UPDATED 13:22 EDT / JUNE 10 2013

NEWS

Finally, You Can Track Your Dwolla Account on Mint.com

For those who have been longing for Dwolla on Mint.com, here comes the good time as Mint.com has integrated Dwolla.

Here’s what Dwolla announced on its official blog:

“Many of you have asked for it, and now it’s finally here. Mint.com has integrated Dwolla, allowing you to easily track your expenses alongside your other financial accounts. We’re proud to work with companies like Mint that can innovate quickly, providing both of our customers with the tools that they’ve requested.”

Having integrated with Mint.com, Dwolla will help its users track their expenses on the go and know where their money is going. It’s easy to add Dwolla account on Mint.com; here’s the simple procedure:

• Go to Accounts > Edit
• Choose Add Account and type in Dwolla
• Provide your Dwolla account login credentials

Once the account is integrated, transactions will be pulled in and categorized by type such as shopping, cab fares, coffee shops, etc.

Dwolla was founded in 2008 and connects to a user’s bank account to allow them to move money for just $0.25 per transaction, or free for transactions $10 or less. But it has been facing rough times too, especially due to Bitcoin. Earlier in May, The Department of Homeland Security shut down Dwolla payments to and from Mt.Gox, the world’s largest Bitcoin trading platform. Apparently, US government is threatened by the digital currency and that by blocking Dwolla, its taking its first steps towards hindering its progress.

Talking about Mint.com, it keeps on doing good things for its customers, and Dwolla integration is a great example. The personal finance site also published an infographic near Black Friday that offered its users a few tips on how to deal with shopping season fervor without breaking the bank. It published ten tips that consumers should check before heading out to stores.


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