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. Pricing is quote-based.
With the service, businesses can receive payments without having to open a merchant account or work with a payment processor (or pay a pesky transaction fee). This can be an option if you operate a business where it makes sense to accept payment via bank transfer. Using Dwolla, your business can have a low-cost method for receiving payments that can also be customized to enhance your business’s branding.
