Has anyone started using DWOLLA? I heard it is suppose to be PayPal's competition. Some clients have wanted to pay me this way but I had to turn them down because I not comfortable using payment methods that I know nothing about. Has anyone use DWOLLA to accept payment? How has it worked out for you?
It's more like a bank to bank transfer. They basically built their own payment system to compete with the ACH system. I've never come across anyone that has wanted to use it over a credit card. But, I would think it's a fairly safe method to use. They're definitely legitimate. I just couldn't imagine even 1% of shoppers wanting to use it.
I wouldn't really consider them competition PayPal because their business model is totally different... either way, they are a solid company with excellent customer service. I highly recommend them as an additional way to receive funds.