African payments infrastructure provider, Flutterwave has selected Polygon as its primary blockchain for cross-border payments, addressing high fees and slow settlement times in emerging markets.
In a statement, Polygon said the multi-year collaboration will power instant, low-cost stablecoin payments for global corporations, including Uber and Audiomack across over 30 African countries.
The partnership comes as cross-border payments in emerging markets remain notoriously inefficient, with businesses in the continent experiencing delays in making settlements, and often exceed 8% of the transaction value, among the highest in the world.
By integrating the blockchain network’s infrastructure, Flutterwave aims to deliver instant settlement, low-cost transfers, and transparent flows for both corporations and consumers.
The fintech will begin a phased rollout on Polygon in this year, starting with enterprise customers through Flutterwave for Business, followed by consumer remittance flows on Send App in 2026.
“The collaboration brings stablecoins from crypto exchanges to everyday commerce, from powering Uber driver payouts to enabling small merchants in Lagos, Nairobi, or Johannesburg to receive payments”, said Polygon.
“It’s a major leap forward in how blockchain can solve real-world payment challenges at scale, setting a new standard for financial inclusion and interoperability in the digital age,” it added.
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