On Tuesday, fintech mobile app Pockitapp announced it has teamed up with Dwolla to deliver back-end banking integration services. According to Pockitapp, Dwolla provides a secure online payment system and mobile payment network to enable auto clearing house (ACH) transfers, including vendor payments. Pockitapp reported that working with Dwolla allows the fintech startup to offer access to all financial institutions rather than just one.
“Dwolla’s philosophy regarding the value of digital infrastructure to securely exchange money was key in making the decision, especially in light of the billions in commerce processed annually for their many fast-growing tech company clients.”
While sharing more details about the partnership, Christian Chicles, co-founder of the Pockitapp, stated:
“Dwolla’s API is robust and extremely well designed. This, in addition to their super friendly staff, created a smooth integration that the entire development team enjoyed. It’s not often a development team looks at an API doc and is excited about integrating. Dwolla’s API did that for us, and, turns out it did not disappoint.”
Pockitapp also reported it is launching locally in food/retail establishments across Central Florida. Consumers collect change from cash transactions and it’s instantly available on their mobile wallet. They pay with cash and get change back digitally, eliminating coins to carry, count, collect or convert. This fintech mobile app is being used seamlessly with retailers existing point of sale (POS) technology.