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December 2, 2011 02:01 am GMT
Online and mobile payment service Dwolla has announced that all transactions under $10 will have no fee from now on. This is of course great news for small businesses and merchants whose average transaction is below that.The company has a history of experimentation, and the payments space is certainly ripe for disruption from any number of angles, but it's still not clear what has enabled this particular move. After all, operational overhead is a real thing, and while nobody doubts the company's honest interest in changing payment processing, it's not likely they just did this in the spirit of the season.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/7JYkx0yk1dU/
Dwolla Drops Fees For Transactions Under $10 In Prelude To Larger Announcement
Online and mobile payment service Dwolla has announced that all transactions under $10 will have no fee from now on. This is of course great news for small businesses and merchants whose average transaction is below that.The company has a history of experimentation, and the payments space is certainly ripe for disruption from any number of angles, but it's still not clear what has enabled this particular move. After all, operational overhead is a real thing, and while nobody doubts the company's honest interest in changing payment processing, it's not likely they just did this in the spirit of the season.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/7JYkx0yk1dU/
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