Dwolla business model

  • Profile Image
    Tom DeForest
    Asked on March 23, 2016 at 11:14 AM

    It's great that there are no transaction fees, but what is the Dwolla business model that allows it to process payments without transaction fees and still make a profit?



    This is a re-post of a comment on You Can Now Use JotForm and Dwolla to Process Payments with No Fees

  • Profile Image
    Mike
    Answered on March 23, 2016 at 11:38 AM

    UPDATE: Unfortunately, Dwolla is discontinuing its product as of October 2018. But if you’re looking for an alternative to collect ACH payments through your forms, you can check out other great alternatives here.

    Dwolla is currently running on a Freemium business mode. If you need their premium features (e.g. Next day transfers, Priority support, White label) you will need to upgrade your Dwolla account to one of their paid plans.

    As of June 4, 2015 Dwolla no longer charge the $0.25 fee for transactions over $10.00 USD.

    If you need any further assistance, please let us know.