Dwolla’s mission is to build the ideal platform to move money. Technology has connected the world in beneficial and unprecedented ways but there is so much more it can do to make business more efficient and sustainable, especially when it comes to moving money. When credit card fees eat away at profits with every transaction and paper checks are both expensive and time- and material-intensive, Dwolla offers an alternative. Dwolla is the payment platform that initiates the reliable, efficient, electronic transfer of money that benefits businesses.
Dwolla offers an API for businesses to integrate with as an onramp to the ACH Network, the network of financial institutions in the U.S. that moves trillions of dollars a year. ACH transactions are inexpensive and reliable, sidestepping the fees of credit cards and the impracticality of paper checks. To access the ACH Network, businesses either have to be a bank or credit union or they must go through the arduous, expertise-heavy process of building their own integration—or they can use Dwolla’s white label API to gain access and keep their branding at the forefront.