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I don't understand how this thing works. How is it different from paypal? Someone at Dwolla should make a nice infographic explaining it. And a chart comparing
by vinhboy 15y ago
I don't understand how this thing works. How is it different from paypal?
Someone at Dwolla should make a nice infographic explaining it. And a chart comparing Dwolla to paypal, google checkout, etc...
The 25 cents flat fee is the big selling point, but its well hidden in the support page.
- hugs 15y ago1) How it works: Dwolla works by leveraging the Automated Clearing House (ACH) system. But to do that, you have to link your Dwolla account to a checking account. The ACH system is not the credit card system, so it can avoid the requirement to pay a toll, and thus can avoid passing on those fees to their users. 2) How is it different? Dwolla doesn't charge a percentage of the transaction. They only charge $0.25. And now $0.00 for transactions under $10.