Dwolla was inspired by and created for the web. It is dedicated to providing anyone in the U.S. with an internet connection the ability to safely send money to friends or businesses. The network removes the traditional threat of identity fraud, sensitive financial data, and third-party processors from the transaction, allowing Dwolla to avoid costly interchange fees and move funds under $10 for free, with a flat 25 cents per transaction for over $10.
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E-wallets will equal cards as the most popular payment method globally.
In 2012, $295 billion was processed through e-wallet payments. This is set to rise to $1,656 billion by 2017.
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Dwolla was inspired by and created for the web. It is dedicated to providing anyone in the U.S. with an internet connection the ability to safely send money to friends or businesses. The network removes the traditional threat of identity fraud, sensitive financial data, and third-party processors from the transaction, allowing Dwolla to avoid costly interchange fees and move funds under $10 for free, with a flat 25 cents per transaction for over $10.
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