In today’s digital economy, African businesses need reliable ways to accept international payments. Fincra card collections make it easy to accept card payments in USD, GBP, EUR, and CAD, helping SaaS platforms in Lagos, travel agencies in Nairobi, and e-commerce stores in Accra reach global customers securely and efficiently.
Fincra provides a secure, compliant, and flexible way to accept international card payments. In addition, it enables businesses to settle in foreign currencies and manage everything from a single platform.
What Is Fincra’s Card Collection Service?
Fincra’s card collection service enables African businesses to accept payments from Visa, Mastercard, and other supported cards in multiple currencies, including USD, GBP, EUR, and CAD. In addition payments can be collected via:
- Secure payment links
- Hosted checkout pages
- API integrations and widgets
This allows businesses to receive funds directly into their Fincra multi-currency wallet without needing to open multiple overseas merchant accounts.
How Fincra Card Collections Work
- Activate Card Collections
- Once onboarded, card collections can be enabled via the Fincra dashboard or API.
- Your account is set up to accept card payments in USD, GBP, EUR, and CAD.
- Share Payment Links or Integrate Checkout
- Send one-off payment links to clients.
- Or embed Fincra’s hosted checkout/API into your website or app for recurring or high-volume transactions.
- Customers Pay in Their Local Currency
- UK customers pay in GBP.
- US customers pay in USD.
- Fincra processes payments securely with 3D Secure authentication.
- Receive Funds in Multi-Currency Wallets
- Payments settle in the currency collected.
- Businesses can retain funds or convert them to NGN or another supported currency when needed.
- Manage in One Dashboard
- View transactions, track settlement, generate reports, and reconcile payments efficiently.
Why Card Collections Matter for African Businesses
- Expand Customer Reach: Businesses can accept card payments globally instead of relying solely on bank transfers.
- Get Paid in Hard Currencies: Hold balances in USD, GBP, EUR, or CAD.
- Faster Settlement: Reduce delays compared to traditional wires.
- Higher Conversion Rates: Familiar card options improve checkout success.
- Simplified Operations: No need for multiple overseas merchant accounts.
Fincra’s Card Collection Features
- Supported Currencies: USD, GBP, EUR, CAD
- Global Reach: Accept Visa and Mastercard payments worldwide
- Security: PCI-DSS compliant with 3D Secure authentication
- Settlement: Funds typically available within agreed timelines
- Flexible Integration: API-first for developers, no-code tools for quick setup
- Compliance Ready: Licensed and aligned with Money Services Business (MSB) standards
Why It Matters
For fintechs, platforms, and SMEs across Africa, enabling card collections in USD, GBP, EUR, and CAD is a way to grow internationally while staying compliant. Fincra provides the infrastructure, security, and reporting tools that make global card acceptance both accessible and reliable.
Conclusion: Unlock Global Growth with Card Collections
Supporting card collections in multiple currencies is no longer optional for African businesses operating globally. It enables faster payments, trusted experiences for customers, and greater control over FX and settlement.
Fincra helps businesses accept card payments securely, in the currencies that matter most, while maintaining compliance with international standards.
Disclaimer: This article is for informational purposes only and does not constitute financial, legal, or compliance advice. Businesses should consult with compliance and legal professionals for requirements specific to their operations and jurisdictions.
