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APIs · head to head

Dwolla vs Invoice2go

Dwolla logo

Dwolla

APIs

Account to account payment API for ACH, RTP and FedNow with pay by bank and instant payment routing

From
On request
Rated
-
Full reviewWebsite
Invoice2go logo

Invoice2go

Accounting

Mobile-first invoicing app for small businesses and freelancers

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Dwolla nothing is published: there are no per-transaction rates, no platform fee and no minimum on the pricing page, so every buyer negotiates blind and small platforms have no way to sanity check what they are quoted.; Invoice2go starter plan caps invoices at just 30 per year, forcing an upgrade for most active businesses.
  • They diverge on capability: Dwolla covers ACH transfers, Invoice2go covers Invoice creation and customization.
  • Prices and features above were last checked on 31 August 2026.

Where they differ

Only the attributes on which Dwolla and Invoice2go actually diverge.

Attributes where Dwolla and Invoice2go differ
AttributeDwollaInvoice2go
Pricing modelquotesubscription
PlatformsWebweb, ios, android
CategoryAPIsAccounting

Identical on both: starting price (On request), free tier (No), user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Dwolla

  • ACH transfers
  • Instant payments
  • Rail orchestration
  • Bank account verification
  • Dwolla Balance
  • Webhooks and reconciliation
  • Pay by bank
  • White label flows

Only in Invoice2go

  • Invoice creation and customization
  • Estimates and projects
  • In-app payments
  • Automated reminders
  • Accounting integrations
  • Team member access

What people use each for

The jobs each tool is most often brought in to do.

Dwolla

  • An insurance or lending platform disbursing funds to customer bank accounts where card payout fees would destroy the marginnot Invoice2go
  • A B2B marketplace collecting large invoice payments by bank transfer rather than paying interchange on cardsnot Invoice2go
  • A payroll or gig platform that needs to pay workers instantly and wants the rail chosen automatically by receiving bank capabilitynot Invoice2go
  • A property management system collecting rent by ACH with verified bank accounts and reliable return handlingnot Invoice2go

Invoice2go

  • Freelancers invoicing clients from a mobile devicenot Dwolla
  • Small service businesses tracking estimates and projectsnot Dwolla
  • Businesses wanting integrated card and ACH paymentsnot Dwolla
  • Businesses syncing invoices with QuickBooks or Xeronot Dwolla

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Dwolla

  • Nothing is published: there are no per-transaction rates, no platform fee and no minimum on the pricing page, so every buyer negotiates blind and small platforms have no way to sanity check what they are quoted.
  • It is payments only, with no deposit accounts, card issuing or general ledger, so companies embedding financial products need at least one further vendor and the reconciliation between them.
  • Instant payment reach depends on the receiving institution supporting RTP or FedNow, so a meaningful share of payouts still fall back to ACH timing regardless of what the API can do.
  • ACH returns and administrative returns remain your operational problem, and platforms new to bank rails routinely underestimate the customer support load that failed debits generate.
  • Access to instant rails runs through Dwolla banking partner, which reintroduces a bank dependency into a product that otherwise avoids sponsor bank programme risk.

Invoice2go

  • Starter plan caps invoices at just 30 per year, forcing an upgrade for most active businesses.
  • Card processing fees are higher than some dedicated payment processors.
  • Accounting integrations are limited to QuickBooks and Xero, excluding other platforms.
  • Premium plan requires roughly $100k+/year revenue to be cost-effective, per its own positioning.

Pricing, plan by plan

Dwolla

On request
  • Dwolla Payment API$undefined/year
    • Custom pricing built around transaction volume, rails used and integration needs
    • No published per-transaction rates or platform fees
    • Volume based plans for platforms and enterprises

Invoice2go

On request
  • Starter$undefined/month
    • 30 invoices/year
    • 3.5% card payment fee
    • Free ACH bank transfers
  • Professional$undefined/month
    • 100 invoices/year
    • 3% card payment fee
    • QuickBooks/Xero integration
  • Premium$undefined/month
    • Unlimited invoices
    • 2.9% card payment fee
    • Recurring invoices

Which should you pick?

Choose Dwolla if

  • You need ach transfers.
  • You also want instant payments.
Dwolla review

Choose Invoice2go if

  • You need invoice creation and customization.
  • You work on web, ios, android.
  • You also want estimates and projects.
Invoice2go review

Questions people ask

Is Dwolla or Invoice2go better?
Neither clearly leads. Dwolla starts at On request and Invoice2go at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Dwolla or Invoice2go?
Dwolla starts at On request and Invoice2go at On request.
Does Dwolla or Invoice2go run on more platforms?
Dwolla runs on Web. Invoice2go runs on web, ios, android.
What is Dwolla best used for?
Dwolla is most often used for an insurance or lending platform disbursing funds to customer bank accounts where card payout fees would destroy the margin, a b2b marketplace collecting large invoice payments by bank transfer rather than paying interchange on cards, a payroll or gig platform that needs to pay workers instantly and wants the rail chosen automatically by receiving bank capability, a property management system collecting rent by ach with verified bank accounts and reliable return handling. Of those, an insurance or lending platform disbursing funds to customer bank accounts where card payout fees would destroy the margin and a b2b marketplace collecting large invoice payments by bank transfer rather than paying interchange on cards are not what Invoice2go is typically brought in for.
What can Dwolla do that Invoice2go cannot?
Dwolla covers ACH transfers, Instant payments, Rail orchestration, Bank account verification. Invoice2go covers Invoice creation and customization, Estimates and projects, In-app payments, Automated reminders.

Answered from the vendors’ own pages

Dwolla: What does Dwolla cost?

It does not publish anything. Pricing is custom and built around volume, rails and integration. Establish the monthly platform fee and any minimum before negotiating per-transaction rates.

Invoice2go: What does Invoice2go cost?

Invoice2go offers three tiers - Starter (30 invoices/year), Professional (100 invoices/year), and Premium (unlimited invoices) - distinguished by invoice volume and card processing fees from 3.5% down to 2.9%.

Source
Dwolla: Does it support instant payments?

Yes, through both the RTP network and the FedNow Service, with automatic selection based on the receiving bank. Where neither is supported, payments fall back to ACH.

Invoice2go: Is there a free trial?

Yes, Invoice2go offers a 30-day free trial that requires a credit card but includes a 100% money-back guarantee if canceled within 30 days.

Source
Dwolla: Is Dwolla a bank?

No. It is a payments platform that works through banking partners. It does not offer deposit accounts or card issuing.

Invoice2go: Does Invoice2go integrate with accounting software?

Yes, the Professional and Premium plans include integration with QuickBooks and Xero.

Source
Dwolla: How does bank account verification work?

Either instantly through open banking connections or by micro-deposit verification, which takes a day or two but works where instant linking fails.

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