The Dwolla payment system has a number of applications.
The beauty of the system lays in the savings it brings to our users. The following are some of the ways that make Dwolla the best alternative to traditional payment methods.
Almost all payment forms on the Internet force merchants to absorb a 2-5% fee on each transaction. This transaction fee is typically accompanied by a 25 to 35 cent charge for that particular transaction. With Dwolla there is no 2-5% fee. The only fee is the per transaction fee which is set at 25 cents.
Wire transfers have since been the standard for many business to pay one another. The typical $15-25 dollar domestic wire fee can be bypassed using Dwolla. With Dwolla the cost is only 25 cents.
If you are mailing invoices and checks consider Dwolla a new option. You can invoice your clients free through Dwolla and they can pay for less than the cost of mailing the invoice. No wasted paper, no wasted money, and no wasted time. E-Mail has lots of great features. One of our favorites is that you can easily search it! Transactions are hard to find in many online banking systems. With Dwolla you can search your transactions to locate what you are looking for. Dwolla makes it easier for you to find your information.
When you are receiving your billing from a company Dwolla allows them to attach the actual invoice in Adobe PDF form which will remain search able by you. These invoices and attachments are stored free of charge by Dwolla securely on our servers. No need for you to keep the paper copy anymore.
Imagine a world where a company can cut your operating costs by 2-5%. You've just discovered it. How much of your money are you spending on processing credit cards or other services? Ask your clients to pay with Dwolla and keep more of your cash.