Dwolla provides a robust and flexible bank transfer API that you can integrate into your existing platform or application while maintaining control of your brand standards. Design your payment experience to seamlessly fit within your user experience.
The Dwolla White Label bank transfer API allows you to get up and running in a fraction of the time it would take you to build your own solution, and helps you navigate the complex ACH system.
Before you get started building out your White Label bank transfer integration in our sandbox testing environment, read through the common questions asked during the implementation period:
Exception: White Label Receive-Only Customers
If you have users that already have pre-existing Dwolla accounts, they will not be affected when becoming White Label users of your application. We have built our White Label solution in a way that keeps partner integrations and their corresponding ecosystems separate. However, if you are a current Dwolla partner with a pre-existing user base built on Dwolla, we have a way for you to programmatically transition customers over to your White Label application.
In most cases, we require that you send emails to your users in regards to their payment status. For users that are verifying their financial institutions using our micro-deposit or instant account verification software, as well as those that will be sending funds in your system, we require you to put in place email communications that satisfy Reg E and other regulatory requirements. Sending these emails is not only legally required but also an essential part of providing quality customer service and establishing valuable touch-points with your customer. Design the tone, look and feel of your emails in a way that accurately reflects your brand, while leveraging our webhooks to send these communications automatically.
We have an extensive series of webhooks that you can utilize to pull your own custom reports. We are actively in development of a dashboard for White Label partners in which reporting on customers and transactions will be displayed, so stay tuned.
For customers that will be sending funds:
At a minimum, you will need to collect the customer’s full name and email address. You also will need to verify customers’ bank accounts. We provide both instant account verification (IAV) and a micro-deposit method for verifying bank accounts within our White Label solution.
For customers receiving funds only:
At a minimum, you will need to collect the customer’s full name, email address, and a parameter of “receive-only.” You will connect a bank account associated with that customer by providing both account and routing number.
The Dwolla White Label API is flexible and works easily with other software providers you may already have in place. If you have established your own bank verification software, such as Plaid or Yodlee, you can utilize their services to verify bank accounts instead of implementing our bank verification processes. However, we will ask to see evidence that this software is in place and being utilized appropriately.
Integrate our White Label payment solution right into your own platform’s user experience, and start facilitating bank transfers to, from, or between your users. Contact us today and let us help you design a payment solution that fits your needs.
Dwolla, Inc. is an agent of Veridian Credit Union and Compass Bank and all funds associated with your account in our 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.