[wiredfool]

I can't believe Dwolla took a 30k risk for $0.25. Their risk management just isn't priced into their fees.

[dusing]

It's very slow and they wait until its "in the bank". So the whole business model of Dwolla is low risk.

[wiredfool]

If they do ACH, it's never really settled, it just hasn't returned yet. Some classes of returns are limited to 3 days, some 60, and some can be clawed back a year later.

Their proprietary exchange might have different rules, but iirc, it's not very widely distributed yet.

[fnordfnordfnord]

What risk? They hold your money for half a week or more.

[wiredfool]

Unauthorized transaction returns can take 60 days. Even with the most iron clad auth agreement, people will still claim that it's unauthorized.