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.

How does it work?

  1. Send money to email addresses, phone numbers, LinkedIn connections, Twitter followers, and businesses that accept Dwolla.
  2. Use Dwolla on the web or with the Dwolla mobile app. Send thousands of payments at once using Dwolla MassPay.
  3. Transfer money between Dwolla and your bank or credit union anytime you want, for free.
  • 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 do I use it?

The most simple pricing, ever.

Free

  • Setting up an account
  • Sending money
  • Receiving $10 or less
  • Requesting money
  • Transferring money to/from your bank
  • Setting up a recurring payment
  • Sending mass payments with MassPay
or

25

  • Receiving more than $10

Learn more about our incredibly fair fees.

How does Dwolla compare?

  • Cash
  • Credit Card / Square
  • Check
  • PayPal
  • Dwolla
  • Use it to buy stuff online
  • No
  • Yes
  • No
  • Yes
  • Yes
  • Use it to buy stuff in real life
  • Yes
  • Yes
  • If they still accept checks
  • Yes
  • Yes
  • Cost to send money
  • Envelope + stamp
  • Free
  • Envelope + stamp
  • Free
  • Free
  • Cost to receive money
  • Free
  • 2–6% + merchant fees
  • Trip to the bank
  • 2.9% + $0.30
  • $10 or less = Free

    Greater than $10 = $0.25
  • Speed (money to business)
  • Instant
  • Instant
  • Many, many days
  • Instant
  • Bank to Business: 3-4 business days

    Dwolla to Business: Instant
  • Speed (money to bank)
  • Instant
  • 2-3 business days
  • Even more days
  • 2-3 business days
  • 2-3 business days
  • Send mass payments
  • No
  • No
  • No
  • 250 at once
  • 2,000+ at once
  • Limits
  • No
  • Yes
  • No
  • $10,000
  • Personal: $5,000

    Business: $10,000
  • Apply for increased limits
  • Buy a bigger wallet
  • Yes
  • Yes
  • It's complicated
  • Up to $99 million
  • Tree killer
  • Yes
  • No
  • Hates trees
  • No
  • Loves trees
  • Shares personal information
  • No
  • Yes
  • Yes
  • No
  • No
  • Wallet bulge
  • Bulge
  • Bulge
  • Bulge
  • No
  • No
  • You can lose it
  • Yes
  • Yes
  • Yes
  • No
  • No
  • ATM fees
  • Yes
  • No
  • No
  • No
  • No
  • Incredible customer service
  • No
  • Yes
  • No
  • Good luck
  • Yes

Why is Dwolla safer than credit cards and checks?

When you pay with a credit card, your name, expiration date, and 16-digit card number can be seen, stored, and shared by employees, other businesses, and a handful of potential middlemen.

When you write a check, you expose your name, address, phone number, bank account number and routing number with cashiers, managers, and a list of others.

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.