We’ve rebranded and bundled Dwolla.com into a new product, called Transfer.
Transfer is a simple web app for businesses without developers on staff. The features range from the things everyone loves, like MassPay and scheduled payments, to new conveniences, like a simple upgrade path for Next Day Transfers or Custom Limits.
Unlike our API products, there’s no coding with Transfer, making it ideal for small to medium-sized businesses looking for a turn-key solution. As usual, we do much of the heavy lifting when it comes to compliance, security, and customer notifications.
The fee is simple and fair: 0.5% per transaction ($0.01 min fee, $5 max fee). You can pay as you go and upgrade as you grow. Once your volume goes up and your transaction fees increase, you can upgrade to a monthly package starting at $250 and remove the transaction fees.
Transfer is compatible with all U.S. bank accounts and you can get up and running in minutes.