Announcements

  • Dwolla Announces Push-to-Debit Payout Solution — PaymentsJournal

    "Dwolla, a leading payments platform, today releases a Push-to-Debit payment functionality to allow for fast payouts to a debit card and give additional flexibility to clients.

    Since its founding in 2008, Dwolla has enabled billions of electronic, bank-to-bank transfers for millions of end users through the ACH Network. During that time, consumers have increased their usage of debit cards—prompting Dwolla to build a solution that addresses the growing demand for funds to be sent directly to a debit card. With the release of Push-to-Debit, businesses can access a programmable payments infrastructure for bank-to-bank transfers and offer a disbursement option for payments to be sent to a user’s debit card typically within 30 minutes."