Tag: Flutterwave Gets Court Order To Recover $24M Lost To POS Transactions


  • Flutterwave, Africa’s most valuable startup, will contact over 6,000 account holders across 35 banks and financial institutions to recover ₦19 billion (*$24 million) illegally transferred by POS merchants after a High Court ruling on February 1. “In 2023, we discovered that certain POS device merchants abused their access by conducting unauthorized transactions. In response to…