Dwolla is an Ecommerce company which provides an online payment system and mobile payments. In such a way that users can make all their payments using their mobile devices and the online platform. This company was founded in 2008 with services initially based in the city of Iowa, United States.
By 2011, the company had grown to 20.000 users and was processing 1 million pains a week for the first time. It should also be noted that Dwolla started with Veridian Credit Union for banking services, while members of the Iowa Credit Union League group are in charge of processing your transactions.
Thanks to this payment platform, customers can send and receive ACH payments without any difficulty. The company's experts have spent years developing an easy way for businesses to seamlessly navigate and make bank transfers. The service also stands out because you can take advantage of its ACH API for bank transfers within a platform or application.
For this, all the necessary development documentation is provided, in addition to easy-to-use test environments for the ecommerce owner to design their ideal payment solution and thus reach the target market in record time.
On the subject of security, the online payment platform Dwolla maintains full control of information privacy, plus transactions do not pass sensitive financial information to recipients. Not only that, a token system is used that replaces high-value data in a financial transaction with a time-based token message.
The payment platform is built with a high focus on the cloud environment, where complete security is also offered, in addition to the fact that Internet traffic is routed through an intelligent network with the intention of improving performance and attacks.