The eNaira is a digital currency produce by the Central Bank of Nigeria that offers a distinct kind of money that is pegged in naira. It provides better payment possibilities in retail transactions than cash; and functions as a store of value in addition to being a medium of exchange.
Over 1 million businesses on Flutterwave’s platform may now accept eNaira payments from their consumers, according to the company’s announcement. Flutterwave is the top payments technology provider in Africa.
Flutterwave enables businesses to provide their clients with more than a dozen different payment options. Nigerian businesses can now accept payments from clients who have the eNaira app using eNaira.
Global retailers, payment service providers, and Pan-African banks can accept and process payments through any channel thanks to the technology, infrastructure, and services provided by Flutterwave (Web, Mobile, ATM & POS).