When Union Square Ventures invested in Dwolla we were excited about the team’s approach to payments. But there was a big limitation which made initial use of Dwolla a bit daunting: you had to have a funded Dwolla account which could take several days to set up. Today Dwolla is launching guest checkout which allows anyone to get going immediately!
Having the guest checkout option also makes accepting Dwolla more interesting and the company has lined up 20 launch partners. In addition to ecommerce there are a wide variety of use cases for guest checkout such as donations. It also provides an easy replacement for businesses that still accept paper checks from customers.
You can find more detail in Dwolla’s blog post where you can also learn about Dwolla Price and the first two POS integrations (one with New York-based ShopKeep). While you read please excuse me as I shop for some new sunglasses at Tortoise & Blonde which now accepts Dwolla.