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Thread: Dwolla Payment Gateway

  1. #1
    Join Date
    Oct 2010
    Posts
    26

    Default Dwolla Payment Gateway

    Looks to be an upcoming Paypal challenger at flat 25 cents per transaction. Anyone else interested?

    Dwolla

  2. #2
    Join Date
    Nov 2007
    Posts
    6

    Default

    I'm interested

  3. #3
    Join Date
    Apr 2010
    Posts
    58

    Default

    I am very interested in Dwolla and I would love to try it in WHMCS.

    I have had it with PayPal, they just don't care about fraud. I have stopped accepting them for any new customers, and only currently accept it for customers that have auto payment set up just so I don't make them change gateways.

    I look at paypal as simply a money laundering scheme. At least when I accept credit cards I can verify most of the information with a good amount of confidence. With PayPal you have to simply hope that the payment is legitimate. Since papal appears to have very shitty security, which is why on a number of occasions some one has signed up and then paypal says that the account was stolen. One a couple of occasions a week after I called up paypal trying to verify the customers information and they assured me that there would be no problem they go and reverse the transaction, and then tell me that there is no security for virtural goods. All WHMCS customers should take heed since WHMCS is used sell virtual goods, ie services.

  4. #4
    Join Date
    Apr 2010
    Posts
    58

    Default

    Especially since on a $20 transaction through PayPal we would pay 3x-5x less if we used Dwolla!

  5. #5
    Join Date
    Aug 2009
    Posts
    66

    Default

    has anyone made a payment plugin for Dwolla yet?

    thank you

  6. #6
    Join Date
    Jul 2010
    Location
    Ann Arbor, MI
    Posts
    3

    Default

    Also interested. This would be preferable to CC/Paypal.

  7. #7
    Join Date
    Aug 2007
    Posts
    186

    Default

    I looked at this in regards to a high-dollar low-margin webstore I'm working with a client on... The short version is, to get money from a new-to-Dwolla customer the customer has to go through too many steps (create account, add bank account, verify bank account 3-5 business days later, transfer funds, then purchase). After some feedback from potential customers we decided that offering it would actually decrease sales and be too frustrating for the customer.

    (On the other hand if they are already Dwolla users, with sufficient funds in their Dwolla account, it was very very attractive.)

  8. #8
    Join Date
    Sep 2009
    Posts
    65

    Default

    Also interested

  9. #9
    Join Date
    Apr 2010
    Posts
    58

    Default

    Quote Originally Posted by KevinR View Post
    I looked at this in regards to a high-dollar low-margin webstore I'm working with a client on... The short version is, to get money from a new-to-Dwolla customer the customer has to go through too many steps (create account, add bank account, verify bank account 3-5 business days later, transfer funds, then purchase). After some feedback from potential customers we decided that offering it would actually decrease sales and be too frustrating for the customer.
    Any new service will have a set up process. PayPal has a similar set up for their service where you have to wait for your bank account to be verified. Credit Cards have a even longer waiting period, where you fill out a form and wait for approval and then wait for a card to show up in the mail.

    Dwolla is such a savings over all other payment gateways I would not hesitate in offering a discount to all new customers.

    With most credit cards charging around %3 anything over 10 dollars and your are guaranteed to save money.

  10. #10
    Join Date
    Aug 2010
    Posts
    10

    Default

    I am interested in this as well! Looks like a promising company because their main objective isn't to rip off their clients.

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