Dwolla
A new payment network devoid of interchange fees
Category: Credit Cards & Online Payments
Email:
Website:
http://www.Dwolla.com
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Description: Dwolla is a payment network for the 21st century. Much like Visa and Mastercard, Dwolla allows users to spend money with merchants, both online and off. Unlike Visa and Mastercard, Dwolla transactions are devoid of costly interchange fees and the liabilities of holding onto financial information. Instead, Dwolla provides merchants a secure flat 25 cent fee per transaction, no matter how high the purchase amount.
Other benefits:
- Accessible APIs for third party innovation on our online and mobile payment network
- In-store mobile payments for 25 cents a pop with Dwolla Proxi
- Transactions devoid of sensitive financial information (PCI compliant)
- Easy integration with Shopify, Magento, CRE Loaded, OS Commerce
- No monthly costs, membership fees, interchange, etc. Just 25 pertransaction cents.
- $10,000 withdrawal limits for merchants ($5,000 for regular users)
Information about Dwolla: Founded in 2008, Dwolla is a new cash-based payment network that connects to users bank accounts to send and receive funds for the lowest transaction cost in the nation. After a Series A round of funding with two regional financial institutions, Dwolla went national Dec. 1, 2010 and quickly made a name for itself in the online and mobile payment space.
As of July 2011, Dwolla is processing $1 million a day, offering our users an approximate daily savings of $30,000 over credit card networks.
FAQ: Please see dwolla.com
Contact us: support@dwolla.org
Feel free to check out our mobile products for in-store payments!
Dwolla
206 6th Ave., #1104
Des Moines, Iowa 50309
USA
515-280-1000
