According to the source, the service was built on e-check technology Dwolla introduced last year, which allowed for both one-time and multiple payments. With this solution, guests could access the Dwolla network and initiate a transaction directly from an existing bank account or credit union in order to pay a Dwolla user.
With GoDaddy’s service, the businesses can send an e-invoice to their customer or vendor, without having to first register upfront for Dwolla. Meanwhile, the receiver of the invoice has the option to pay with either their own Dwolla account, if they already have one, or they can simply use the e-check option to pay from their bank account instead.
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