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October 10, 2012

Dwolla Joins mFoundry’s Service Provider Network

Dwolla logo 140pxDwolla and mFoundry announced a partnership that extends Dwolla's peer-to-peer money transfer service to mFoundry's mobile banking customers.

“mFoundry’s network of more than 800 banks and credit unions creates a breakthrough opportunity to offer peer-to-peer payments to millions of banking customers who want a cost-effective way to move money,” said Dwolla CEO Ben Milne. “Dwolla's partnership with mFoundry delivers an affordable, safe and convenient way to pay anyone at anytime.”

Pay Your Way Education Portal in UK

Payments council logo 140pxThe UK Payments Council has an interesting educational portal, called Pay Your Way, for consumers to get a better understanding of how payments work in the UK.

The Pay Your Way website aims to help consumers by providing impartial information on the different payment methods available. The information helps you to compare their speed, cost, reliability and security, find out about new payment technology and ask an expert your questions about payments.

Good explanation of when and how to use a dozen or so common payment methods in the UK, including Faster Payments and even PayPal.

peerTransfer Doubles List of Schools in Just Six Months

PeerTransfer logo 140pxpeerTransfer, a cross-border tuition payments providers, announced that it has surpassed the 200-school milestone and now has reach to 28% of the United States’ higher education market.

“There is obviously an unmet need in the industry," said Iker Marcaide, CEO of peerTransfer. "We have grown the company exponentially and have been laser-focused on helping international students and their schools make paying for tuition as seamless as possible. I’m excited that within a year’s time we’ve experienced over a 500 percent growth in school deployments.”

In one year, peerTransfer has increased the number of payments processed by 10-fold, the number of currencies supported nearly doubled, and the number of schools it is partnered with has increased from 41 schools to 212.

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