Dwolla launches private beta for its real-time payment system

Des Moines-based startup Dwolla announced Monday that after three months of work, the online payment company will launch real-time payments in private beta. While the blog post announcing the launch offered few details, Dwolla CEO and founder Ben Milne did note…

Des Moines-based startup Dwolla announced Monday that after three months of work, the online payment company will launch real-time payments in private beta. While the blog post announcing the launch offered few details, Dwolla CEO and founder Ben Milne did note the service is currently available to “friends, family and the most active members of the Dwolla network.” The real-time payment system will not change the cost of Dwolla transactions—25 cents for transactions more than $10—according to the company’s blog. Milne spoke Monday about the new real-time payment system at Money2020 in Las Vegas. — Source: Dwolla Blog

 


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This story is part of the AIM Archive

This story is part of the AIM Institute Archive on Silicon Prairie News. AIM gifted SPN to the Nebraska Journalism Trust in January 2023. Learn more about SPN’s origin »

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