Pan-Africa’s payments technology company, Flutterwave has entered into a partnership with Europe’s account-to-account (A2A) payment infrastructure provider, Token.io to power “Pay By Bank” transfer capabilities using its platform.

Flutterwave’s Chief Executive Officer, Olugbenga Agboola, who made the announcement at the ongoing “Money20/20 Europe fintech conference in Amsterdam” on Wednesday, said the A2A payments would be a fast and secure way to move money between bank accounts, especially for Africans.

“Our partnership with Token.io will make it even faster and easier for individuals and businesses to pay and receive money,” Agboola said.

“By partnering with Token.io to provide Account-to-Account payments to our customers, Flutterwave will advance its mission of connecting Africa to the global economy,” he added.

According to the Flutterwave CEO, open banking-powered A2A payments do not require registration or error-prone data entry, making them a seamless payment method.

“End-users would have authenticate A2A payments directly with their bank for a frictionless experience that also delivers higher success rates than market standards, thereby offer merchants cost savings compared to traditional payment methods and settle instantly to improve cash flow”, he said.

Also speaking on the partnership, Todd Clyde, the CEO of Token.io said it underscored the platform’s commitment to enabling payment providers to grow with open banking-powered A2A payments.

“We’re confident that Token.io’s infrastructure will help Flutterwave offer its customers a more comprehensive payment solution, with A2A payments being a key part of this for UK, Europe, Middle East and Africa corridors,” said Clyde.

Samsung Electronics East Africa has entered into a partnership with Kenya’s home appliances store, Housewife’s Paradise, to commence the collection of e-waste for recycling aimed at providing a joint-effort on environmental conservation.

According to Samsung East African Head of Service Division, Ronald Mitei, the collection of e-waste would begin in Nairobi before scaling to the rest of the country by the end of the year.

Under the e-waste management program, Housewife’s Paradise will collect Samsung brand-only e-waste at a customer’s preferred time and date, with the waste delivered to WEEE Centre, the official Samsung recycling partner in Kenya and then be discarded.

“We have been dedicated to responsible e-waste management for the last few years and we now want to scale it up to ensure that we minimize any negative environmental impact of our products,” Mitei said.

“This includes taking responsibility for the end-of-life phase of our products to prevent environmental harm. Our e-waste program and recycling program are an important part of this commitment,” he added while addressing a press conference on Tuesday.

“Samsung Electronics is strongly committed to proper e-waste disposal and we believe in safeguarding our environment through responsible disposal and recycling of electronic waste, transforming it from being hazardous to beneficial.

“Working together with our partners, we can ensure that waste is not just discarded, but transformed into reusable materials.

“This collaboration embodies our shared dedication to sustainable practices, conservation, and the health of our planet,” Mitei added.

Also speaking during the press conference, Managing Director of Housewife’s Paradise, Zul Jamal, said:

“As a responsible home appliance retailer, we understand the importance of proper e-waste disposal.

“It’s not just about selling new appliances; it is also about ensuring that the old ones are retired in a way that is safe for our environment.

“That is why we are devoted to providing our customers with easy access to responsible recycling options, and encouraging the sustainable disposal of electronic products.”