DES MOINES -- Online person-to-person payments service Dwolla has introduced a simple method to send money to others on Twitter, requiring only their username, the dollar amount, and the hashtag #dwolla.

“This makes it easy to send money to friends, nonprofits or even merchants without having to login to the Dwolla mobile app,” the company says.

To send money to others over the Twitter-based Dwolla Pound users need a Dwolla account. The money is deposited into the recipient's Dwolla account in real time.

Several credit unions offer accounts through Dwolla, a three-year-old startup financed in part by Veridian CU and The Members Group, an affiliate of the Iowa CU League.

 

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