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Fast Company: Dwolla is one of the world’s most innovative finance companies
Published on February 12th, 2014 | by Ameena Rasheed
Dwolla, a Des Moines-based company that allows any business or person to send, request and accept money through its payment network, has been named one of the world’s top 10 most innovative companies in finance by Fast Company.
Dwolla made the list for “daring to take on the fee-laden credit card establishment.”
From Fast Company:
Not satisfied with processing $3 million a day in transactions, it rattled the cages of card companies (and PayPal) when it launched Dwolla Credit, a virtual charge card that costs merchants just 25 cents per transaction, well below the standard 2% to 3% fees most credit card companies charge.
Read more here.