Our mission

Allow anyone [or anything] connected to the internet to move money quickly, safely & at the lowest cost possible.

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What is Dwolla?

Dwolla is a payment network that allows any business or person to send, request and accept money. We're not like those other big payment companies that rely on plastic cards and charge hefty fees. Instead, we’ve built our own network that securely connects to your bank account and allows you to move money for just $0.25 per transaction, or free for transactions $10 or less.

Discover why thousands of businesses, non-profits, developers and people use Dwolla to move millions of dollars every day.

Why Dwolla?

  1. Anyone in the U.S. can safely transfer money using an email address. Send thousands of payments at once with MassPay.
  2. Developers and non-developers alike can easily build custom payment features and services by exploring our open API.
  3. Financial institutions can partner with us to offer their account holders “always on” real-time transfers, 24/7/365, with FiSync.
  • No credit or debit cards here.

    That’s how we are able to keep our fees so low. Some businesses accept only Dwolla, but most accept Dwolla alongside credit cards and other forms of payment.

  • You can send money to someone even if they don’t have a Dwolla account.

    But, they will need to create one to claim the funds. Businesses need to set up a Dwolla account to accept Dwolla.

  • Only one party pays the fee.

    By default, the receiver pays the $0.25, but the sender can choose to pay the fee instead.

How does Dwolla compare?

  • Cash
  • Credit Card
  • Check
  • Dwolla
  • Use it to buy stuff online
  • No
  • Yes
  • No
  • Yes
  • Use it to buy stuff in real life
  • Yes
  • Yes
  • If they still accept checks
  • Yes
  • Cost to send money
  • Envelope + stamp
  • Free
  • Envelope + stamp
  • Free
  • Cost to receive money
  • Free
  • 2–6% + merchant fees
  • Trip to the bank
  • $10 or less = Free

    Greater than $10 = $0.25
  • Speed (money to business)
  • Instant
  • Instant
  • Many, many days
  • Bank to business: 1-4 business days*

    Dwolla to Business: Instant
  • Speed (money to bank)
  • Instant
  • 2-3 business days
  • Even more days
  • 2-3 business days
  • Send mass payments
  • No
  • No
  • No
  • 5,000 at once
  • Limits
  • No
  • Yes
  • No
  • Personal: $5,000

    Business: $10,000
  • Tree killer
  • Yes
  • No
  • Hates trees
  • Loves trees
  • Shares personal information
  • No
  • Yes
  • Yes
  • No
  • Wallet bulge
  • Bulge
  • Bulge
  • Bulge
  • No
  • You can lose it
  • Yes
  • Yes
  • Yes
  • No
  • ATM fees
  • Yes
  • No
  • No
  • No
  • Incredible customer service
  • No
  • Yes
  • No
  • Yes

*Next Day Transfers are available for approved partners. Learn more.

Why is Dwolla safer than credit cards and checks?

When you pay with Dwolla, you share only your email address, phone number or unique Dwolla ID.

Why is this important? It means more control over your information, less worrying about scary things like identity theft and fraud, and less burden on businesses who accept and store your personal information every time you swipe that credit card.

Read more about Dwolla’s security practices.

Also available as a mobile app.