Dwolla launched on December 1st of 2010. The company powers billions of dollars in commerce annually. Many of their customers are fast-growing technology companies around the U.S. Dwolla financial backing is provided by Union Square Ventures, Foundry Group, and Andreessen Horowitz.
There are no contracts, annual fees or registration charges, and you don’t need to be PCI compliant. In terms of security, Dwolla provides a list of its partners and processes here.
Simply install the extension, and you’ll be able to enter a title and description for your checkout, plus your account and application key. And your customers will then see Dwolla listed as a payment option.
Our payment gateway is based on the Transfer method and the ACH transfers are priced at 0.5% per transaction ($0.01 min fee, $5 max fee).
To start using Dwolla payment method please sign up for a free account.