FinTech company, Flutterwave, has partnered with Telegram as a Bot Payments provider. This comes after on 18 May 2017 the secure messaging company announced an update to their platform which allowed for Bot Payments.
How Telegram Bot Payments work.
The latest Telegram update means that Telegram 4.0 (or newer) users can now order goods or services from bots that offer them through the secure messaging app. This also means that Telegram bot developers can now accept payments from their users anywhere around the world.
"As a payment provider, Flutterwave is now a part of Telegram’s bot ecosystem and is providing developers with the ability to accept payments by charging a user’s card. With this update, making payments is as easy as connecting to the bot and making your payment from anywhere in the world." said Flutterwave in a statement announcing the partnership."
Flutterwave further added that they will be available as a payment provider to Telegram bot developers in Nigeria, Kenya, Ghana and South Africa.
For the rest of the world, Stripe handles most of the payments on the Telegram bot platform, with Razorpay handling payments in India and Paymentwall handling payments the rest of the countries.
Telegram join other messaging in offering payments via chat bots. Earlier in 2017 Paypal announced their first payments bot which is a Slack app, and in 2016 Facebook announced that Messenger bots can accept payments in-app, without having to send users to an external website.