If you’re a business that needs a solution for handling ACH transfers within your application, you’ve come to the right place. Having a customer set up recurring bank transfers allows authorized businesses to receive payments from a person’s bank or credit union account. With Dwolla, you’re able to easily manage all the authorization requirements so that your application can make these prearranged payments and deposit entries.
Some examples of how you might use ACH transfers:
Recurring bill payment. Your customers grant ongoing authorization for you to initiate payments from their bank account. This transfer goes through the ACH network, with no per transaction fees imposed by Dwolla.
Direct deposit. If your application initiates payouts to customers or partners, you can use ACH transfers to deposit funds directly into their bank or credit union account.
One-time payments. These ACH transfers are payments from your customer that only occur once for a particular set of goods and services. One example would be an ACH transfer for an annual service contract paid up front.
These examples and many more are great reasons to use Dwolla for ACH services within your application. We make it easy to transfer funds to or from authorized accounts with ACH transactions, keeping the cost of doing business to a minimum. We allow you to build on top of our API so that the entire transaction happens in your ecosystem.
If you just don’t know where to start, please reach out and discover what Dwolla has to offer. We are happy to work with your team to explore your needs, and to find an ACH solution that works for your unique business requirements.
Chat with one of our integration specialists today, or review our extensive developer documentations, guides, and resources.
Dwolla, Inc. is an agent of Veridian Credit Union and Compass Bank and all funds associated with your account in the Dwolla network are held in pooled accounts at Veridian Credit Union and Compass Bank. These funds are not eligible for individual insurance, including FDIC insurance and may not be eligible for share insurance by the National Credit Union Share Insurance Fund. Dwolla, Inc. is the operator of a software platform that communicates user instructions for funds transfers to Veridian Credit Union and Compass Bank.