Flutterwave announce increase in transaction fees
Flutterwave has recently announced an increase in transaction fees for its services. This adjustment reflects the company's commitment to maintaining a transparent pricing structure while adapting to the evolving market conditions.
Flutterwave has recently announced an increase in transaction fees for its services. This adjustment reflects the company’s commitment to maintaining a transparent pricing structure while adapting to the evolving market conditions.
This change is as a result of increased Fees from their Payment Partners and Global Economic Conditions part of the message informed businesses and users of the platform.
What’s Changing?
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Starting Monday, November 11th, 2024, our processing fee for international card payments will increase from 3.8% to 4.8% per transaction.
Flutterwave has been recognized as one of the most innovative fintech companies globally. It was named “Fintech of the Year” at the African Banker Awards in 2024 and featured on the CNBC Disruptor 50 list for its rapid growth and impact on the fintech landscape
The increase in fees may affect businesses that rely on Flutterwave for processing payments. Companies will need to consider how this change impacts their overall transaction costs and whether they will pass these fees onto their customers.
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