Dwolla is a newly launched payment processing service that aims to replace high credit card processing charges for online shoppers by offering them a flat 25 cents per transaction fee. But that isn’t the only thing. What’s cool about this new service is that it integrates well with social sites like Facebook and Twitter. So you can easily send and receive money on these sites using Dwolla. The service is currently available only for US users.
Each Dwolla user gets a hub management page on their site for checking and managing their transactions. It also has apps for iPhone and Android to facilitate the easy transfer of money for people using such smartphones. Overall, a nice alternative for services like Paypal and other payment processors who charge a high fee for their service.
- Online payment processor with low transaction fee of 25 cents.
- Integrates with social sites like Facebook and Twitter.
- iPhone and Android apps available.
- US only at the moment.
Check out Dwolla @ www.dwolla.com