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I want to know this too. Also, does the consumer have to deposit money into a Dwolla account before buying things? Can devs use there api with checking account
by mattmiller 15y ago
I want to know this too. Also, does the consumer have to deposit money into a Dwolla account before buying things? Can devs use there api with checking account and routing numbers so that Dwolla is invisible to the user? Is there a delay before payments post?
- gibybo 15y agoYou give Dwolla your checking account and routing numbers. They make two random deposits of a few cents within a few days, then you go back to Dwolla and tell them how much the deposits were for. Once your bank account is linked to Dwolla in this way, payments to other Dwolla users are instant. It takes a few days for them to withdraw from Dwolla into their bank account.