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Payment Methods

Standard ACH
Standard processing times.

Same Day ACH
Expedite your payments.

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Transfers in near real-time.

Features

Webhooks
Real-time notifications.

Correlation IDs
Tracking transactions and reconciling bank records.

Addenda Records
Additional transaction information, like a note or memo.

Security

Open Banking Services
Instant account verification, balance checks and fraud mitigation.

Tokenization
Digital interactions result in unique identifiers.

Bank Verification
Smoother, safer, more efficient transactions.

Secure Exchange Solution
Securely exchange data with trusted partners.

Benefits

Sandbox Environment
Simulate use cases and try out features.

Dedicated Support
Supporting your payments journey.

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1 min read

October 2022 | Release Notes

Exchange API:

Get Technical with the Secure Exchange Solution

New API documentation takes you behind the scenes of our Secure Exchange solution. These documents explain how to use the Exchange API to perform specific functions.

Money20/20 Recap:

Did We Miss Each Other?

We sent a team to Money 20/20 in Las Vegas—did you get a chance to catch up with us? If you missed us, or want to connect about the potential of embedded finance, open banking and fintech partnerships—reach out to your Customer Relationship Manager to let us know.

Reminder:

Instant Account Verification Deprecation

At the end of this year, Dwolla will sunset our Instant Account Verification (IAV) product, which is powered by Dwolla.js.

To avoid service disruption, we recommend businesses currently using or planning to use our IAV service to migrate their account verification to one of our third-party data providers (e.g. Plaid, Finicity, MX) before December 31, 2022. Through the remainder of 2022, businesses using our IAV solution should prepare to carry out micro-deposits for account verification in the instance that a bank discontinues support for the current IAV technology.

Please reach out to your account manager with any questions.

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