Flutterwave vs Chipper Cash, which is better and why

Sponsored Links

Flutterwave and Chipper Cash are two leading fintech platforms in Africa, offering cross-border payment solutions with varying strengths and weaknesses.

Flutterwave vs Chipper Cash, which is better and why
Flutterwave vs Chipper Cash, which is better and why

Flutterwave has a wider reach and offers payment services in more than 30 countries. However, it has higher fees compared to Chipper Cash. On the other hand, Chipper Cash has a focus on peer-to-peer payments and lower fees, but it is only available in a few African countries at the moment.

In this blog post, we will compare and contrast these two platforms on various factors, such as reach, payment services, fees, and security, and provide you with tips on choosing the right platform for your specific needs. So, stay tuned to find out which platform is better for you.

Overview of flutter wave 

Flutterwave is a payment platform founded in 2016 by Iyinoluwa Aboyeji and Olugbenga Agboola. The company is headquartered in San Francisco, California, and has operations in Lagos, Nigeria. 

How popular is Flutterwave in Africa and Nigeria? 

Flutterwave has become popular in Africa and Nigeria thanks to its transparent payment processing system. Its ability to support payments in multiple currencies and banks has made it the preferred choice for many businesses operating in Africa. 

Notable businesses in Nigeria that have used Flutterwave as a payment method 

Some notable businesses in Nigeria that have used Flutterwave as a payment method include Paystack, Jumia, PiggyVest, and Andela. By using Flutterwave’s services, these businesses can provide their customers with a secure and reliable payment gateway. 

Payment Services Offered by Flutterwave 

Flutterwave offers a variety of payment services to meet the needs of businesses of all sizes. Some of the payment services provided by Flutterwave are: 

  1. Payment gateway integration
  2. One-click payments
  3. Recurring billing
  4. Invoice payments
  5. Barter – a mobile payments app

Features of Flutterwave 

Flutterwave comes with unique features that make payment processing easy and seamless. Some  features are: 

  • Multi-currency support 
  • Fraud detection and prevention 
  •  Comprehensive reporting and analytics 
  • Seamless checkout experience 
  • Customizable checkout page 

Flutterwave is a trusted payment platform that provides businesses with ease of payment processing capabilities. Its popularity in Africa and Nigeria is proof of its effectiveness and many notable businesses have used its services as a means of payment. With a variety of payment services and features, businesses of all sizes can benefit from using Flutterwave as a payment gateway.

» MORE:  Moniepoint Office Address Lagos, Port Harcourt, Abuja, other States

Overview of Chipper Cash 

Chipper Cash is a payment platform that allows users to trade, send, and receive money in African countries. It was founded in 2018 by Ham Serunjogi and Maijid Moujaled and is headquartered in San Francisco, California, United States. 

How popular is Chipper Cash in Africa and Nigeria? 

In Africa, Chipper Cash has over 3 million users and processes over 80,000 transactions per day, making it one of the fastest-growing fintech startups on the continent. In Nigeria, it has become a popular payment app with thousands of users making seamless transactions daily. 

Notable Nigerian businesses  that already use Chipper Cash: 

Some notable Nigerian businesses that trust Chipper Cash as a payment method include, SawaPay, and Bolt (formerly known as Taxify). 

Payment services provided by Chipper Cash: 

  1. Money transfer:  Users can send and receive money across African countries at low costs, with transactions taking just seconds. 
  2. Mobile Recharge: users can recharge their phone number directly on the platform without any additional fees. 
  3. Pay bills:  Users can pay utility bills, buy airtime, and pay other bills easily. 

Features of Chipper Cash: 

  1. Free registration: Users can easily create an account and start trading within minutes without any fees. 
  2. Multiple currencies: Chipper Cash supports multiple currencies, making cross-border transactions easy. 
  3. Low transaction fees: Chipper Cash offers one of the lowest transaction fees, making it profitable for users. 
  4. Instant Notifications: users receive instant notifications for every transaction made, making it easier to track their finances. 
  5. Customer Service: Chipper Cash offers excellent customer service, with a chat feature that allows users to get their questions answered within seconds. 

