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Dwolla

 
                                                                    
Posts: 114
Location: Nashville, Tennessee, USA
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Has anyone used Dwolla yet.

www.dwolla.com

It is like paypal but fees are 25 cents a transaction rather than a percentage.
 
Matthew Fallon
Posts: 308
Location: long island, ny Z-7a
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this sounded interesting,
i dug around their site for how it sets up in shopping carts, i guess it only works with the few that are listed under developers/carts.
which all have their owns set of fees. like $30/month for starters. and a % of each sale...pffft.

the 1st one ,shopify, has a 'gateway' page listing dozens of other services, which may be similar to Dwolla...i got overwhelmed at this point and will check it all out when i remake my site..
http://www.shopify.com/gateways


looking again at dwolla. they do have a "hub" page you can add on your website or facebook etc for people to send or request money. and that is free.
pretty cool,needs further study

the issue i see is in order to get paid people will have to go create a new account on this thing, and link their personal bank account(s) to it(which will take a few days to clear).
most would rather use their credit card,or already are use to using paypal. who's heard of dwolla,or can even pronounce it right ?
with CC/paypal there are also measures/protections in place for customers and merchants to use for issues that arise. dwolla seems like it's a direct wire transfer with "no backsies" ?

i like that 25c flat fee though.

are you using it currently?
 
                                                                    
Posts: 114
Location: Nashville, Tennessee, USA
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I set up an account. My bank details were not required.
It sounds like a real credit card company killer.
That is a good thing because they are EVIL.

Here is an article on Dwolla:
http://articles.businessinsider.com/2011-11-11/tech/30381380_1_credit-card-interchange-fees-paypal
 
Dave Bennett
Posts: 644
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I just set up an account too. The process was clean and simple. After reading over much of the site I liked what was presented. Hopefully this will grow exponentially and put a damper on the consumer disadvantage offered to us by commercial banks.
 
Max Kennedy
Posts: 478
Location: Kirkland Lake, Ontario, Canada
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Only in the US, Pity!
 
Max Kennedy
Posts: 478
Location: Kirkland Lake, Ontario, Canada
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still not available in Canada, pity.
 
paul wheaton
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Location: missoula, montana (zone 4)
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I now have a dwolla account.

How do people send me money? I told it my email address - that's how paypal does it.

??

 
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