If you are a regular online purchaser using massive credit card transaction every month, then you are the one who is going to benefit from that very soon. Well if you are in Mauritius, that’s one big sad story, Keeping that asside we sincerely hope that DWOLLA is going to make it up to us soon. Well don’t seriously ask us how soon its going to be.
The political agenda for the country is so hidden so we will not promise you what is going to happen in anytime in the future. We at Quatre-Bornes.com here to provide you the technology info which you might not be aware of or you might not be interested in. But we are forcing you to know coz the world is changing and you are compelled to change one time in future. So here is your dose of technology DWOLLA… say Voilla
There’s a tiny 12-person startup churning out of Des Moines, Iowa.
Dwolla was founded by 28-year-old Ben Milne; it’s an innovative online payment system that sidesteps credit cards completely.
Milne has no finance background, yet his little operation is moving between $30 and $50 million per month; it’s on track to move more than $350 million in the next year.
Unlike PayPal, Dwolla doesn’t take a percentage of the transaction. It only asks for $0.25 whether it’s moving $1 or $1,000.
We interviewed Milne about how he is building a credit card killer and Square rival from the middle of the nation where VCs and press are scarce.