Flutterwave, Africa’s top payments technology company, is making moves in Ghana again.

This time, they’ve integrated Pay With Bank Transfer in partnership with Affinity Bank, giving businesses another seamless way to receive payments.

If you’ve been paying attention to Ghana’s payment trends, you’ll know bank transfers are on the rise. In 2023 alone, Ghanaians made over 115 million bank transfer payments. That’s a big deal. While Mobile Money (MoMo) still dominates, this shift suggests people are looking for more options.

For businesses using Flutterwave, this integration means they can now accept payments via bank transfers, making transactions smoother and more flexible for customers.

With this new feature, businesses in Ghana can:

• Accept bank transfers as a payment method, making transactions faster and more secure.
• Reduce reliance on cash and mobile money.
• Give customers more options, which can lead to more sales.

Flutterwave’s leadership is clear on why this move matters:

“We are excited to extend our services to the Ghanaian market. By making payment options like Pay With Bank Transfer available for everyday use, we are expanding access to payments and enabling local businesses to thrive.” — Olugbenga Agboola, Flutterwave Founder & CEO

“By delivering essential payment options like Pay With Bank Transfer, we’re providing an easy way for businesses in Ghana to increase revenue opportunities and grow.” — Geoffrey Fiador, Manager, Country Operations & Partnerships, Flutterwave

This update comes shortly after Flutterwave secured approval from the Bank of Ghana to offer inward remittance services. That’s another step toward making digital payments more accessible across Africa.

With a presence in over 34 countries, Flutterwave is cementing its role as a major fintech player, helping businesses bridge the gap between traditional and digital payments. If Ghana’s growing adoption of bank transfers is any indication, this is just the beginning.