Dwolla

Dwolla is a payment network and platform that facilitates bank-to-bank transfers. It provides businesses with an API and tools to integrate direct payments into their applications and workflows. Unlike traditional payment processors that rely on credit cards or debit cards, Dwolla leverages the Automated Clearing House (ACH) network for transactions.

Dwolla's platform is designed to streamline payments, reduce transaction fees compared to card-based payments, and provide enhanced security measures. It offers features such as real-time payment tracking, identity verification, and fraud prevention tools.

The company targets businesses across various industries, including marketplaces, crowdfunding platforms, and businesses needing to process large-volume or recurring payments. Dwolla aims to offer a more cost-effective and secure alternative to traditional payment methods for certain types of transactions. It integrates with existing banking infrastructure, allowing businesses to automate and manage payments directly through their bank accounts.

Dwolla complies with relevant regulatory requirements, including data security and privacy standards.