Dwolla's integration with Visa drives trust in
Pay by Bank
DES MOINES,
Iowa, May 16, 2024 /PRNewswire/ -- Dwolla, a
leading U.S.-based account-to-account (A2A) payment solution
provider, today announced its strategic collaboration with Visa, a
world leader in digital payments, to bring advanced account
verification capabilities to Dwolla's A2A solution. This
relationship enhances Dwolla's ability to provide a single,
streamlined solution for mid- to enterprise-sized businesses to pay
and get paid via their bank accounts. Using Visa's new open banking
solutions integrated with Dwolla's A2A payment technology, Dwolla
clients can instantly verify account ownership and check balances
in real time.
"We're thrilled to collaborate with Visa on
providing innovative solutions in the open banking space," said
Dwolla CEO, Dave Glaser. "By
combining financial data backed by the power of the Visa network
and A2A payments into a single solution, we're delivering a robust
unified payment experience for finance and technology teams at
enterprise-sized companies."
Adding Visa's reliable infrastructure to Dwolla's
Open Banking Services creates a single solution for accessing
Instant Account Verification (IAV), balance check, and available
A2A payment methods more securely. Dwolla's pre-integration with
Visa can reduce complexity and accelerate time-to-market for A2A
payment solutions while ensuring a smoother implementation process
for businesses – all through Dwolla's single API. This convenient
framework aligns with the needs of enterprises seeking to modernize
their payment solutions while keeping security top-of-mind.
"We are excited to work with Dwolla to help their
customers simplify financial operations," said Haley Nusbaum, Head of U.S. Visa Open Banking
Solutions. "This integrated solution enables enterprises to gain
access to advanced bank verification tools, enhancing the overall
efficiency and security of their payment processes."
Dwolla and Visa's collaboration comes on the
heels of Dwolla's announcement regarding its Open Banking Services,
which empower mid- to enterprise-sized businesses with the
functionality they need to enable fast and secure A2A transactions
through Dwolla's single API.
About Dwolla
Dwolla is a trusted leader
in payment services, powering innovations with sophisticated
account-to-account payment solutions. Dwolla's robust technology
and easy-to-implement API simplify the complex process of
integrating with the ACH and real-time payment networks to create a
single end-to-end solution. Hundreds of SMBs and Fortune 500
companies use Dwolla's technology to help move over $50B annually. Dwolla's platform is the perfect
solution for businesses seeking to streamline their payment
processes, reduce errors and scale their operations. For more
information on Dwolla's services, visit http://www.dwolla.com/.
Media Contact
Ryan
Walker
ryan@zenmedia.com
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SOURCE Dwolla