Growing vulnerabilities in financial security in Nigeria have led to financial losses for businesses and undermined customers’ trust. For example, unauthorized Point of Sale (POS) frauds accounted for 24.6% of reported cases last year, while web-based fraud made up 16.9% …
Category Archives: Design & Engineering
What is a Hosted Payment Gateway?
Card payments account for about 37% of all online transactions in Nigeria and are projected to continue growing. This means that individuals and businesses who want to keep up with the demands of a growing population need an easy, secure, …
What Are Recurring Payments?
A recurring payment is a type of transaction that allows merchants to charge their customers regularly (e.g., weekly, monthly, quarterly, or annually) for goods or services. Think of it as a system where money is automatically deducted from a customer’s …
Types of Payment Gateways in Nigeria
Software developers implementing payment solutions in their products or for clients face a wide range of payment gateways to choose from. Each gateway comes with its own sets of features, benefits, and limitations, which, if not properly managed, can complicate …
Fintech Evenings Recap: Fraud in Fintech | v1
The recent Fintech Evenings, held on October 24, 2024, at the Flutterwave office, marked the event’s first edition. It brought together industry leaders and enthusiasts to explore pressing issues around fraud in the fintech sector. With a lineup of …
Payment Security Best Practices in Nigeria
At the heart of payment integration is security. Beyond facilitating transactions between parties, security is an exchange of trust. Businesses that store consumers’ credit or debit card information, digital wallets, mobile money, and other sensitive payment details are expected …
How to Integrate a Payment Gateway in Nigeria
As a developer, you’ll need to integrate a payment gateway into a website or application at some point. This could be for your 9-5 job or personal side projects, so it’s important to be well-equipped for it.
This is particularly …
A Developer’s Guide To Implementing Card Pre-Authorization Charges With Flutterwave
Pre-authorization charge (or pre-auth for short) is a transaction involving a temporary hold on a customer’s card. The hold helps to verify that the customer’s card is valid and has sufficient funds to cover the pending transaction without charging the …
From Code to Canvases and Dishes: See the Multifaceted World of Anjola, Our Picasso Engineer
Welcome to another episode of Inside Engineering, in this series, we delve into the lives of Flutterwave Engineers and discover fascinating aspects of their personalities beyond their work and laptop screens. For this episode, we have the pleasure of …
Webhooks and Why They Matter In Your Product
Today, apps leverage communications with multiple servers (or systems) to deliver engaging features for users e.g. when a user subscribes to a newsletter, they receive a notification (usually an email) acknowledging this action. Here, there is a considerable amount of …