View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
  2. Company news
December 5, 2013updated 04 Apr 2017 4:09pm

Payment processing firm Dwolla enters in a partnership with online service marketplace Fiverr

Payment's processing firm Dwolla announced the launch on 5 November 2013 of a partnership with online service marketplace Fiverr in a move aimed at helping to spur adoption of its payment option.

By Verdict Staff

Payment’s processing firm Dwolla announced the launch on 5 November 2013 of a partnership with online service marketplace Fiverr in a move aimed at helping to spur adoption of its payment option.

 

Dwolla’s promotion is targeting specifically the US where the first 10,000 people who use its service to pay for Fiverr will get a free $5 ticket to a gig and afterwards all others will get 20% off.

 

This new partnership with Fiverr will allow Dwolla to improve on the micro-transactions front. Fiverr has experience in the field, given its integration with PayPal. The partnership will also offer more options to merchants and vendors.

 

Dwolla was started with the aim of disrupting the traditional card companies, thanks to its low transactions fees (any transaction under $10 is free, while any higher one is a flat fee of $0.25).

 

The partnership with Fiverr is the last deal of a long series: the biggest of which was made 22 January 2013 when Dwolla began to process $130m annually for State of Iowa.

 

Related articles:

AnywhereCommerce to offer mPOS technology to Moneris Solutions

Italian Strategic Fund acquires 42.3% of financial tech company SIA

VTC Intercom in partnership with CyberSource for cross-border expansion

 

 

 

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU