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Dwolla

dwolla.com
Summary

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.

Features
8/15
See all

Must 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.

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