Here’s another genius startup making our lives easier and our business more efficient. Introducing Dwolla, a peer-to-peer payment platform that connects to social networks and allows people to exchange money fast and with
low costs ($0.25 per transaction gets charged to the recipient).
Dwolla isn’t the first to roll out this concept. Pay Me launched in 2007 and TwitPay in 2009. Paypal even launched an app in 2009 called Send Money. But none of these apps are really relevant today.
Here’s a video of Dwolla’s founder sending money to Sean Parker.
