Monitor Transaction Activity
Rapid Responses to Payments
Push-to-Debit offers a slew of advantages for businesses wanting to access instant payments. Dwolla allows a payment to be initiated in three steps: create a customer, add a funding source and initiate the payment. The speed, efficiency and control associated with push payments can help a business overcome the challenges with depositing checks and create a competitive advantage to get funds in the hands of their customers quicker.
From P2P to Business Applications
Instant payouts first came to many consumers’ attention through P2P mobile applications, enabling them to quickly reimburse or pay a friend. Since then, businesses in all industries have found a demand for faster payments to consumers, employees or other businesses. Some notable examples include:
- Insurance Claim Reimbursements
- Gig Economy Payments
- Online Lenders
- Retailers and Manufacturers Issuing Rebates or Refunds
- Online Marketplaces
Smooth, reliable transactions are critical to online commerce. Merchants need to be confident that their customers will deliver promised payments in a timely manner for their goods or services provided. And customers need to be confident that their personal identifiable information and account details will remain safe.
Dwolla’s Push-to-Debit feature checks those boxes.