Dwolla never had native support for bitcoin transactions. We've always been used as a gateway between USD -> BTC by exchanges such as MtGox, BitInstant, etc.
This is still the case, and is still very much possible and active.
Sorry, I should've been more clear; I didn't intend to talk about native support. I was referring to the "gateway" service explicitly. The only reason I brought this up was because Dwolla was missing from BitInstant last week, but now Dwolla appears to have resurfaced back on BitInstant's form.
Paypal only lets you send in up to 250 rows, right? We've set that to 2,000 - and also uncap it for trusted users... At 250 records, the fee difference might not be much, but at 2,000 - it can quickly add up to a nice sizable sum, don't you agree?
I am confused. Paypal charges the fee per transaction. running mass pay 1000 times with 1 transaction is the same price as running it 4 times with 250 transactions. Paypal lets you run as many total transactions as you want. The max batch size is 250.
I originally didn't include "UK" in my post, but then realised that my knowledge was only of UK banks and that like direct debits it may be a country specific thing.
No no, it was actually sincere. I think that the UK's financial ecosystem is far more advanced than ours in the US... Money transfers are faster, more secure, and there's more of a general sense of progress...
There are a few services like this out there, but they use the "old rails" (e.g Paypal, ACH, etc), and they charge fees per batch, as well as per transaction. So yes, there are similar things, but all of them are wildly more expensive...
