Iowa Announces Electronic Payment Option

Iowa has announced a new partnership with the Dwolla payment network to provide Iowa taxpayers with an electronic payment option for tax payments. Dwolla’s network charges a flat 25-cent fee on any payment over $10 instead of charging a floating percentage and fixed fee per transaction. The network eliminates the need for check payments. The first integration of the network will give businesses that already pay more than $100 million in cigarette stamp taxes the option of paying via Dwolla. (Release, Iowa Gov. Terry E. Branstad, January 22, 2013)

Posted on February 25, 2013