In a world where digital payments are the norm, many businesses have begrudgingly accepted the high costs associated with processing credit card payments. However, alternative means of managing payments are rising in popularity.
One such solution is provided by Dwolla. Founded in 2008, Dwolla was designed to make moving money simple, fast, and affordable. The company provides an API that allows companies to build and facilitate fast payments, specifically with a focus on ACH (automated clearing house).
Skyler Nesheim, Senior Vice President of Technology, and Benjamin Schmitt, Vice President of Product at Dwolla, joined Disruption Talks to discuss how it all works. They explain how Dwolla’s payments API works, the challenges faced in the payments industry, and Dwolla’s success secrets.
Hosted by Filip Sobiecki.
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