Flutterwave has partnered with Token.io to enable seamless A2A payments across Africa and Europe.
A2A payments, also known as “Pay By Bank,” offer a secure and expedient method of transferring funds between bank accounts.
This payment solution harnesses the power of open banking, which allows businesses to directly access customer bank data without the need for complicated registration or error-prone manual entry. A2A payments provide a frictionless payment experience for merchants and customers alike.
Through the Flutterwave and Token.io partnership, businesses operating in Africa and Europe will have the capability to accept A2A payments from their customers.
This will empower businesses with a more efficient and cost-effective means of collecting payments, while also simplifying the payment process for customers purchasing goods and services.
“We are thrilled to collaborate with Token.io to introduce A2A payments to our customers across Africa and Europe,” expressed Olugbenga “GB” Agboola, CEO of Flutterwave.
This partnership will significantly expedite and streamline money transfers, furthering our mission to connect Africa with the global economy.
Todd Clyde, CEO of Token.io, added that they are delighted to join forces with Flutterwave to enable A2A payments in Africa and Europe.
“This partnership represents a remarkable stride towards establishing open banking-powered A2A payments as the preferred payment method for businesses and consumers worldwide.”
The partnership between Flutterwave and Token.io marks a pivotal development in the payments industry. It will simplify the acceptance of A2A payments for businesses in Africa and Europe, while simultaneously enhancing the payment experience for customers.
This collaboration highlights the increasing adoption of open banking-powered A2A payments and underscores the growing significance of open banking within the payments sector.
