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Rihanna - Take A BowMusic video by Rihanna performing Take A Bow. YouTube view counts pre-VEVO: 66288884. (C) 2008 The Island Def Jam Music Group.
Rihanna - Rehab ft. Justin TimberlakeMusic video by Rihanna performing Rehab. YouTube view counts pre-VEVO: 19591123. (C) 2007 The Island Def Jam Music Group.
Key & Peele: Substitute TeacherA substitute teacher from the inner city refuses to be messed with while taking attendance.
Mortal Kombat: Legacy - Season 2 TrailerWatch Season 1 of Mortal Kombat Legacy here: http://www.youtube.com/channel/SWVkIoQKmEa4I The Mortal Kombat Legacy continues in Season 2 as Liu Kang, Kung La...
P!nk - Try (The Truth About Love - Live From Los Angeles)Music video by P!nk performing Try (The Truth About Love - Live From Los Angeles). (C) 2012 RCA Records, a division of Sony Music Entertainment.
David Guetta - Just One Last Time ft. Taped Rai"Just One Last Time" feat. Taped Rai. Available to download on iTunes including remixes of : Tiësto, HARD ROCK SOFA & Deniz Koyu http://smarturl.it/DGJustOne...
YOLO (feat. Adam Levine & Kendrick Lamar)YOLO is available on iTunes now! http://smarturl.it/lonelyIslandYolo New album coming soon... Check out the awesome band the music in YOLO is sampled from Th...
MACKLEMORE & RYAN LEWIS - CAN'T HOLD US FEAT. RAY DALTON (OFFICIAL MUSIC VIDEO)Macklemore & Ryan Lewis present the official music video for Can't Hold Us feat. Ray Dalton. Can't Hold Us on iTunes: https://itunes.apple.com/us/album/cant-...
Draw My Life- Jenna MarblesThis video accidentally turned out kind of sad, ME SO SOWWY IT NOT POSED TO BE SAD WHO WANTS HUGS AND COOKIES? Also, FYI for anyone attempting this, it takes...
Fun.: We Are Young ft. Janelle Monáe [OFFICIAL VIDEO]Fun.'s music video for 'We Are Young' featuring Janelle Monáe from the full-length album, Some Nights - available now on Fueled By Ramen. Visit http://ournam...
Expectations vs Reality: RomanceWhat people expect romance to be vs what it really is... Follow Catherine! https://twitter.com/CDekoekkoek Check out my 2nd Channel for more vlogs: http://ww...
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This article appears to be written like an advertisement. (April 2012) |
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| Type | Private |
|---|---|
| Headquarters | Des Moines, Iowa |
| Founder(s) | |
| Website | www.dwolla.com |
| Type of site | Online payment system |
| Registration | Required |
| Users | 20,000 (June 2011) |
| Launched | December 1, 2009 |
| Current status | Active |
Dwolla (English pronunciation: /də'walə/, rhymes with koala) is a United States-only[1] e-commerce company that provides an online payment system and mobile payments network by the same name. The company was founded in 2008 with services based only in Iowa. After raising US$1.31 million in funding,[2] Dwolla launched in the United States on December 1, 2009, with founders Ben Milne (CEO) and Shane Neuerburg (CTO), in Des Moines, Iowa, and with initially just a few small banks and retailers.[3] Transactions using Dwolla surpassed $1 million a week and its Iowa user-base was overtaken in mid-June 2011, with 20,000 users.[4] The company began with two employees and had approximately 15 employees as of mid-June 2011.[5]
The name Dwolla is a conjunct of "dollar" and "web".[3]
Dwolla began with Veridian Credit Union for banking services, while The Members Group processes their transactions.[6]
Dwolla is notable for its interest among users of Bitcoin, a digital currency. Some Bitcoin exchanges allow users to buy Bitcoins with dollars transferred to the exchange via Dwolla, and allow users to sell Bitcoins and have the proceeds transferred back to them using Dwolla. Although Dwolla representatives have said that they saw growth due to Bitcoin users, they do not offer any official endorsement of Bitcoins.[7]
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Additional products and services [edit]
On May 25, 2011, Dwolla released its FiSync integration, which aims to allow instantaneous transactions instead of the typical 2–3 day of the Automated Clearing House (ACH) transactions.[2] As of June 2011[update], Dwolla has 11 financial institutions who have signed on, providing access to 600,000 potential customers.[3]
In June 2011, Dwolla started Grid, a service that allows a user to avoid entering their credit card information online, while reducing credit card fraud, and being a simple one-click option, similar to Facebook Connect. Grid uses the OAuth standard.
Dwolla's main service to people is that they use a bank account-based payment system, and charge a flat fee of $0.25 per transaction over $10 instead of a percentage. Credit card payment systems charge up to 3.5% of the total amount of the transaction to process those kinds of online payments.
As of April 2013, the Iowa Department of Revenue allows businesses that pay cigarette stamp taxes to now use Dwolla as a method of payment, helping speed up the time payments take as well as reducing processing costs. [8]
See also [edit]
References [edit]
- ^ "How to use Dwolla". Dwolla.com. Retrieved December 3, 2011.
- ^ a b Tsotsis, Alexia (March 25, 2011). "Dwolla's FiSync Lets You Instantly Access Cash, Eliminates ACH Wait Times For Banks". TechCrunch. Retrieved January 22, 2012.
- ^ a b c Wood, Geoff (December 1, 2009). "Dwolla launches in Iowa". Silicon Prairie News. Retrieved January 22, 2012.
- ^ Alexia, Tsotsis (June 16, 2011). "Payments Service Dwolla Hits $1M A Week In Transactions". TechCrunch. Retrieved January 22, 2012.
- ^ Milne, Ben (June 17, 2011). "We've officially passed $1M a week in transactions". Dwolla blog. Retrieved January 22, 2012.
- ^ Needleman, Rafe (December 17, 2010). "Cash is dead, says Dwolla". CNET News. Retrieved January 22, 2012.
- ^ Schreiber, Danny (June 21, 2011). "Bitcoin: What is it and how is Dwolla involved in its marketplace?". Silicon Prairie News. Retrieved January 22, 2012.
- ^ "Iowa Government: Dwolla and Electronic Payments In, Paper Checks Out". www.creditcardprocessingspace.com. Retrieved April 17, 2013.
External links [edit]
