By: Michael,

Today, we’ve released what has probably been the most requested API feature to date – the ability to Add and Verify bank accounts programmatically. These updates are particularly important. The reason behind this is that we realize the friction involved in non-Dwolla user checkouts. Ideally, we would like to give developers the ability to programmatically (using our API) create fully working, verified Dwolla accounts – thus, reduce the friction involved with account creation and payment to a minimum.

So, without further adieu – here’s the documentation for the new calls:

Adding a bank account:

Verifying a bank account:

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Financial institutions play an important role in the Dwolla network.

Dwolla, Inc. is an agent of Veridian Credit Union and Compass Bank and all funds associated with your account in the Dwolla network are held in pooled accounts at Veridian Credit Union and Compass Bank. These funds are not eligible for individual insurance, including FDIC insurance and may not be eligible for share insurance by the National Credit Union Share Insurance Fund. Dwolla, Inc. is the operator of a software platform that communicates user instructions for funds transfers to Veridian Credit Union and Compass Bank.