By: Caitlin,

This is part of a series called “Integration Highlights.” In this series, we highlight entrepreneurs and projects that use Dwolla to create new experiences, ideas and possibilities. You can find this story and others on Dwolla’s Pinterest board. Enjoy!

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Exciting news from Dwolla: more and more companies are integrating Dwolla for bulk payouts.

Companies are paying up to 2,000 people at a time (or more by request) by simply uploading a CSV to our MassPay tool or by integrating the MassPay API. Compared to expensive money wire services or writing and sending thousands of paper checks (and waiting for them to be cashed), using Dwolla for bulk payouts can save meaningful time and money.

The latest is Swagbucks, which went live with Dwolla last night. Swagbucks users can now cash out via Dwolla.

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Not only that, but Swagbucks has made the deal for Dwolla users super sweet, by letting you trade in 450 Swag Bucks for $5 in the Rewards Store, and by letting you buy into a $100 Dwolla Swagstakes for only 7 Swag Bucks. If you aren’t a Dwolla user yet, sign up via their referral link and earn 20 Swag Bucks instantly. 

 

 

 

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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.