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So, I tried Dwolla

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Re: So, I tried Dwolla

#71

Post by jacques_chester »

etfb wrote: post #66

America is a funny place. You can get 127 varieties of salad dressing at your local supermarket, but you can't pay for it except with cash, unless you want to be hit with credit charges, and when you do the prices are not as marked. Australia, in sharp contrast, has laws requiring that the price on the shelf matches the price at the register -- some of them even allow you to get incorrectly-priced items for free, alt…

One key difference: banks in Australia have high assurance of identity because of the 100-point check, which non-Australians may find sounds a bit like what Dwolla were asking for.

http://en.wikipedia.org/wiki/100_point_check

Re: So, I tried Dwolla

#72

Post by idiot900 »

aidenn0 wrote: post #50
uuilly wrote: post #40

I tried to use Dwolla and it it was absurd. I set my account up fine. My friend sent me $1200 for a ski lease. I withdrew it and it appeared to work. Days later when the money did not appear in my bank account, I checked back and it said, "processing withdrawl" (or something like that.) It said that for many days before I contacted them. They said I needed to scan my drivers license and send it to them. The only acco…

Every bank I've opened an account with has asked for photo id...

Do they ask for it up front, or at some random point without warning after telling you the account has been successfully set up?

Re: So, I tried Dwolla

#73

Post by dkhenry »

As a word of warning to those who would try Dwolla. Not only do they ask for tons of information as many posters have mentioned, but they will not remove your data if you close an account. If you read the Terms of Service Closely they dictate they they will keep your data for a _minimum_ of three years and possibly indefinitely. This includes your name, address, phone number, SSN, and Drivers License. Think twice about how much you trust them before you fork over information to a company that provides you with that kind of ultimatum.

Re: So, I tried Dwolla

#74

Post by throwaway04583 »

zefhous wrote: post #21

What a poorly written and immature article! Calling Dwolla "a bunch of clowns" because you couldn't get your account verified right away is just ridiculous. It's also ridiculous to claim to "understand the whole fraud aspect" and then imply that they are engaging in fraud because the money hasn't been transferred back to the other guy's account within a single business day. And claiming that Dwolla is too good to be…

Dwolla shill located.

Re: So, I tried Dwolla

#75

Post by jusben1369 »

etfb wrote: post #66

America is a funny place. You can get 127 varieties of salad dressing at your local supermarket, but you can't pay for it except with cash, unless you want to be hit with credit charges, and when you do the prices are not as marked. Australia, in sharp contrast, has laws requiring that the price on the shelf matches the price at the register -- some of them even allow you to get incorrectly-priced items for free, alt…

Hah. Australia's population is half of California's so having "singular" experiences is just a wee bit easier. I'm not sure what you're referencing with prices being different between cash and credit. It sounds like you might have been struggling with county taxes that vary significantly and thus mean you don't see the final price till you pay.

Re: So, I tried Dwolla

#76

Post by jusben1369 »

dkhenry wrote: post #73

As a word of warning to those who would try Dwolla. Not only do they ask for tons of information as many posters have mentioned, but they will not remove your data if you close an account. If you read the Terms of Service Closely they dictate they they will keep your data for a _minimum_ of three years and possibly indefinitely. This includes your name, address, phone number, SSN, and Drivers License. Think twice abo…

There's a chance - given you were doing financial transactions with them - that they have to keep that data around for a period of time.

Re: So, I tried Dwolla

#77

Post by stinky613 »

etfb wrote: post #66

America is a funny place. You can get 127 varieties of salad dressing at your local supermarket, but you can't pay for it except with cash, unless you want to be hit with credit charges, and when you do the prices are not as marked. Australia, in sharp contrast, has laws requiring that the price on the shelf matches the price at the register -- some of them even allow you to get incorrectly-priced items for free, alt…

I don't think your impression of American shopping is accurate.

Many people pay with credit cards because they don't want to deal with loose coins and because credit card transactions can be viewed online. Anything I put on my Visa card I pay off in full at the end of the billing period; there are no fees, charges, or changes in prices that hit you when you use a credit card.

Re: So, I tried Dwolla

#78

Post by jusben1369 »

kylelibra wrote: post #4

Nothing could be worse than PayPal, but this is alarming. Personally Stripe is my go to payment method to use for clients.

Stripe is fantastic but 2.9% and 30 cents isn't trivial vs 25 cents if you're trying to have a client pay you $5000 or $10,000. If Stripe nails ACH that might be another thing.

Re: So, I tried Dwolla

#79

Post by timdorr »

etfb wrote: post #66

America is a funny place. You can get 127 varieties of salad dressing at your local supermarket, but you can't pay for it except with cash, unless you want to be hit with credit charges, and when you do the prices are not as marked. Australia, in sharp contrast, has laws requiring that the price on the shelf matches the price at the register -- some of them even allow you to get incorrectly-priced items for free, alt…

I haven't ever been subject to differing costs between credit/debit card and cash prices, with the sole exception of the liquor store. Are there specific stores in the US that do this?

Re: So, I tried Dwolla

#80

Post by jusben1369 »

kenmck wrote: post #39

Why is it that people think that they can open a payment account, transfer thousands of dollars into it as their first transaction and no one will ask any questions or be the least bit suspicious?

Yes I was kind of thinking of filing this under "the 1% problem". Who does that much money first time around?
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