Flutterwave has secured a Payment Systems Operator (PSO) license from the Bank of Uganda, enabling it to offer its payment solutions to businesses in the east-african country. The company announced this new move on August 28.
Ki kati Uganda, we have brought the wave to you! 🇺🇬🦋
— Flutterwave (@theflutterwave) August 28, 2024
We have secured a Payment Systems Operator license from the Bank of Uganda!
Expanding into Uganda aligns with our vision of a financially connected Africa where enterprises can operate seamlessly on the continent and expand… pic.twitter.com/4WKblu1GkA
This milestone allows Ugandan businesses to accept various payment methods, including mobile money, bank transfers and cards, while also facilitating easy remittances from the diaspora.
The expansion allows businesses to boost growth and efficiency by capitalizing on Flutterwave’s solutions, including payment collection, seamless payouts and invoicing.
