Virtual Account Numbers (VANs) Pilot Like many of you, we believe open banking is the future. But until now, organizations in the U.S. haven’t been able to connect with banks and fintechs simply and directly, which has potentially limited some companies’ ability to innovate. To solve this problem, Dwolla has developed our Virtual Account Number …

New partnership decreases the development overhead required for businesses to implement and manage a relationship with a payment service provider. Dwolla, a fintech providing sophisticated account-to-account payment solutions for innovative businesses, announced a partnership with Infinicept to provide software companies with the maximum flexibility and benefit in payment processing. “The goal of any fintech partnership …

This is a guest post from Toan Nguyen Le, Co-founder of Haul Trucking in the United States is one of the largest contributors to the U.S. GDP, which contributes to making truck driving one of the most—if not the most—common employee types in the United States. And like many industries today, trucking is suffering from …

As an Accredited Payments Risk Professional (APRP), part of my job is to answer questions from clients and coworkers about the logistics and rules around the ACH Network. While ACH return codes and reversals may not be the most exciting topics, it’s imperative for businesses that participate in ACH transfers to understand. ACH returns (sometimes …

Like many of you, we believe open banking is the future. But until now, organizations in the U.S. haven’t been able to connect with banks and fintechs simply and directly, which has potentially limited some companies’ ability to innovate. To solve this problem, Dwolla has developed our Virtual Account Number (VAN) feature for account-to-account transfers. …

There is no higher priority at Dwolla than supporting our customers. Whether your business is migrating away from an existing payment solution or Dwolla is your first integration with a payment API, we’re invested in your success. The world-class service from our customer success team is one of the most valuable parts of being a …

Let’s set the scene: Your platform needs to transfer funds between your users’ bank accounts within the United States. You’re interested in Dwolla. You’re looking at our API documentation and your account executive keeps mentioning CIP verification. What is CIP verification? Why is CIP verification important? Will Dwolla do CIP verification for me? When considering …

ACH transfers are electronic bank-to-bank transactions used to send or receive money from  personal or business bank accounts. ACH transfer times are predictable because they are processed at predetermined intervals throughout each business day.  Knowing when an ACH payment will process and become available requires understanding both when the transfer was initiated and the specific …