Tag: alternative payment

The Evolution of Online Payment Systems: Dwolla as a Challenger to PayPal

Dwolla bypassed many of the traditional channels and built something cheaper, faster and safer than anything that previously existed. This creates a huge channel and market pricing advantage for Dwolla. As ecommerce payment systems mature, it costs less to maintain and transfer money, and some of the early players in this space will have to reevaluate their business models to remain competitive.

Gas Pump Confessional: Smartphone Payments that Bypass Interchange

The heavily touted incentive here is the opportunity to “Save 10¢ on Every Gallon, Every Day.” That is slightly better than what my credit card is offering in terms of cash-back rewards – and it’s an instant discount, not points added to a total that I always forget to redeem.