AFTER DIGITAL TRANSFORMATION
Faster, More Efficient Payment Processing
Automating the payments process end-to-end with Dwolla means faster, smoother and more predictable payments. This builds loyalty with suppliers and distributors.
- Use A2A payment methods (including instant payments) and automation through Dwolla's API to speed up payment processes, save time and money, reduce manual efforts and the risk of human error and improve buyer-supplier relationships.
- Improve cash flow and payment predictability with Dwolla to manage cash position more effectively and grow supplier and distributor networks.
- Get working capital into your accounts quickly, giving you cash on hand to grapple with unforeseen challenges or opportunities, such as emergency payroll or just-in-time supplier payments.
Increased Payment Visibility
A2A payments with Dwolla are traceable throughout the payment process, and correlation IDs and webhooks help with payment tracking and status updates. They also allow for straight-through reconciliation of payments.
- Replace cash, paper checks and wires, which are classically hard to track and confirm, with Dwolla Connect’s A2A payments and payment automation.
- Get access to important payment data in real-time, and easily identify and focus on payments that need manual intervention.
- Track payments between Dwolla and your other systems, and take advantage of automatic reconciliation.
Increased Payment Security
Since Dwolla Connect is a tokenized solution, account and routing numbers are stored and transmitted with a token instead of having to pass the numbers themselves every time a payment is made.
- Replace sensitive data with tokens so no sensitive data is transmitted when a payment is initiated through Dwolla's API.
- Decrease the risk of sensitive data being intercepted by bad actors.
- Eliminate manual processes to reduce errors caused by human intervention and the number of people with access to and handling sensitive supplier and distributor data.
