>We’re starting with eCommerce and then rolling out to other retailers. Isn't it illegal to charge the customer before the goods are shipped. Do they handle pre-auth and settlement?
Dwolla launches Dwolla Credit – Real-time payments without interchange
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Re: Dwolla launches Dwolla Credit – Real-time payments without interchange
#12How are chargebacks handled in this system?
Re: Dwolla launches Dwolla Credit – Real-time payments without interchange
#13How are chargebacks handled in this system?
Chargebacks don't exist in the Dwolla universe. Its not a credit card.
You can read about them here: http://help.dwolla.com/customer/portal/articles/1203299-how-...
and here: http://help.dwolla.com/customer/portal/articles/87923-file-a...
Re: Dwolla launches Dwolla Credit – Real-time payments without interchange
#14>We’re starting with eCommerce and then rolling out to other retailers. Isn't it illegal to charge the customer before the goods are shipped. Do they handle pre-auth and settlement?
No it's not illegal to charge before shipping, why would you ship something out that costs $$$ when you run the risk that the card will not be good?
Re: Dwolla launches Dwolla Credit – Real-time payments without interchange
#15>We’re starting with eCommerce and then rolling out to other retailers. Isn't it illegal to charge the customer before the goods are shipped. Do they handle pre-auth and settlement?
Re: Dwolla launches Dwolla Credit – Real-time payments without interchange
#16The post is light on details, unfortunately. As far as I can tell, it's more similar to BillMeLater than it is to a credit card. The only other information I could find on Dwolla Credit is a support FAQ[1]. Interestingly, the credit provider is Comenity Capital Bank, which is also behind BillMeLater[2]. I still don't completely understand the difference in models between something like Dwolla Credit (or BillMeLater)…
Re: Dwolla launches Dwolla Credit – Real-time payments without interchange
#17Signed, A New Zealander.
Re: Dwolla launches Dwolla Credit – Real-time payments without interchange
#18When Dwolla goes international this will get interesting. Until then a lot of us just shrug. That's not intended as an insult -- I just wish they'd go global already. Signed, A New Zealander.
Signed, A Singaporean!
Re: Dwolla launches Dwolla Credit – Real-time payments without interchange
#19Re: Dwolla launches Dwolla Credit – Real-time payments without interchange
#20When Dwolla goes international this will get interesting. Until then a lot of us just shrug. That's not intended as an insult -- I just wish they'd go global already. Signed, A New Zealander.