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Gtbank, Flutterwave, Now Paystack. Why Are Fintechs Dying To Play In E-commerce - Science/Technology - Nairaland

Nairaland ForumScience/TechnologyGtbank, Flutterwave, Now Paystack. Why Are Fintechs Dying To Play In E-commerce (897 Views)

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Gtbank, Flutterwave, Now Paystack. Why Are Fintechs Dying To Play In E-commerce by okikesam(op): 4:51pm On Jun 26, 2020
Gtbank has been trying to own an e-commerce platform since 2014. They started with Smemarkethub in 2014, and it flunked. And they are now wasting money on Habari. Flutterwave also launched an e-commerce platform not long ago and Paystack just announce another commerce platform today.

Is there something hidden within e-commerce that the payment companies believe that it’s their call to find/solve or is it just a growth strategy?

See the interesting replies on Techpoint Community: https://community.techpoint.africa/t/gtbank-flutterwave-now-paystack-why-are-payment-companies-dying-to-play-in-e-commerce/605
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