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Barter by Flutterwave, How it work

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What is Barter?

Barter is a web and mobile app that lets you send and receive money from oversea instantly, and safely, at the cheapest rates, pay utility bills and create (Naira and dollar) virtual cards which can be used for transactions on various platforms. Barter makes it possible for Nigerian users to buy dollars with the naira in their local accounts by creating a Barter virtual card with which to make payments on foreign sites.

How does Barter work?

All the money you receive is stored in your Barter balance. From there you can transfer money to your local bank account or mobile money account. (It only takes a couple of seconds.)

To send money to someone in another country, you can do an instant Barter-to-Barter transfer to them. They will receive the transfer equivalent in their relevant currency in their Barter balance, which they can withdraw locally. For example, you can send $5000 to someone in Nigeria and the recipient in Nigeria will receive the naira equivalent of the American dollar.

Funds from your barter balance are also used to create/fund your virtual dollar card.

Your default currency is decided by your phone number’s country code.

What can I use Barter for?

  • You can use Barter to send or receive money from oversea.
  • You also use Barter to pay bills when you go out for dinner or drinks with your friends or to pay for your Uber ride.
  • You can also create Virtual Cards to pay for your services online, shop for clothes and pay for your utilities.
  • You can use it for Twitter tips.

How to fund your Barter account?

Barter users can fund their account using either of the following methods:

  1. Debit Card: you can link up to 5 debit cards to a single Barter account and you cannot fund your account with a Card that has been used by another Barter account.
  2. Bank Account: you can do a bank transfer directly to the barter account number which will be given to you after you finish your registration.
  3. Mobile Money such as MTN Momo or mPesa etc

Daily transaction limit

There is really no limit to how much you can fund your wallet.

What’s the transfer charge?

Barter uses a flat-rate model. Barter charges $3 for every transfer.

What to do if you mistakenly fund (a second) an unverified Barter account?

You should send an email to [email protected] with the following:

  1. A valid ID
  2. The email addresses of both accounts
  3. A selfie of you holding your valid ID for facial recognition
  4. Screenshots of the debit alert showing proof of funding

What to do in case of unremitted transfer from a third-party bank, mobile money to a barter account.

This might be an issue with the bank. However, send an email to [email protected] with details of the transaction such as proof of debit/session i.d (30 digit sessions ID is gotten from your bank).

What to do in case of unremitted credit from your bank card to your barter account.

We do advise you to wait for some time for the funds to reflect. This might be an issue with the bank.

However, send an email to [email protected] with details of the transaction such as

  • The email address used,
  • The first six & last four digits of the debit card used,
  • The amount sent
  • Transaction date. For them to run a check.

Funding your Barter Account FAQs

Why can’t I transfer via website?

The transfer feature is not available on the website and is only available on the barter mobile app

The transfer feature is only available on the Barter mobile app, at this time.

Are Barter payments free and instant?


Barter to barter is free and instant, but if the person you send a payment to doesn’t have a Barter account, they’ll get it as soon as they download the app and register (we’ll send them a link to make it easier).

However, Flutterwave deducts a small fee when you withdraw into your bank account or mobile money wallet.

Barter by Flutterwave location/Reach

For the time being, Barter operates in the following countries:

  • Ghana
  • Kenya
  • Nigeria
  • Uganda
  • Rwanda
  • South Africa
  • Tanzania
  • Zambia
  • Cameroon
  • Ivory Coast
  • UK
  • Europe (They operate in all countries that use Euro within the European region.)

This means you can make and receive payments in any of these countries’ legal currencies: Euros; British Pounds; Kenyan, Tanzania, and Ugandan Shillings; Cedis; Naira; Rands; Rwandan Franc; Zambia Kwacha; Cameroon & Ivory Coast CFA



What is Barter

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