Now that we have introduced each platform, let’s quickly go to the better questions.

Flutterwave vs Chipper Cash-Supported Countries

Flutterwave Supported Countries

Kenya, Nigeria, Tanzania, Uganda, Ghana. 

Rwanda, South Africa, Zambia, United Kingdom, Ivory Coast, Canada, Belgium. 

Cameroon, Austria, Estonia, Ireland, Cyprus, Greece, France, Germany, Finland, Portugal, Spain, Malta, Italy, Slovenia, The Netherlands, Luxembourg, Latvia, Slovakia, The United States, Finland.

Chipper Cash Supported Countries 

Kenya, Nigeria, Tanzania, Uganda, Ghana, Rwanda, South Africa.

Our Verdict 

Based on the country outreach, the Flutterwave payment platform is better than Chipper Cash. 

Flutterwave vs Chipper Cash Registration and Onboarding 

  1. Registration process
    • Flutterwave:  The registration process on Flutterwave is very simple. You must provide your email address, and password, and select your country to create an account. They will then ask for your name, phone number, date of birth, and address to complete your profile. 
  • Chipper Cash: On the other hand, the Chipper Cash sign-up process is more comprehensive. You’ll need to provide your email address, phone number, and full name, and create a password to start the process. Then, to complete your account, you must provide your address, date of birth, and photo identification. 

Our Verdict 

Both platforms have a simple signup process, but the additional verification process on Chipper Cash takes longer. 

  1. Verification process:
  • Flutterwave: After registration, Flutterwave will verify your email address and phone number before activating your account. To access higher trading limits, you may need to provide additional KYC (Know Your Customer) documents. 
  • Chipper Cash: Chipper Cash requires additional information to verify your identity, including photo identification and a selfie of your holding identification. 
» MORE:  Crediamigo: Empowering Financial Dreams with Banco do Nordeste

Our Verdict: 

Chipper Cash has a thorough verification process but may take longer than Flutterwave. 

  1. User Interface:
  • Flutterwave: Flutterwave’s UI  is user-friendly, with clear navigation and intuitive design. 
  • Chipper Cash: Chipper Cash has a straightforward interface, but some users find the user experience less refined than other platforms. 

Our Verdict: 

Flutterwave has a better user interface with a cleaner design and more intuitive navigation. 

  1. Fees:
  • Flutterwave: Flutterwave charges  1.4% + 50 NGN  per transaction. Fees may vary depending on the country and payment method used. 
  • Chipper Cash: Chipper Cash has no transaction fees, but users may incur fees from their respective banks. 

Our Verdict: 

Chipper Cash has a clear advantage when it comes to fees. 

  1. Security: 
  • Flutterwave: Flutterwave uses industry-standard encryption to secure your data and transactions, making it a secure platform. 
  • Chipper Cash: Chipper Cash uses AES 256-bit  encryption to protect your data and transactions. 

Our Verdict: 

Both platforms use strong security measures. 

Chipper Cash vs Flutterwave Transaction Limit

When it comes to transaction limits, it is important to understand the difference between Chipper Cash and Flutterwave. Here are some key points to consider: 

Chipper Cash Transaction Limit: 

  • For local transactions in Nigeria, you can send up to ₦2 million per transaction and up to ₦5 million per day. 
  • International transactions are limited to $1,000 per transaction and $10,000 per month. 
  • You may be asked to provide additional verification if you exceed certain transaction thresholds. 

Flutterwave Transaction Limits: 

  • Transaction limits vary depending on the payment method and currency used. 
  • For example, with a Mastercard or Visa card, you can make up to 10 transactions per day and up to 5,000 USD per transaction. 
  • For bank transfers, the limit may be higher or lower depending on the bank and currency. 
  • Additional verification may be required for certain transactions or account levels. 

Our Verdict: 

Both platforms offer reasonable trading limits that should meet the needs of most users. However, if you frequently trade internationally, keep in mind that Chipper Cash has lower limits than Flutterwave. 

Flutterwave vs Chipper Cash Features

When it comes to payment platforms, Flutterwave and Chipper Cash are two of the most popular and trusted options available on the market. Each platform has its features, advantages, and disadvantages. 

