Flutterwave, a leading African payment technology company, has joined forces with the Federal Inland Revenue Service (FIRS) to enable digital tax collections in Nigeria. This partnership aims to simplify and modernize tax payment processes for businesses and individuals through Flutterwave’s secure and efficient payment infrastructure. By leveraging this collaboration, FIRS can now facilitate the collection of taxes, levies, and other payments nationwide, promoting transparency and ease in transactions.
With this integration, Flutterwave offers a variety of digital payment options that cater to individuals, SMEs, and large corporations. The system ensures faster, more transparent, and easily accessible tax payment solutions, including real-time payment tracking, diverse mobile payment methods, and offline payment capabilities. This makes the process more convenient for Nigerians, whether they are at home or in the diaspora, contributing to a more inclusive financial ecosystem.
Olugbenga ‘GB’ Agboola, CEO of Flutterwave, emphasized that the company’s involvement in digitizing tax payments aligns with its mission to drive economic growth and efficiency through technology. The integration with FIRS supports the national objective of modernizing government collections, enhancing both user experience and operational efficiency. Agboola’s statement underlined Flutterwave’s commitment to innovation and supporting public sector digital transformation.
Flutterwave’s partnership with FIRS highlights the company’s ongoing efforts to foster trust, improve financial services, and bolster Nigeria’s technological infrastructure. The company’s significant role in public sector digitization is further reinforced by its 2024 collaboration with the Economic and Financial Crimes Commission (EFCC) to establish a cybercrime research center. As a key player in advancing financial technology, Flutterwave continues to empower businesses and promote growth across Nigeria and the wider African continent.
source: tribune