Company Snapshot: Dwolla

Dwolla’s network infrastructure is likely to disrupt fee structures for both P2P and small business B2B transactions

Dwolla, the online payments system, provides a network for the transfer of payments between bank accounts. By leveraging the Internet and bypassing traditional payments networks, Dwolla is able to contain costs. The lower fee structure reflects an increasing unwillingness from individuals, merchants, governments, and businesses to shoulder hefty fees for financial services.