and Avenir Growth Capital.

How does Flutterwave work

Integration: Businesses integrate Flutterwave’s payment SDKs/APIs into their websites, mobile apps, or other platforms. This allows them to accept payments from various sources, including cards, bank accounts, mobile money, and more.
Payment Request: When a customer wants to make a payment, the business generates a payment request using the Flutterwave API. The request includes details such as the amount, currency, and customer information.
Payment Collection: Once the payment request is generated, Flutterwave provides various payment options to the customer, such as debit/credit card payment, bank transfer, mobile money, or QR code. The customer selects their preferred payment method and proceeds with the transaction.
Payment Processing: Flutterwave securely processes the payment transaction in real time. It verifies the customer’s payment details, ensures funds availability, and handles the necessary communication between the customer’s bank/payment provider and the business.
Funds Settlement: After the payment is successfully processed, Flutterwave settles the funds into the business’s designated bank account. Depending on the business’s preferences, settlements can be done periodically (daily, weekly, etc.) or on demand.

Flutterwave sign-up

To register an account with FlutterWave visit www.flutterwave.com, click on get started, and fill in all necessary information which includes your name, email, and password. Choose whether it’s a personal or business account, accept the terms and policy, and click sign up. A verification mail will be sent to you so check your mailbox to verify and you are set.

You can log in to your account using your registered email and password after the email has been verified by Flutterwave.

How to integrate Flutterwave

To integrate Flutterwave into your application, follow these steps:

Create an account on the Flutterwave website.
Log in to your account and go to the dashboard.
Click on the “Integrations” tab.
Select the integration option that suits your needs, such as “Flutterwave API” or “Flutterwave Checkout.”
Follow the documentation and guidelines provided by Flutterwave for the specific integration option you chose.
Implement the necessary code in your application to initialize the integration and handle payment requests.
Test the integration in a development or sandbox environment to ensure it is functioning correctly.
Once you are confident in the integration, switch to the production environment to accept real payments.
Continuously monitor the integration and handle any errors or issues that may arise.
Ensure that you comply with all necessary security and compliance requirements while handling user payments and consult the official Flutterwave documentation for detailed instructions specific to your chosen integration option.

Flutterwave in WordPress

If you want to integrate Flutter Wave into your WordPress website these can be done in two ways, Woocommerce and API integration

Flutterwave WooCommerce Plugin: Flutterwave provides an official WooCommerce plugin that enables seamless integration of their payment gateway with your WooCommerce-powered online store. You can install the plugin from the WordPress plugin directory or download it from the Flutterwave website and follow their documentation to configure and set it up.
Flutterwave API Integration: If you prefer a more customized integration, you can use Flutterwave’s APIs to directly integrate their payment services into your WordPress website. Flutterwave provides well-documented APIs that you can use to initiate payments, retrieve transaction details, and more. You can find the Flutterwave API documentation on their website, which includes sample code and guidelines for integrating with your WordPress site.

What is Barter by Flutterwave?

Barter by Flutterwave is a mobile payment app that allows users to send and receive money instantly across different countries in Africa. The app enables a seamless and secure peer-to-peer money transfer experience, eliminating the need for cash or physical transactions.
With Barter, users can create virtual payment cards, make online payments, and even receive payments from anyone worldwide. The app supports currencies from various African countries, making it convenient for users to transact in their local currencies.

Additionally, Barter offers an option to request and split bills with friends, making it ideal for social payments and group transactions. Users can also track their expenses, set budgets, and receive spending insights, helping them manage their finances effectively.

Flutterwave store

In 2020 during the lockdown period, Flutter Wave created a digital store where small business owners can showcase their businesses. Ever since the Flutterwave store kept on growing with over 20,000 businesses registered in their store. Flutterwave is an easy way for businesses who do not have websites to trade online and accept payment online easily. To create a store on Flutterwave follow this simple process.

Create an account on Flutterwave either a business or personal account
Navigate through the dashboard to store
Create a store name that you wish to use.
Click Complete Set up when you are done and a link will be generated for you
Choose your product specification and add pictures of your products on the store to showcase them

Flutterwave POS

Flutterwave POS is a mobile-friendly device that allows businesses to accept payments with cards. It allows business to use their smartphones as terminals and it can be integrated with other Flutter Wave services which makes it a more secure way of accepting payment.

Flutterwave in PHP

PHP can be integrated into a payment gateway which allows you to monitor the success or failure of the transaction accordingly. To integrate PHP, get an expert to help you with the process.