Are there plans to open this up worldwide in the future? (and if so, do you have a non-committal, handwavey estimate of how far in the future? A few months/a lot of months/a few years/a lot of years?)
What's the biggest issue with going international or say close neighbour as Canada? Is it simply costs that instantly get created due to cross-border measures, etc?
Regulations, mostly. Financial transaction rules and regulations are very complicated and vary from country to country. For example, dealing with EMV in Canada is a complicated process, made even more so by Interac.
Comments
Is this limited to US-US payments?
Yes. US only.
Are there plans to open this up worldwide in the future? (and if so, do you have a non-committal, handwavey estimate of how far in the future? A few months/a lot of months/a few years/a lot of years?)
I like to remind Dwolla about Canada once in a while on twitter. I never get a response though.
Sorry buddy. International is very much on our mind- but we are trying to stay focused on US right now. We love Canada though :)
What's the biggest issue with going international or say close neighbour as Canada? Is it simply costs that instantly get created due to cross-border measures, etc?
Regulations, mostly. Financial transaction rules and regulations are very complicated and vary from country to country. For example, dealing with EMV in Canada is a complicated process, made even more so by Interac.