From L-R: Gbenga Badejo; Olufunmilayo Olaniyi, Senior Vice President, Business Development, Flutterwave; Dr. Zacch Adedeji, Chairman, FIRS; Olugbenga ‘GB’ Agboola, Founder and CEO, Flutterwave and Oluwabankole Falade, Chief Legal, Regulatory Affairs & Public Policy Officer, Flutterwave, in Abuja, Nigeria.

Payments technology company Flutterwave said it is enabling digital tax collections for Nigeria’s Federal Inland Revenue Service (FIRS) and added that it is one of just a few fintechs supporting the government in modernising tax payments.

In a statement, the company said this development allows the FIRS to leverage Flutterwave’s payment infrastructure to collect taxes, levies, and other payments from businesses and individuals across Nigeria.

The tax payment facility on Flutterwave’s technology accommodates payments from individuals, SMEs, and large corporations.

According to the payments company, by integrating with the FIRS, it 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: “By making tax payments easier and more transparent, we are helping to digitise government collections and support national development which is in line with our mission.”

Olufunmilayo Olaniyi, senior vice president, business development at Flutterwave, said: “Working with the public sector is pivotal to shaping the future of digital payments in Nigeria.”