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What is a dwolla account?

What is a dwolla account?

Dwolla is a white-label service for integrating your business with the ACH network, allowing your business to self-host a platform for sending, receiving and facilitating bank transfers. The product boasts comprehensive security measures and assistance with integrating your business’s software onto its platform.

Does dwolla exist?

Dwolla /dəˈwɑːlə/ is a United States-only fintech company that provides businesses with a connection to the ACH Network or RTP® Network….Dwolla.

Type of business Private
Registration Required (can be done through API)
Users 500,000 (Fall 2013)
Launched December 1, 2010|
Current status Active

What is dwolla used for?

Dwolla, Inc. is a financial technology company that offers businesses an onramp to the Automated Clearing House Network, the electronic funds-transfer system used by U.S. financial institutions that moves $43 trillion annually.

What companies use dwolla?

Who uses Dwolla?

Company Website Country
The Wunder Company wundercapital.com United States
BlueZebra Sports bluezebrasports.com United States

Is dwolla safe to use?

Dwolla is passionate about online safety. Period. They’re compliant with the SOC 2 framework that offers independent third-party assurance that sensitive data is protected.

What companies use Dwolla?

Is Dwolla bank transfer safe?

Well, as we’ve already said, the whole point of Dwolla is to offer users a secure method for businesses to move money. That at the same time, can be easily scaled.

How much does Dwolla charge per transaction?

For each payment that you receive, Dwolla will charge you a fee of 0.5% of the transaction amount, with a minimum fee of $0.01, up to a maximum fee of $5.00 (“Receiving Fee”).

Who uses Dwolla?

Dwolla is most often used by companies with 10-50 employees and 1M-10M dollars in revenue.

How much does dwolla charge per transaction?

Who uses dwolla?

How to use Dwolla as a payment platform?

Initiate a payment to transfer funds. Easily connect payment accounts and move money. Implement a modern and trusted payments API. Millions of users depend on the reliability of Dwolla’s API. Integrate and move money with three easy endpoints. Maintain your branding and control the user experience while using our robust payments technology.

What do you need to know about the Dwolla API?

Welcome to the Dwolla API documentation. This API will give you the ability to connect your software to banking infrastructure to move money, store funds, validate customer identities, and verify bank accounts. All requests should supply the Accept: application/vnd.dwolla.v1.hal+json header.

Is the Dwolla account a Veridian account?

Dwolla, Inc. is an agent of Veridian Credit Union and all funds associated with your account in our network are held in one or more pooled accounts at Veridian Credit Union. These funds may not be eligible for share insurance by the National Credit Union Share Insurance Fund.

What does dwolla.js do for Bank Verification?

Dwolla simplifies a complex process so you can handle payments in a way that actually pays off. Bank verification for developers in just a few lines of code. Dwolla.js powers instant bank verification within your Dwolla API application, never hitting your servers with customers’ sensitive financial information.