What is Dwolla? Dwolla Review, Features

What is Dwolla? Dwolla Review, Features

Founded in 2008, Dwolla is an American e-commerce company that provides an online payment system and mobile payment network of the same name.

About Dwolla

  • Dwolla gets rid of credit cards and credit card processing fees. Pay anyone any amount of money instantly, without a percentage charge based on the transaction amount. Dwolla charges 25 cents for transactions over $10, and no fees for transactions under $10.
  • As long as you have a Dwolla account, you can use Dwolla to transfer money to anyone. Of course, the recipient also needs to register an account to receive the money. One of Dwolla's unique practices is that it uses social networks as contact lists. Users can log in to Facebook and enter their friends' names to transfer money to them.
  • Dwolla’s secure, mobile-first approach unlocks a broad range of account-to-account payment types and flows. A solution that can programmatically process 5 or 5,000 transactions with a single click. Trusted for reliability and scalability with 99.99% uptime and billions of payments processed. Real-time webhooks, different payment flows, and transfer types expand use cases.

Features of Dwolla

1. Multiple capital flows

Pay, Receive or Assist Payment – ​​Choose the transaction type to combine a credit card or debit payment.

2. Faster payment methods

Take control of the timing of your accounts payable or accounts receivable using ACH, real-time payments, push to debit, instant balance transfers, or wire transfers.

3. Digital Wallet

Add wallet-like functionality with Dwolla Balance so verified users can instantly access funds and start making payments.

4. Dedicated support

Equip your team with the resources and dedicated team members to configure a payment solution tailored for your business.

5. Batch Payment

Reconcile up to 5,000 payments at once with just a few clicks.

6. Real-time web hooks

Receive notifications from payment platform APIs about transaction status and other application activities.

7. Sandbox environment

Build your integration in our test environment.

8. Virtual Account

Simplify the process of transferring funds to and from external parties through your Dwolla Balance.


<<:  What is 5pbooks? 5pbooks Review, Features

>>:  What is ROAMpay? ROAMpay Review, Features

Recommend

Shopify and TikTok expand partnership to the Philippines

Recently, Shopify and TikTok announced that they ...

What is giga? giga Review, Features

Founded in 1996, GIGA is an innovative supplier of...

Deep strategic cooperation and synergy SHEIN and Forever21 launch joint brand

On October 29 , ABG Brand Group ( Authentic Brand...

What is Wondershare Player? Review, Features

Wondershare BoBo is a product of Wondershare Tech...

1st in fake reviews! 70% of iPhone reviews on Amazon are fake

Today ( September 8), Apple’s annual fall confere...

What is Holy Stone? Holy Stone Review, Features

Holy Stone was founded in 2014. In just a few year...

Online shopping trends in Indonesia have increased during Ramadan 2021

In the first week of Ramadan this year , online s...

What is Cross-border No.1 Store? Cross-border No.1 Store Review, Features

No.1 Cross-border Store is an online retail platfo...