What are the key differences between Venmo and Dwolla as payment platforms?

Asked Feb 4, 2012· 1 answer
Faisal KhanAnswered Feb 4, 2012
The short answer would be:

Venmo: Free, linked to credit card, P2P payment system via the mobile, direct deposit into your bank account (with whom they an interconnect agreement with).

Dwolla: Free & Fee based. Not linked to your credit card, uses your existing bank account, by-passes the cards association network.
Peer-to-Peer PaymentsMobile PaymentsMobile Money
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