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Flutterwave Expands Payment Options for Nigerian E-commerce with American Express

2024-08-20 15:45:44.091000

Flutterwave announced on August 20, 2024, that Nigerian online businesses can now accept American Express payments, significantly enhancing their payment options. This new feature allows corporate cards to enable direct payments to Nigerian e-commerce businesses, which is expected to boost their sales and customer reach. Olugbenga ‘GB’ Agboola, CEO of Flutterwave, emphasized the benefits this integration brings to e-commerce businesses, allowing them to tap into a broader market. Briana Wilsey from American Express highlighted that this initiative provides Nigerian merchants with the opportunity to reach a global customer base, thereby increasing their competitiveness in the international market. Furthermore, this service is set to extend to Flutterwave merchants in Tanzania, Rwanda, Ghana, and Uganda, broadening the impact of American Express in the African e-commerce landscape. In addition to this development, Singapore Airlines and American Express have partnered to offer exclusive credit card bonuses to new cardholders. Until June 30, 2024, new card members can earn thousands of bonus miles that can be redeemed for exciting trips. Singapore Airlines is presenting three different credit cards in collaboration with American Express, each with its own set of benefits. The American Express® Singapore Airlines KrisFlyer Ascend Credit Card allows cardholders to earn up to 37,000 KrisFlyer miles, which is enough for a round trip for two to Bali. The American Express® Singapore Airlines KrisFlyer Credit Card offers up to 30,000 KrisFlyer miles, perfect for a round trip to Phuket. The American Express® Singapore Airlines PPS Club and Solitaire PPS Credit Card rewards cardholders with up to 54,000 KrisFlyer miles, which is sufficient for a round trip to Tokyo. These credit cards provide a fantastic opportunity to earn miles quickly and travel to dream destinations. Additionally, American Express and O3 Capital have launched four business credit cards in Nigeria, specifically tailored for small and medium-sized enterprises (SMEs) engaged in dollar-based transactions. The cards launched include the 03 American Express Green Card, the 03 American Express Gold Card, the 03 American Express Platinum Card, and the 03 American Express Gold Business Card. These cards come with a spending limit of $10,000 and offer a repayment window of up to 45 days. The partnership between American Express and O3 Capital aims to deliver tailored solutions to a diverse range of customers and support local businesses with their growth aspirations. [6bf3fcf6] [60af8615] [200b136f]

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