Business

FIRS collaborates with Flutterwave for digital payment collection

Published by

Africa’s leading payments technology company, Flutterwave, is now enabling digital tax collections for the Federal Inland Revenue Service (FIRS), making it one of the few fintechs supporting the government in modernizing tax payments. This development allows the FIRS to leverage Flutterwave’s seamless and secure payment infrastructure to collect taxes, levies, and other payments from businesses and individuals across Nigeria.

Flutterwave’s payment technology simplifies tax payments for individuals, Small and Medium Enterprises (SMEs), and large corporations, ensuring a fast, transparent, and accessible tax payment experience. By integrating with the FIRS, Flutterwave provides diverse digital payment options, real-time reporting and tracking, offline tax payment capabilities, and a secure payment system for Nigerians both at home and in the diaspora.

Olugbenga ‘GB’ Agboola, CEO of Flutterwave, stated: “At Flutterwave, we are committed to leveraging technology to drive efficiency and economic growth. By making tax payments easier and more transparent, we are helping to digitize government collections and support national development which is in line with our mission.”

This integration also brings key advantages, including real-time reporting and tracking of payments, diverse digital and mobile payment options, offline tax payment capabilities, enhanced transparency for both taxpayers and the FIRS, and providing Nigerians in the diaspora an avenue to seamlessly pay their taxes.

These advancements align with the FIRS’ commitment to modernizing government collections and improving user experience.

Olufunmilayo Olaniyi, Senior Vice President, Business Development at Flutterwave, emphasized the company’s dedication to serving Nigerians: “Working with the public sector is pivotal to shaping the future of digital payments

in Nigeria. This underscores our commitment to delivering solutions that serve Nigerians better, foster trust, and drive impactful innovation through strategic collaboration.”

With its proven track record across Africa, Flutterwave continues to play a key role in public sector digitization efforts in Nigeria. In 2024, Flutterwave also partnered with the Economic and Financial Crimes Commission (EFCC) to establish a cybercrime research center, reinforcing its dedication to financial security and innovation.

As one of the primary fintechs facilitating government tax collections, Flutterwave remains at the forefront of financial technology solutions that enhance business operations and enable growth across Nigeria and beyond.

ALSO READ TOP STORIES FROM NIGERIAN TRIBUNE

Recent Posts

APGA remains consensus party to develop Anambra — Gov Soludo

"Together, we will ensure that the voices of our people are not just heard, but…

15 minutes ago

2023 election: Why G5 worked against Atiku, PDP —Ortom

“I was chairman of the zoning committee, but I couldn’t override what the majority wanted.…

40 minutes ago

U.S. House okays Trump’s $9bn foreign aid, media funding cut amid Bipartisan backlash

The bill, passed in the early hours of Friday with a narrow 216 to 213…

53 minutes ago

Trump’s diagnosis: Key things to know about Chronic Venous Insufficiency

Doctors begin by ruling out other causes of leg swelling, such as heart disease, kidney…

2 hours ago

Lagos-Calabar Coastal Highway: Protesters storm Lagos High Court, demand restitution for demolition victims

“Our primary concern is whether the government can take possession of private property without..."

3 hours ago

Tinubu, Akpabio, Abbas, others celebrate Buhari at expanded FEC meeting

•President renames University of Maiduguri after him•Tinubu will uphold dignity of Buhari’s family, Katsina people…

3 hours ago

Welcome

Install

This website uses cookies.