From billion dollar companies to the neighborhood coffee shops, merchants of all sizes are seeking new ways to offer secure and affordable mobile payments systems that expand their ability to conduct business. The PayPal API got its start this way, first with online auctions, then with thousands of websites and individuals. It's now one of over 150 payment APIs, many of which exist outside of traditional finance.
Dwolla, highly innovative payment network, celebrates its second anniversary by hosting a hackathon in its birthplace: Des Moines, Iowa. To complement the unusual choice of geography for a hackathon, Dwolla chose a name to fit the occasion: Old MacDonald Hackathon. Dwolla and co-host, Silicon Prairie News, aim for 50 developers to enjoy the scene and conjure up some disruptive applications utilizing Dwolla's APIs.