Post
Topic
Board Bitcoin Discussion
Re: TradeHill - Why we no longer accept Dwolla and an open letter to Ben Milne
by
Jered Kenna (TradeHill)
on 28/07/2011, 17:42:45 UTC
why couldn't a bitcoin business buy Dwolla?
What for? Bitcoin businesses were interested in Dwolla only because of their "no chargeback" policy! Now it is quite clear they do not have such a technology or know-how in place. So, they are not attractive anymore.

We're now using Paxum at TradeHill which has more fraud protection in place. It doesn't have all the same peer to peer features that Dwolla does but allows payments similar to Paypal. It can be funded in a similar way with a few additional options like checks and wires.   It will also allow you to withdraw funds from an ATM or with a debit card.

For more information go to www.tradehillblog.com or www.paxum.com

The opportunity is to *replace* dwolla with a service that keeps its word. All they are is a webite using the ACH system. Pretty simple stuff really.

We feel confident that Paxum will. They've been in business a lot longer.

Jered