Here is a comparison of the features of the two platforms: 

  1. Availability by country: Flutterwave is available in over 30 African countries, while Chipper Cash is only available in seven African countries. 
  2. Payment methods: Flutterwave supports payments via Mastercard, Visa, and Verve cards, as well as bank transfers and mobile wallets. Chipper Cash only facilitates mobile money transfers. 
  3. Supported Currencies: Flutterwave supports over 150 currencies, while Chipper Cash only supports a few African currencies. 
  4. Transaction Fees: Chipper Cash offers free transactions within the platform, while Flutterwave charges transaction fees that vary depending on the payment method, payment destination, and currency. 
  5. Integration Options: Flutterwave offers seamless integration with many e-commerce platforms and websites, while Chipper Cash only allows integration with a few third-party platforms. 
  6. Customer Support: Both platforms offer customer support via email and phone. Flutterwave also offers a live chat option which Chipper Cash does not offer. 
» MORE:  Kuda Bank Fake Transfer & Payment Alert: How to be Safe

The features of both platforms are impressive in their ways. Professionals working with traditional payment methods may prefer Nigeria-based Chipper Cash, while Flutterwave stands out for its wide range of payment options and currency support. 

Chipper Cash vs Flutter Wave Pros and Cons

When it comes to online payment platforms in Africa, Chipper Cash and Flutterwave are two of the most popular options. Here is an overview of the advantages and disadvantages of each: 

Chipper Cash Pros: 

  • Can be used in many African countries. 
  • Offers zero fees for transactions made in local currency. 
  • Provide a secure and fast payment experience. 
  • Easy to use and user-friendly interface. 
  • Offers a referral program that rewards users with money for referring others. 

Chipper Cash cons: 

  • Does not support international transactions. 
  • Limited payment options for merchants. 
  • Possible transaction error due to network problem. 
  • Limited customer support options. 

Flutterwave Pros: 

  • Accessible globally. 
  • Supports all major payment methods. 
  • Provides anti-fraud protection and compliance with international payment regulations. 
  • Allows international transactions. 
  • Provide a simple onboarding process for sellers. 

Flutterwave cons: 

  • Transaction fees may be high for some users. 
  • Limited quantities in some African countries. 
  • Refunds may take longer. 
  • Not friendly to new users. 
  • Limited customer support options 


Chipper Cash and Flutterwave both have their pros and cons. Depending on what you need from a payment platform, each may serve you better than the other. To make a well-informed decision, be sure to compare the features of each platform and evaluate the cost-to-benefit ratio.

FAQs on Flutterwave vs Chipper Cash, which is better and why.

1. What is the main difference between Flutterwave and Chipper Cash? 

Flutterwave is a payment platform that enables businesses to accept payments from customers in Africa and around the world. Chipper Cash is above all a mobile money transfer app that allows you to send and receive money between individuals. 

2. Which platform offers more payment options? 

Flutterwave offers more payment options than Chipper Cash. It supports debit and credit cards, bank transfers, mobile wallets, and other payment types. On the other hand, Chipper Cash only supports mobile money transfers

3. Which platform charges less? 

Chipper Cash is known for its low or no mobile money transfer fees. On the other hand, Flutterwave charges based on the type of payment method used and the transaction amount. 

4. Which platform is the most trustworthy? 

Both platforms have experienced technical problems and downtime in the past. However, Flutterwave is known for its robust infrastructure and reliability compared to Chipper Cash. 

5. Which platform should I choose for my business? 

It depends on your business needs. If you primarily do mobile money transfers,  Chipper Cash may be the best choice for you. However, if you need more payment options and a more reliable platform,  Flutterwave may be a better solution. 


In conclusion, both Flutterwave and Chipper Cash have their pros and cons. Deciding which platform to use largely depends on your business needs and preferences. If you need a powerful and reliable payment platform with more payment options,  Flutterwave is a good choice. On the other hand, if you need a mobile money transfer service, Chipper Cash is probably your best bet.

Sponsored Links

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button

You cannot copy content of this page