Flutterwave, Africa’s leading payments technology company, has announced today that it has received its Payment Services Provider and Payments Facilitator licenses in Egypt.
The licenses will enable Flutterwave to act as an official payment service provider in the country, collect payments on behalf of its customers and settle payments locally and globally. These licences will allow Flutterwave to deploy Flutterwave for Business suite of products including store, payment links, invoices, checkout in Egypt.
Flutterwave as a result of these licenses becomes one of the few payment service providers in Egypt with both local and global settlements capabilities.
Flutterwave facilitates cross-border transactions in multiple currencies for global companies, including Uber, and the new licenses will help the company support international businesses entering the Egyptian market or growing their operations in the country. Flutterwave will also be in a strong position to empower…
