Dwolla..

[ultraman6970]

Anybody else is going that way besides me and a few more forumites???

[Volant]

I never heard of it before today. Of course, I live under a rock too.

[Joachim]

I signed up...

[tele]

me too, yet to use it..............

[Joachim]

It seems that if your bank account is verified, Dwolla can withdraw directly from it (does not require to have a balance in your Dwolla account). Plus they avoid using credit cards.

[zetroc]

I just signed up.

[ultraman6970]

Good to know

[572cv]

I'm looking at it.

[Ahneida Ride]

frns and Dowalla

[thinpin]

US only :rolleyes:

[norcalbiker]

I wonder if this will kill PAYPAL?

[slowpoke]

I wish, but it probably won't. Maybe if another larger company bought it and put their name on it to reassure consumers.

[ultraman6970]

If they are smart they wont sell it, well it depends of the investors too but so far if hits continues paypal gonna have to do something about it. They dont need to get money 2 or 3 times in the same item imo. Too much.

[slowpoke]

Yeah, but they need some way to reach out to consumers and become more mainstream.. Superbowl ads?

[ultraman6970]

Well... doubt is necessary to do that for them. That's a way to keep the costs low, word mouth, internet, interviews and forums... all what they need. IMO the problem with paypal and ebay is that they become monsters that pretty much soon will depend 100% from the costumers to survive, dwolla is just small and doesn't need more than 25 cents, they generate enough money to survive big time.

The day another bidding company in the same terms than ebay shows up but just charging a dollar or what ever low fee for item sold then ebay and paypal will suffer big time because everybody will move over there, even amazon and others because amazon has really weird %s also.

Is not necessary to steal people IMO.