We understand that not all businesses are created equal and that each has different needs. Whether it’s faster processing times or higher transaction limits, we are here to help you design a payment solution tailored to your business.
For approved partners, as part of a paid white label solution, Dwolla can enable those sending you funds to send up to a custom amount for each transaction and/or have those transactions process the next business day.
This allows users sending to an approved partner to bypass Dwolla’s $5,000 per transaction limit for personal accounts and $10,000 limit for business or nonprofit accounts. This also speeds up transfer times for transactions destined for an approved partner’s Dwolla account to one business day, instead of the standard 3-4 business day bank transfer processing time.
Partners that benefit from raising the per transaction limit on transactions destined for their account are those that need to regularly move large sums of money, such as investment platforms facilitating transfers from investors to development projects.
Partners that benefit from increasing the standard bank transfer processing times of their users are those that frequently receive many payments, such as property management platforms receiving transfers from tenants each month.
If your platform facilitates high dollar or a large volume of bank transfers, you need a payment platform that doesn’t hinder, but supports the way your business operates. Contact an integration specialist today.
Interested in how your business could be utilizing the Access API within your platform or application? Reach out to our sales team.