How does Dwolla generate revenue when its fees are close to zero?
Payments
Asked by Question Bot10/Feb/20151 answer
1 Answer
F
Faisal Khan
Answered 10/Feb/2015
The make money on transactions greater than US$10, and presumably they get earnings credit from their credit union for the money they hold in their wallets on behalf of their customers.
The zero cost transaction (those under $10) are actually an incentive to increase their user base and attract more customers.
In the end, Dwolla is a transaction based company, the more transactions they have, the more money they make.
The zero cost transaction (those under $10) are actually an incentive to increase their user base and attract more customers.
In the end, Dwolla is a transaction based company, the more transactions they have, the more money they make.