About Dwolla
Dwolla is similar to PayPal in that you can transfer money from one individual to another. The major difference between the two is that Dwolla is free for transfers under $10 and only a quarter for transfers over $10. In addition to that by inviting friends to Dwolla you can save $10 in transactions fees which is basically getting 40 transactions for free!
Is Dwolla Secure?
Dwolla is about as secure as any other site you trust your credit card with these days. The company is from Iowa and the Iowa government allows its citizens to pay their cigarette stamp taxes with Dwolla. My logically train of thought is that if the Iowa government is that supportive then it can't be too bad. They've shown in the past to take preventative measures including starting a service called Grid so that users can avoid entering their credit card information.
Summary
If you're looking for a cheap way to pay people money and receive payments then Dwolla is currently the way to go! The only limitation is that it is only available in the USA.
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