The Federal Inland Revenue Service has integrated Flutterwave’s payment technology to enable seamless digital tax collection, making the fintech company one of the few supporting the government’s efforts to modernise tax payments.
Flutterwave disclosed this in a statement on Thursday, saying the development allows FIRS to leverage its secure payment infrastructure to collect taxes, levies, and other payments from businesses and individuals across Nigeria.
The fintech giant said taxpayers can make payments through multiple digital channels, providing real-time tracking, offline payment capabilities, and a seamless tax payment experience for Nigerians both at home and abroad.
The move aligns with FIRS’ broader efforts to enhance tax compliance and streamline revenue collection through digital solutions, reinforcing the role of fintech in Nigeria’s public sector.
The Chief Executive Officer of Flutterwave, Olugbenga Agboola, stated, “At Flutterwave, we are committed to leveraging technology to drive efficiency and economic growth. 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.”
The integration also offers key advantages, including real-time payment tracking, diverse digital and mobile payment options, offline tax payment capabilities, and enhanced transparency for both taxpayers and FIRS. It provides Nigerians abroad with a seamless way to fulfill their tax obligations.
The Senior Vice President, Business Development at Flutterwave, Olufunmilayo Olaniyi, emphasised the company’s dedication to serving Nigerians.
“Working with the public sector is pivotal to shaping the future of digital payments “in Nigeria. This underscores our commitment to delivering solutions that serve Nigerians better, foster trust, and drive impactful innovation through strategic collaboration,” he said.
The agency has rolled out various e-governance initiatives, including online tax filing and payment, electronic tax registration, data-driven risk assessment, and taxpayer portals, all aimed at improving efficiency and transparency.
As part of its modernisation efforts, FIRS is set to pilot an e-invoicing platform in July 2025.
The system is designed to enhance tax compliance, provide real-time visibility into business transactions, and streamline invoice management for companies operating in Nigeria.
