Wednesday, October 10, 2012

Dwolla Partners With mFoundry for Peer to Peer Mobile Payments

Dwolla is partnering with mobile banking and payments service provider mFoundry to provide peer to peer mobile money transfers and payments to mFoundry's  800 banks and credit unions using the mFoundry cloud banking platform known as Fin.X.

The Starbucks Card Mobile is powered by mFoundry. The new agreement means Bank of America, PNC Bank, Zions Bank and more than a third of the top 50 U.S. institutions could provide P2P money transfer, if they choose to do so. 

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