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Other => Beginners & Help => Topic started by: solareclipse64236 on August 15, 2012, 10:53:52 PM



Title: Cheaper than Dwolla?
Post by: solareclipse64236 on August 15, 2012, 10:53:52 PM
Is there any payment processor cheaper than Dwolla?


Title: Re: Cheaper than Dwolla?
Post by: DeathAndTaxes on August 15, 2012, 10:55:01 PM
There is one but I can't remember the name ... I think it starts with a "B"


Title: Re: Cheaper than Dwolla?
Post by: gllen on August 15, 2012, 11:01:08 PM
Bitfloor does ACH withdraws, ING P2P, and in person bank deposits. All of those are zero fee.


Title: Re: Cheaper than Dwolla?
Post by: solareclipse64236 on August 15, 2012, 11:30:51 PM
clearly no on bitcoin, if it takes more than 1 step process then no


Title: Re: Cheaper than Dwolla?
Post by: Stephen Gornick on August 16, 2012, 12:44:48 AM
Is there any payment processor cheaper than Dwolla?

Dwolla is free for transactions $10 and under, $0.25 for everything else.

They are probably going to be losing money on every transaction until they gain enough volume that they benefit from efficiencies of scale.

PayPal "gift" transactions are cheaper (completely free to use in fact), but that isn't for use as a "payment processor".

clearly no on bitcoin, if it takes more than 1 step process then no

Dwolla is more than one step as well (e.g., transfer funds from a linked bank account first)


Title: Re: Cheaper than Dwolla?
Post by: fbastage on August 16, 2012, 02:03:48 PM
cheaper than $0.25??


Title: Re: Cheaper than Dwolla?
Post by: shtylman on August 16, 2012, 02:22:48 PM
cheaper than $0.25??

free is cheaper than $0.25 :)