Has anyone ever used Dwolla, a PayPal replacement?

[Hamlet]

I'm wondering if anyone has ever used Dwolla. It appears to be a payment transfer system similiar to paypal, but with minimal fees (25 cents per transaction).

 

https://www.dwolla.com/default.aspx

 

I'm a little sick of the constant hand in my pocket for transactions that should be very cheap to provide. It would be nice to see something like this gain enough traction to provide a little real competition.

 

[USArmyParatrooper]

I would be all about that if it's legit. I wonder what the Ebay/Paypal juggernaut will do to stomp them to the curb. Perhaps a buyout?

[Sal]

i see someone else saw that article in the SF paper the other day. was wondering the same thing myself.

 

i'd be surprised if Paypal does anything; they're at the mercy of the CC companies, who are to PP what it is to Dwolla

[Crazy Eli-migration]

As an online retailer, I think this is terriffic. I'd love to know more. Anyone with experience please post.

 

TIA

[Waylander]

I would be all about that if it's legit. I wonder what the Ebay/Paypal juggernaut will do to stomp them to the curb. Perhaps a buyout?

 

I think it will be more - the Ebay / PayPal machine will crush them before they become a threat - show any competition - which will be a HUGE shame.

 

[USArmyParatrooper]

I would be all about that if it's legit. I wonder what the Ebay/Paypal juggernaut will do to stomp them to the curb. Perhaps a buyout?

 

I think it will be more - the Ebay / PayPal machine will crush them before they become a threat - show any competition - which will be a HUGE shame.

 

 

Here's another factor... I doubt anyone can afford to provide buyer protection at $0.25 per transaction. If that's the case I would still want to supplement my my account with Paypal.

[Kal-El]

This was discussed in another thread and includes a link to a great article which had an interview with the people behind the company. It's as good as it sounds

[Kal-El]

Direct link to the article