Dwolla
dwolla.comSummary
Dwolla provides an API-driven platform for businesses to automate ACH and real-time bank-to-bank payments. It offers solutions for various industries and use cases, including B2B payments, marketplaces, and digital wallets, focusing on streamlining payment operations and enhancing security.
Features8/15
See allMust Have
2 of 5
Transparent Low Fees
Fast Transfer Execution
Mid-Market Exchange Rate Transfers
Multi-Currency Account
Borderless Debit Card
Other
6 of 10
Batch Payments
API Integration
Business Account Features
Spending Analytics
Regulatory Compliance
Customer Support
Real-Time Rate Alerts
Invoice Creation
Mobile App
Multi-User Access
Rationale
Dwolla offers an API-based payment platform primarily focused on ACH and real-time payments (RTP, FedNow) for businesses. While it facilitates money transfers and offers features like a digital wallet, it does not explicitly mention mid-market exchange rates or multi-currency accounts/debit cards, which are core to Wise's offering. Dwolla's focus is on automating B2B payments within the US banking infrastructure, rather than international multi-currency management at mid-market rates.
