Dwolla partners with Infinicept on account-to-account payments

Dwolla announced strategic partnership with Infinicept on December 3, 2021.

Primary

Dwolla

Counterparty

Infinicept

Structure

strategic partnership

Date

December 3, 2021

Sub-sector

PAD/ACH & Bank Rails

Partnership reduces overhead for firms adopting account-to-account payments as alternative to high-cost card networks.

Primary company

Dwolla

Counterparty

Infinicept

Amount

Not disclosed

Event date

December 3, 2021

Sub-sector

PAD/ACH & Bank Rails

HQ

Not disclosed

Structure

strategic partnership

Source published

December 3, 2021

Publisher

American Banker

Source: americanbanker.com