Dwolla is a US-only e-commerce company that provides an online payment system and mobile payments network by the same name. Dwolla (https://www.dwolla.com) has added something that they hope will change ACH payment processing for the better. Their recently added FiSync gateway gives traditional ACH processing a real-time twist. They envision that all payments can become real-time payments when processed through the FiSync gateway. The more banks that integrate with the FiSync gateway, the more real-time their network will become.

OpenACH is watching closely as Dwolla develops and expands their network. We have already began to plan for the development of a bank plugin module that will allow OpenACH payments to be processed through the FiSync gateway. Stay tuned for more updates!