To say the internet has changed how businesses interact with individuals—whether as consumers, independent contractors or by facilitating interactions between individuals—is an understatement. Payment platforms, like Dwolla, help businesses simplify payments. As the landscape of payments has changed, both the Internal Revenue Service (IRS) and state legislatures have taken notice and implemented reporting requirements for …

Dwolla expects the higher limits to substantially expand Same Day ACH payment adoption as companies with larger transaction sizes stand to benefit most. Des Moines, IOWA — May 16, 2022 — Dwolla, a fintech powering innovation with sophisticated account-to-account payment solutions, celebrates Nacha’s announcement of the Same Day ACH transaction limit increase from $100,000 to …