January 15, 2020
Dwolla helps companies grow quickly and affordably
Updated on February 06, 2020
Modern businesses need a payments solution that is fast, easy, and secure. Dwolla aims to provide it.
With Dwolla, businesses can start accepting ACH payments simply by adding a few lines of code to their website. Dwolla’s white-label, developer-friendly API connects to the ACH Network with near-perfect reliability, so moving money is simple, seamless—and significantly more affordable than credit cards.
“We measure our success by the success of our customers,” said Ben Milne, founder and CEO of Dwolla. “We take care of facilitating the movement of money so they can focus on growing their business.”
Dwolla was founded in 2008. Now, they move more than $15 million over the ACH Network every day. Unlike credit cards and many other payment platforms, Dwolla assesses their customers’ needs to arrive at tailored pricing models. That way, payment processing fees are cost-efficient and predictable on a month-to-month basis.
“We want business owners to be able to plan for the future,” explained Genny Couch, Director of Strategic Partnerships at Dwolla. “If you’re processing 10 payments per month, accepting credit cards isn’t a problem. But as volume increases, high transaction fees become increasingly painful.”