Flutterwave Facilitates Digital Tax Collections For FIRS 

Flutterwave mentioned it was facilitating digital tax collections for the Federal Inland Income Service (FIRS) to assist modernise tax funds for the federal government.

This growth permits the FIRS to leverage Flutterwave’s seamless and safe cost infrastructure to gather taxes, levies, and different funds from companies and people throughout Nigeria.

Flutterwave’s cost expertise simplifies tax funds for people, Small and Medium Enterprises (SMEs), and huge companies, guaranteeing a quick, clear, and accessible tax cost expertise. By integrating with the FIRS, Flutterwave gives various digital cost choices, real-time reporting and monitoring, offline tax cost capabilities, and a safe cost system for Nigerians each at residence and within the diaspora.

The CEO of Flutterwave, Olugbenga Agboola, acknowledged, “at Flutterwave, we’re dedicated to leveraging expertise to drive effectivity and financial development. By making tax funds simpler and extra clear, we’re serving to to digitize authorities collections and help nationwide growth which is consistent with our mission.”

In accordance with him, this integration additionally brings key benefits, together with real-time reporting and monitoring of funds, various digital and cell cost choices, offline tax cost capabilities, enhanced transparency for each taxpayers and the FIRS, and offering Nigerians within the diaspora an avenue to seamlessly pay their taxes.

“These developments align with the FIRS’ dedication to modernizing authorities collections and bettering consumer expertise.”

The senior vice chairman, Enterprise Improvement at Flutterwave, Olufunmilayo Olaniyi acknowledged that “working with the general public sector is pivotal to shaping the way forward for digital funds in Nigeria.”

Olaniyi added that, “this underscores our dedication to delivering options that serve Nigerians higher, foster belief, and drive impactful innovation via strategic collaboration.”

With its confirmed monitor document throughout Africa, Flutterwave continues to play a key function in public sector digitization efforts in Nigeria. In 2024, Flutterwave additionally partnered with the Financial and Monetary Crimes Fee (EFCC) to determine a cybercrime analysis centre, reinforcing its dedication to monetary safety and innovation.

As one of many main fintechs facilitating authorities tax collections, Flutterwave stays on the forefront of economic expertise options that improve enterprise operations and allow development throughout Nigeria and past.

Flutterwave is the main funds expertise firm that allows companies worldwide to broaden their operations in Africa and different rising markets via a platform that allows native and cross-border transactions through one Software Programming Interface (API).